this post was submitted on 09 Oct 2023
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UK Politics

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The shadow business secretary Jonathan Reynolds told the BBC: "We're not going to nationalise the energy system."

Asked if they would follow the vote, he said: "No."

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[–] [email protected] 19 points 1 year ago* (last edited 1 year ago) (1 children)

Democracy in name only.

Crazy how when it was about leaving the EU the decision of the voters couldn't be infringed, but when nationalizing property rental and energy all the sudden it doesn't even matter.

[–] [email protected] 10 points 1 year ago (2 children)

One was a national vote, the other is a vote by party members.

I'm sure you can see the difference.

[–] [email protected] 6 points 1 year ago (1 children)

Are you insinuating that the Labour party membership is in fact not the entire population of the UK? Eh?!

[–] [email protected] 3 points 1 year ago (1 children)

Incredible as it may seem, I have evidence to suggest that that is not the case.

[–] [email protected] 3 points 1 year ago

Well blow me down! The internet has lied to me.

[–] [email protected] 1 points 1 year ago (1 children)

Labour isn't currently in power; surely they would put 'nationalising energy supply' on their manifesto, to be equivalent.

[–] [email protected] 1 points 1 year ago (2 children)

It depends on if you want them to win the next election or not I guess?

It's not that I'm unsympathetic to the idea of some sort of public provision of energy supply but if you have the cash to borrow to buy up the entire energy generation sector I can find capital projects that will get you much more bang for your buck.

[–] [email protected] 4 points 1 year ago

The point of nationalised services isn't to make a profit. Considering that everyone is paying huge amounts more than they used to for power as they're struggling to get by whilst the companies make record profits, I'd be surprised if it wasn't a popular policy.

[–] [email protected] 2 points 1 year ago

“move towards a more nationalised public energy supply” sounds like a totally reasonable nothingburger message