American_in_Europe Wrote:
Apr 12, 2013 2:59 AM
The pendulum swings and as expected privatization is being reversed or stopped here in Europe. In France control of water distribution, after more than a decade of higher prices and reduced maintenance and investment, is being returned to the public sector in city after city. In Germany the negative impact on service, prices, and technical excellence caused by preparing the public train system for the stock market has been realized. A mixed system now exists where numerous private companies run trains on the public network on those routes abandoned by the state system. These experiments have led many to believe that accepting bureaucratic inefficiency is often better than allowing private companies to neglect infrastructure.