The control of private shares is Stone Age. The message also - why should capitalists make profits from utilities when the state can control profits was straight from the little red book
I’m not actually against transport in public hands as it’s a service but then the message was hilarious. They were advertising that season tickets for rich consumers who probably get allowance through their company anyway would go down by 30%. Surely the benefit of public transport is to fund remote area services for pensioners at a loss and find it through high earning commuters. It was a stupid message
The broadband policy was horrific
Control of private shares isn't Stone Age - it's actually a sensible progression of corp tax. Companies minimise tax bills and avoid it where possible to increase dividend payouts - the public and private sector are at total odds with one another and it becomes this battle with govt passing more legislation to close loopholes while the companies spend a fortune looking for new ones. Everyone is wasting time and resources looking to get one over the other.
So instead of charging corp tax having shares in the company that gives the country dividends works for everyone. The private shareholders get their slice of the cake and society as a whole gets a benefit from those same dividends. Both private and public sector want the same thing and are singing from the same hymn sheet.
Plus with that the public sector also want to make sure that the companies have the best infrastructure, skilled workforce to increase that dividend and so invest in it. If the shareholding is at a level whereby the state can't overturn company decisions then their ability to interfere is minimal and no more than it is through passing legislation.
Reading what you write on here really does give me flashbacks to doing my reading at uni - it's almost word for word from the textbooks. You're like those people going around waving a Bible/religious text of choice in the air and proclaiming it the truth when the actual truth is they've never truly looked at it with a critical/questioning eye. Once you do you quickly go "hang on, that doesn't make sense"