The failure of Privatisation Flashcards

1
Q

Job loss

A

200,000 jobs lost due to coal privatisation

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2
Q

Shareholders

A

Distribution of shares uneven: 9% unskilled male workers owned shares compared to 50% of professional males

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3
Q

Conservative principles

A

Harold Macmillan described privatisation programme as ‘selling off the family silver’
Against traditions of Conservative Party

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