Corbyn to nationalise railways and energy companies

MartinPMartinP Posts: 31,358
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Jeremy Corbyn has declared his admiration for Karl Marx as he insisted he wants to be elected Labour leader and ultimately Prime Minister. Mr Corbyn said he wanted to nationalise the railways and the energy companies to give voters “a real alternative” to Conservative “austerity”.

http://www.telegraph.co.uk/news/politics/labour/11763640/Jeremy-Corbyn-Britain-can-learn-from-Karl-Marx.html

So my question is - how much will it cost taxpayers to nationalise the railways and the energy companies? Does anyone know? This article says it may be against EU law and British Gas costing £30bn alone.

http://www.independent.co.uk/environment/should-the-big-six-be-nationalised-8981112.html
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Comments

  • AndyCopenAndyCopen Posts: 2,213
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    He will just steal them. It's the socialist way
  • MartinPMartinP Posts: 31,358
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    AndyCopen wrote: »
    He will just steal them. It's the socialist way

    He may well decide to pay much less than market value, but that would impact on the savings of millions of shareholders and pensioners which would not go down well.
  • TomWhittonTomWhitton Posts: 1,465
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    Marx wasn't a reformist. The Telegraph don't know what they're talking about.
  • SurrenderBillSurrenderBill Posts: 19,084
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    AndyCopen wrote: »
    He will just steal them. It's the socialist way

    As opposed to flogging stuff off cheap to your mates who then quickly sell at closer to the real value?
  • MartinPMartinP Posts: 31,358
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    TomWhitton wrote: »
    Marx wasn't a reformist. The Telegraph don't know what they're talking about.

    But does Corbyn know what he is talking about? By how much will he have to increasing borrowing to nationalise the industries he wants to?
  • greenyonegreenyone Posts: 3,545
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    AndyCopen wrote: »
    He will just steal them. It's the socialist way

    Your confused that's the Tories :D
  • jcafcwjcafcw Posts: 11,282
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    Sadly more lies and untruths from the Torygraph.

    Saying that he wanted to nationalise the railways - hence the past tense - doesn't mean he will privatise them if he became the leader. He also in that video didn't call himself a Marxist and said he didn't read as much as he might. An ardent Marxist would have devoured everything he could.

    It is another sign of a newspaper site producing a click-bait article to try and get money from advertising with a "liberal" use of the truth.
  • jenziejenzie Posts: 20,821
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    pity it's NOT an alternative, just simply changing them over
  • MartinPMartinP Posts: 31,358
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    jcafcw wrote: »
    Sadly more lies and untruths from the Torygraph.

    Saying that he wanted to nationalise the railways - hence the past tense - doesn't mean he will privatise them if he became the leader. He also in that video didn't call himself a Marxist and said he didn't read as much as he might. An ardent Marxist would have devoured everything he could.

    It is another sign of a newspaper site producing a click-bait article to try and get money from advertising with a "liberal" use of the truth.

    BIB makes no sense and doesn't align to what I heard him say. :confused:

    I can provide another source if that helps

    http://www.huffingtonpost.co.uk/2015/07/26/jeremy-corbyn-andrew-marr-labour-leadership-win_n_7873368.html

    Labour leadership hopeful Jeremy Corbyn has said "we all owe something" to socialist revolutionary Karl Marx as it was claimed militant activists have infiltrated the contest to help the left-winger to win.

    Mr Corbyn, who wants to end austerity and re-nationalise the railways and energy industries, told the BBC's Marr Show Marx's writing was "brilliant" and dodged the question when asked directly whether he was a Marxist himself.
  • mungobrushmungobrush Posts: 9,332
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    jcafcw wrote: »
    Sadly more lies and untruths from the Torygraph.

    Saying that he wanted to nationalise the railways - hence the past tense - doesn't mean he will privatise them if he became the leader. He also in that video didn't call himself a Marxist and said he didn't read as much as he might. An ardent Marxist would have devoured everything he could.

    It is another sign of a newspaper site producing a click-bait article to try and get money from advertising with a "liberal" use of the truth.

    According to Wiki, he also wants Britain to become a republic, and he wants to abolish the House of Lords.

    "He was one of sixteen signatories to an open letter to Ed Miliband in January 2015 calling for Labour to make a radical commitment to opposing further austerity, to take rail franchises back into public ownership, and to strengthen collective bargaining arrangements ahead of that year's general election, in which Labour was defeated."

    https://en.wikipedia.org/wiki/Jeremy_Corbyn
  • SurrenderBillSurrenderBill Posts: 19,084
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    According to an unnamed source, he also want to ban the sale of cheddar cheese in the north.
  • smudges dadsmudges dad Posts: 36,989
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    mungobrush wrote: »
    According to Wiki, he also wants Britain to become a republic, and he wants to abolish the House of Lords.

    Seems a decent set of policies. Don't forget not renewing Trident as well.
  • plateletplatelet Posts: 26,361
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    pork.pie wrote: »
    According to an unnamed source, he also want to ban the sale of cheddar cheese in the north.

    Where does he stand on restaurants that stick a crust on the top of stew and claim it's a pie?
  • mungobrushmungobrush Posts: 9,332
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    platelet wrote: »
    Where does he stand on restaurants that stick a crust on the top of stew and claim it's a pie?

    Depends on whether or not it's halal?
  • MartinPMartinP Posts: 31,358
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    platelet wrote: »
    Where does he stand on restaurants that stick a crust on the top of stew and claim it's a pie?

    He wouldn't know about that as he's a "strict vegetarian"
  • AndyCopenAndyCopen Posts: 2,213
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    MartinP wrote: »
    He wouldn't know about that as he's a "strict vegetarian"

    Why does he spank his brocilli ?
  • Jol44Jol44 Posts: 21,048
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    Most of the public would like to see this.
  • smudges dadsmudges dad Posts: 36,989
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    platelet wrote: »
    Where does he stand on restaurants that stick a crust on the top of stew and claim it's a pie?

    I would totally ban them from being called a pie unless it's a potato topping
  • jcafcwjcafcw Posts: 11,282
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    MartinP wrote: »
    BIB makes no sense and doesn't align to what I heard him say. :confused:

    I can provide another source if that helps

    http://www.huffingtonpost.co.uk/2015/07/26/jeremy-corbyn-andrew-marr-labour-leadership-win_n_7873368.html

    Labour leadership hopeful Jeremy Corbyn has said "we all owe something" to socialist revolutionary Karl Marx as it was claimed militant activists have infiltrated the contest to help the left-winger to win.

    Mr Corbyn, who wants to end austerity and re-nationalise the railways and energy industries, told the BBC's Marr Show Marx's writing was "brilliant" and dodged the question when asked directly whether he was a Marxist himself.

    This is badly written click-bait masquerading as journalism and both you and the Daily Telegraph should be above that.

    Until nationalisation plans are firmly in the Labour manifesto than it is just speculation. There is also the fact that despite what he wants he has to convince his fellow members to accept it.
  • allaortaallaorta Posts: 19,050
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    MartinP wrote: »
    Jeremy Corbyn has declared his admiration for Karl Marx as he insisted he wants to be elected Labour leader and ultimately Prime Minister. Mr Corbyn said he wanted to nationalise the railways and the energy companies to give voters “a real alternative” to Conservative “austerity”.

    http://www.telegraph.co.uk/news/politics/labour/11763640/Jeremy-Corbyn-Britain-can-learn-from-Karl-Marx.html

    So my question is - how much will it cost taxpayers to nationalise the railways and the energy companies? Does anyone know? This article says it may be against EU law and British Gas costing £30bn alone.

    http://www.independent.co.uk/environment/should-the-big-six-be-nationalised-8981112.html

    Clement Attlee, a so-called revered Labour prime minister, led the government that nationalised almost every essential service. At that time, those private services were generally being subsidised by the taxpayer. The post-war Labour government should have ploughed our resources, including Marshall Plan money, into resurrecting British Industry and infrastructure to give us a successful base which could then have provided for nationalisation. What they did resulted in disaster and I've no doubt they'll do it again.
  • MartinPMartinP Posts: 31,358
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    jcafcw wrote: »
    This is badly written click-bait masquerading as journalism and both you and the Daily Telegraph should be above that.

    Until nationalisation plans are firmly in the Labour manifesto than it is just speculation. There is also the fact that despite what he wants he has to convince his fellow members to accept it.

    Well that was a rather quick bit of backtracking from your earlier post. Seems that you now accept that your earlier interpretation of what he said was hogwash.

    Of course we don't know what will be in the manifesto but if Corbyn has his way it will be the nationalisation I mentioned in the OP.

    Now, how much would that cost the taxpayer?
  • plateletplatelet Posts: 26,361
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    MartinP wrote: »
    He wouldn't know about that as he's a "strict vegetarian"
    I would totally ban them from being called a pie unless it's a potato topping

    See Smudges Dad I could vote for, but a veggie - nope sorry Jeremy
  • jcafcwjcafcw Posts: 11,282
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    MartinP wrote: »
    Well that was a rather quick bit of backtracking from your earlier post. Seems that you now accept that your earlier interpretation of what he said was hogwash.

    Of course we don't know what will be in the manifesto but if Corbyn has his way it will be the nationalisation I mentioned in the OP.

    Now, how much would that cost the taxpayer?

    There is no backtracking. The Torygraph is deliberately misquoting to change his meaning and so are you. But at no point did he:

    a) claim that he was a Marxist.
    b) said nationalisation will become his official policy.

    With regards to the other question the East Coast line was running at a profit under the public sector and rail franchises can be allowed to run out and be taken back into public ownership at no cost. We already subsidise Network Rail to the tune of billions a year.

    We lose out on taxation of the foreign owned utility companies.

    What is it about Corbyn that terrifies righties so much for this much straw-clutching. That leftish politics becomes popular again and the gravy train for the greedy is curtailed?
  • CaxtonCaxton Posts: 28,881
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    Jol44 wrote: »
    Most of the public would like to see this.

    Is this fact or your own personal opinion. If it is indeed fact, please show the source.
  • SurrenderBillSurrenderBill Posts: 19,084
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    platelet wrote: »
    Where does he stand on restaurants that stick a crust on the top of stew and claim it's a pie?

    He has no idea about pie, he's from the south.
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