US EditionTrain Accidents, Dilapidated Infrastructure and Exploding Costs: Great Britain Renationalises Railway Lines
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The privatization of British Rail symbolizes the legacy of radical neoliberalism under Prime Minister Margaret Thatcher: sold, fragmented, expensive, inefficient, and so dilapidated that the social democratic Labour government decided to renationalize the railways. After the breakup of British Rail in the 1990s, the private operators paid themselves large dividends [...] The article "Train crashes, dilapidated infrastructure, and skyrocketing co…
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