Who says that we would have to directly buy out every single share within a company at market price, when Railtrack was nationalised we didn't buy all the shareholders out they got compensation in the form of a few pence. Do you really think that when Attlee and his pioneering labour government nationalised our key assets that they had to nationalise electricity board for example?
I'd certainly be happy to pay an extra pence of income tax if it meant that the money went to funding government services like the NHS, the welfare state or renationalising the key industries. Whose to say that income tax would have to rise for everyone, why not just increase the number of increments with those who earn the most in society paying 80% on earnings over £200,000? There's more ways to increase funding than cutting and increasing tax for poorer people.
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To nationalise the railways for example you don't need to buy out first group you wait for the contract to expire, same with renationalisation of the NHS - you wait for serco'so contract (for example) to expire and then let the NHS operate the contract (obviously after scrapping the any qualified provider clause!) Royal Mail would be a cease and compensate manoeuvre as would the energy sector
Interesting points, try to recall the way the Liberal party went about trying to gain election not many years ago though. Everyone was very supportive of their ideas on how to run the NHS for example, that was by raising income tax and national insurance, what happened when those people went to the ballot box, the Liberals got slaughtered because the average person in the street was not going to pay for reform
You're idea of raising tax is just old hat that's been tried before and is being shown for the disaster it is in France right now, the rich money makers won't stand for being screwed, they'll just up and pack their bags and tax in another country, get lost then you may well say, but where is your funding coming from now ?
Yes, you may get away with, eventually, running the franchises down, what are you going to do about the ROSCOs though ?, are you going to go down the compulsory purchase route and screw the rich and the pensioners whose income is coming from shares in major companies ?, if you pay the going rate then where is that money coming from ?, you could say up yours to the ROSCOs and build all new trains for your nationalised railway, where is the cash for that coming from ?
As for your cease and compensate idea for the electric, gas and water industries, well, are we all wanting to live in a dictatorship or have you got yet another pot of money to buy out the shareholders there as well ?
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You wouldnt have to give shareholders anything you just wouldnt re-let the franchises.
It's that easy is it ?