Comment by daghamm
1 year ago
Came here to say this.
Alos, one important thing that happened in Sweden was that the part that was not privatised was also ran like a for profit company.
The railway infrastructure "CEO" basically stopped a lot of repair work and long term projects and was able to show some very good numbers to the goverment, which they very much liked. 10-15 years later things started falling apart, by which time she was long gone.
If it walks like a duck and quacks like a duck and follows all the Wall Street bad practices... So much for obstinately calling it "not-privatized", when by all practical matters it is.