@lse: “Water companies are the classic example of where markets won't work because you've got a natural monopoly.” 🚰 In our brand new #LSEiQ podcast Professor Gwyn Bevan from the Department of Public Policy and Department of Management at LSE explains why privatised water companies have failed and why the UK water industry needs to be re-nationalised. 🎧 Link in bio to listen to the episode. #Water #Sewage #Podcast #UK #CleanWater #WaterIndustry #ThamesWater

London School of Economics
London School of Economics
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Region: GB
Tuesday 07 January 2025 13:15:00 GMT
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mg70092
mg70092 :
Private markets work very well, problem is semi private, overregulated markets where someone acts with other people's money, like where politicians buy on our behalf
2025-01-10 06:06:08
2
greysquare15
GreySquare15 :
This is SO obvious I can't believe everyone was taken in by privatisation.
2025-01-10 07:42:46
278
model_builder
Andrew Builds Models :
all public services, and I mean ALL, must be in the hands of the people, controlled by the people, as soon as it goes private, its about profit, not service....
2025-01-10 13:10:47
110
colin457922
colin :
Both parties have - still - a dogmatic ideological commitment to privatisation which is immune to reason.
2025-01-10 05:25:20
105
louisrpurchase
Louis Purchase :
100% - it’s monopolisation rather than marketisation. And it’s disastrous
2025-01-10 19:36:22
12
notoallthis
Noticing greatly :
Also even when there’s competition eventually one of the competitors will win. Producing monopoly.
2025-01-12 20:46:18
5
aris.floress1
Aris🇲🇽🇦🇫 :
Great listen, is he speaking at a public lecture soon?
2025-01-07 16:08:50
2
patrickheffernan56
Paddy Heffernan :
Following. Thanks for posting.
2025-01-10 13:15:01
2
hkahcubcgbcjnsx
😆 :
Dogma is never good. We need pragmatism and a sensible, mixed economy that works in tge interests of the greatest number of people
2025-01-10 07:41:39
2
ratapol01
Matt Usalen :
Tho poor will be tricked until it all bangs
2025-01-10 06:04:17
1
spfrance
HumanRights :
Health care. Like you're going to do a full market analysis before telling the ambulance which hospital to take you to. 🤦🏼‍♀️🤦🏼‍♀️🤦🏼‍♀️
2025-01-13 06:39:39
1
harrietpretty
Harriet Pretty :
@Dais
2025-01-10 09:33:08
1
jjonowens
user5535221820092 :
Anyone know the name of “his book”, that he eludes to?
2025-01-14 18:36:58
1
thebluebottle456
thebluebottle456 :
👏👏👏👏👏👏👏
2025-01-15 02:36:05
0
notesonthewayout
Notes on the Way Out :
👌
2025-01-15 19:25:49
0
20106011me
20106011 :
when he's water and starts laughing it says it all
2025-01-14 16:06:12
0
tvdog_96
tvdog_96 :
I am a Business owner and whoever believes markets alone can create a civilized society does not know the ugly brutal nature of capitalism. history has already shown us those lessons
2025-01-15 02:21:19
0
crp1678
Chauffeur :
People have to wake up to the fact that the elites have slowly taken over our day to day lives.
2025-01-14 23:21:34
0
epistimo
Gaius Augustus Germanicus :
"Confidence Trick," or as we say in the states, a con.
2025-01-15 19:28:06
0
cjkj_01
cjk_01 :
👏
2025-01-16 02:52:26
0
samuiqbn7at
sam :
Socialism gives them what they need - untilities, healthy food, health system, libraries Capitalism gives people what they want - 'nice' things, fast food, game shows.
2025-01-30 04:42:24
0
bindestrichsoz2
Bindestrich :
the LSE is now critical of its own teachings?
2025-03-08 17:53:07
0
whatsinaname53
user2616478660564 :
Don’t agree, they’ve been poorly regulated and there’s been collusion for profits. State owned companies involve corruption and theft and many other terrible issues because of poor mgt.
2025-02-02 15:55:58
0
user175284288
Mary :
🤲💙
2025-02-03 13:16:02
0
christianclark12
Christian Clark :
This is a garbage tier take to convince midwits we need a communist regime. How did that work out?
2025-02-04 21:23:33
0
danish_beer_can
Danish Beercan :
Some of the comments on here are a little on the wank side…not saying the man is right or wrong, just listen and think and work on your own bias and facts.
2025-02-07 06:47:47
0
jayceebee84
Jaycee84 :
guus hiddink?
2025-02-13 15:44:37
0
bren.cook6
Bren Cook :
Thank God someone with credibility is saying this as no one has listened to me for years.
2025-02-14 09:17:34
0
670e10
N :
Let us save, so we can share and distribute
2025-02-17 10:18:50
0
kredytikropka
EconiQ 🇵🇱🇨🇦🇪🇺🇦🇺 :
healthy degree of state ownership on that case?
2025-02-18 07:15:07
0
oneish_
rumpleforeskin :
markets don’t work well for necessities, proof of that is that people starve
2025-02-18 19:28:07
0
capitalism_enjoyer_
Capitalism - Enjoyer :
Ahh we have a natural monopoly so the solution is to replace it with a violently forced monopoly by the state
2025-02-22 00:51:20
0
martindeco
Martin 🎭 :
Or energy or transport
2025-02-23 10:37:38
0
spluntii
spluntii :
Do failing providers really exit the market with bread?? Most bread people eat in the UK is UPF, which is incredibly cheap and incredibly unhealthy. Is that a failing or successful provider?
2025-02-28 15:09:39
0
username_26901
. :
The link in your bio isn’t working, where can I access the podcast instead?
2025-01-07 15:31:09
0
theobjectivist89
theobjectivist89 :
Is this guy an economist? He talks about a “monopoly” in water services without explaining the root cause. Which is that the government created the monopoly by issues *licenses* to certain
2025-01-10 18:40:47
0
lifeinnumbers1
LifeInNumbers :
He said something wrong. Utilities (like water companies) are not the prime examples of markets not working. The prime example is healthcare. Guess what’s the new sector Reform dreams to privatize…
2025-01-10 07:58:42
0
davefrombarrow
Dave Robinson :
So privatisation doesn’t work. Public ownership didn’t work. What next for water?
2025-01-10 08:29:56
0
jimo129
Jimo129 :
I’m not really sure one needed an LSE lecturer or a book to realise this…everybody in the world knows monopolies (water, rail) are a con
2025-01-10 08:35:54
0
shaders85
sean7 :
sadly bread is poison
2025-01-10 08:56:42
0
normpatsims
Nor Patsim :
China seems to have found the right balance of socialism and capitalism as its economic system, both public and private. It works & is the most remarkable economic transformation in human history.
2025-01-10 10:15:09
0
quintophony
Panglos :
Do you need reminding about the unions holding the country to ransom. Rubbish in the streets, Coal, British Leyland? Want that back again?
2025-01-10 10:32:21
0
howmanybeanzmakefive
howmanybeansmakefive? :
We all knew this from day one, and repeatedly with every new gov. Even neoliberal institutions like the IMF/EU became wary of full-neoliberalism by the ‘10s. Why does this still need to be explained!
2025-01-10 15:26:41
0
designsforlife
shirty :
Exactly, you shouldn't be allowed to profit from basic human needs
2025-01-10 15:38:50
0
autonomousb0t
autonomousb0t :
most of the water from california is owned by a billionaire
2025-01-10 17:38:18
0
kearinsmusic
Kearins :
The biggest trick they ever pulled is convincing working class people that socialism is evil. Go figure.
2025-01-10 17:56:56
0
dr_grandad
PeeJay :
👏👏👏👏👏
2025-01-10 18:11:10
0
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