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  Reg - nationalisation does not change the reality of energy supply and our dependence on international markets. There is nothing intrinsically safe about state ownership, the opposite.
  
  Tom - those industries were killed off over donkey's years by being nationalised monopolies and dealt a death blow by militant trade unions. The heavy hand of government prevented them competing in the modern world and they were unsustainable as they were. If they were not nationalised in the first place those industries would have had to develop, modernise and compete over the decades after WW2. The damage had already been done by 1979 and markets lost with poor reputation for their overpriced and often out-dated products.
  
  Some though thrived post-privatisation and we are all the better off as a result. BT and utilities being prime examples alongside the NFC. The only one that was a failure, simply because the privatisation was bodged by the Major government, was rail.

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