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In the previous post: UK Rail Rip-Off:Coming off the Rails, ANDY FLEMING looked at how our once great national railway system that was the envy of the world, was butchered by politicians obsessed with imposing free market disciplines on a strategic national monopoly. In this post he takes a look at the Tories' half baked, inefficient, horrendously expensive and disastrous privatisation experiment with our railways.
You can always detect a political zealot. They are just like religious zealots and fundamentalists. The very last thing any of them can be bothered to do is learn any facts about the particular area they rant about. And I don't mind, I'm all for freedom of speech, just so long as they don't wreck our industries and economy or blow up aeroplanes. But that's just what's been happening to the British economy over the last four or five decades.
It has of course been an agenda dominated by right wing libertarian politics that has espoused an age old doctrine first propounded by Adam Smith and his "hidden hand" in his tome The Wealth of Nations. Like a hydra that keeps having its tentacles amputated, its philosophies of deregulation, "rolling back the state", and the wholesale privatisation of strategic state natural monopolistic industries just keep growing back.
The same old tired policies practiced right up to 1945 keep getting trotted out in every new generation of right wing politicians. They regard them as panaceas to every conceivable societal ill. It took an 'Old Labour' government led by Clement Attlee to civilise Britain, to legislate against children being sent up chimneys or down mines or becoming illiterate adults. Centuries of Adam Smith's free markets had failed to provide even a meagre standard of living for the majority of the population. The whole ideology was and still is just an excuse for individual greed masquerading as a political and economic ideology.
In just a few a few short years following VE day thanks to collective state intervention, Britain gained a socialised health care and education system, a Welfare State, socialised housing and the nationalisation of decrepit and rundown yet vital and strategic monopolistic industries including steel, coal and the railways. Such is the nature of global capitalism however, that even in the fifties a civilised society meant a society in which wage, safety and environmental protection costs were higher. Corporations and international capital always on the lookout for a workforce and a nation to exploit started to relocate their sweat shops run with slave labour to places such as Hong Kong and Japan.
It wasn’t long before the worsening balance of payments and trade deficits were being blamed on workforce laziness, unionisation, wages, infact everything under the sun as long as that didn’t include archaic British management practices or an early sixties Macmillan government led by a bunch of politicians like Profumo who epitomised the word sleaze.
Nationalised industries bore brunt of much of the blame and especially Britain’s railways. Nationalised in 1948 out of desperation resulting from decades of private company neglect, the “Big Four” railway companies (London Midland Scottish, Great Western Railway, London and North Eastern Railway and Southern Railways) became united and nationalised as British Railways.

