What are the benefits of Nationalization versus Privatization?

The Labour Party and the Conservatives are at odds with each other this election over the benefit of nationalisation verses privatisation. The broad lesson of the great privatisation experiment is that it has worked well when competition has been unleashed, but less well when a government-run business has been replaced by a government-regulated monopoly.Become a supporter of this podcast: https://www.spreaker.com/podcast/mark-and-pete--1245374/support.Supporters get updates on new projects and hot takes on the latest news plus Mark and Pete Extra  in depth commentary episodes and Mark and Pete vs AI  comedy episodes. All right here in this podcast feed.  Thank you for your support, welcome to the community.