How to make money in low margin public services: 1. Jack up prices 2. Cut the service 3. Take on huge debts to pay dividends 4. Bail out before it collapses (with your golden parachute) 5. Apologise at a select committee 6. Repeat

I love Aaron. He's very fair and careful about what he says, especially on GB News. Which is very hard.

From "are you going to take me down the nationalisation route" to "I think I'm one of the ones that want nationalisation" in less than 2 minutes. They really will say anything won't they

It's good to see people being able to admit when something doesn't work so well , even when it contradicts their beliefs .

It's amazing how a certain Mr Jeremy Corbyn is being proved right, at so many levels. Well argued Aaron.

I worked in the Glasgow water department ,years ago, and the system was being constantly repaired And improved. The control of water quality was paramount.

Return all Public services to the Public, all profits returned to the services enabling Apprenticeships, long term employment, Staff housing and self respect

If its ok for rich people to suck hundreds of billions of pounds out of the pockets of working people and break essential services in the process, then why would it not be ok for similar amounts of money to be suck back out of the possession of those millionaires to pay for fixing what they broke?

Well spoken Aaron - just the right language to explain the issue to general public viewers

Full marks to Aaron Bastani for his GB News input. PS I've forgiven him for occasionally having a dig at us old baby boomers!

Rail, water, energy... Get them all back into public ownership. They all fundamentally underpin and support our people and the economy. To have them in private, and often foreign, ownership is insane.

Total sense. Excellent analysis.

Similarly, in the USA pretty much every politician is against "socialism" but everyone supports Social Security

Any service that is a necessity for somebody to live their life, shouldn't be privatised and operated under the capitalist system. If anybody can make a profit on something "I can take it or leave it", then good on them. Tax avoidance; whether it be legal or illegal; is a massive problem in this country. As soon as you become self-employed, you enter into the system of tax avoidance. How else will an accountant make money. I'm in the PAYE system and, my self-employed friends laugh at me, for the amount of tax & NI I pay. As they live a far better lifestyle, un-yet pay a fraction of the tax & NI I do. They don't want to pay into the system and fill their pockets, un-yet when they want to use the services, they're the first ones to moan about the service they're not getting. There's massive inequality across our society.

Good work Aaron!

Aaron - thanks so much for being such an eloquent speaker, accessing substantial research - and making information so widely accessible on our behalf. Youre a true gift to the uk 😁

Great work Aaron. Its time for all the shareholders to loose their privatised UBI schemes and get onto a national UBI scheme with the rest of us.

I have been saying this for years. Time to renationalise and put service over profits.

Aaron you're such an impressive speaker for presenting facts and ideas in a way that lets people come to their own conclusions, without making them feel foolish for not knowing before.

We should not be propping up these companies with our taxes.

Aaron, Michael, Ash et al A force to be reckoned with. Intelligence, patience knowledge. ❤❤❤❤. Novara is the best. Thank you.

When you can find agreement with the populist right, then something is really starting to happen You sometimes see Bernie Sanders do this kind of thing

How could the hard right argue against Aaron's good common sense and truth anyway!?

When they privatised a public service monopoly what did they think would happen…. Ridiculous.

in 30 seconds she flipped? Does she actually believe what she says or does she just say what they think people want to hear

Part of the problem is OFWAT’s abject failure to fulfill their brief for far too long

👌Mr Bastani 👏🏻👏🏻👏🏻👍👍🌻🙏🏻🙏🏻🙏🏻

It's shocking that hardly anyone can see how privatised vital services cannot work. Except for the 1%. WATER! MY GOD! HOW TO CAPTURE THE POPULATION OF YOUR COUNTRY

When I first started working in the water industry in 1984, my particular firm was privately owned and had been for a hundred years. However it was what was termed a statutory water company. A victorian social model I think. Investors were given a fairly low, capped but almost guaranteed dividend provided there was enough profit remaining after all legal requirements, infrastructure investments, operating and maintenance costs were subtracted. Because investments were capped, there was no incentive to cut operating costs because investors would not receive greater dividends. Additionally if profits were so large that there was money left after all operating costs and dividends were paid, this would be returned to the consumer as a bill reduction. People who invested were the likes of pension funds that wanted a stable investment even though the returns were not massive. 1989 and Thatcher saw the end of this legacy business model in favour of the rampant profiteering that we have seen since.

Aaron Bastani is a very impressive human.

Aaron always gets me so fired up. Legend!

Its nice to hear proper Leftwing fighting talk finally!! Some pretty powerful sentiments at the end there!!

We also have to remember that in the period of nationalised water, investment went DOWN, under both Parties. We need MUNICIPAL ownership - locally owned and worker run enterprises. We have a pretty amazing heritage of local, municipal services in this country that ideologies of capitalism and Labourist centralisation wants to remain hidden.

I would be wary of saying you won her over. She seemed pretty combative up to the point where the guy on the other side basically agreed with you, though he didn't really agree as much as he seemed to have come into the debate with that pre-conceived talking point. It seems like she realised at that point what she was supposed to be promoting, and made a course correction to go along with the narrative. Honestly, the way the mainstream media operates is so transparent these days it's sickening. That said, good on Aaron for arguing the facts, because while the show itself was a farce, I can totally believe that you got through to some of their audience, especially when the points were reinforced by the shills that are there to preach at them.

❤👌 spot on Aaron.

Scotrail covers all of Scotland. It came back into public hands last year. I’ve never heard a bad word about it since. Previously the Dutch company Abelio had the contract, and they were constantly barracked for bad service.

Well done Aaron!!

Aaron i just love that passion. Well said., you lead we are ready to follow as we agreed

Thanx to Mick Lynch ! Everyone understands the situation of railways and sympathises, because he is there. Whose fight and public words have stopped the manipulation of the media and bul… from the tories. More like him needed a national treasure .

Good work, Aaron. 👍

The train fares are so high I no longer can afford them . I had a senior pass at the beginning ing of covid 3 year one I did not get a rebate as I was not able to use it They are not customer oriented only shareholders. Time to take them back.

Scotland nationalised it's trains in March 2022. P.R. means four parties have been part of government and the Tories haven't. Powers, time and money limited but it's better than FPTP.

She only started agreeing when the Brexit Party guy started speaking out against the state of the railway industry. She saw which way the wind was blowing and adjusted. If he'd spoken up in defence of the industry, she wouldn't have said a word against it. She was outnumbered on both flanks.

Aaron's home is beautifully decorated, so well done. The colors, everything!!

Congratulations Aaron. 🎉

Aaron is Great 👍

Keep going on GB News Aaron ❤

Well spoken, Aaron 🙏 🔥

Bastani is just too well informed, too articulate, too intelligent, too thoughtful for GB news hosts. I know that is not saying much (GB news hosts are simply brexthick) but he is.

Michelle Dewsbury speaks her mind, it's rather cynical to claim she's just after viewer approval.

Nice one Aaron. That's oracy for ya!

Aaron is such a smooth-talking bastard! The poor woman didn't stand a chance.

I wish we had a Novara media equivalent in the United States

When I was young, the highest marginal tax rate as 19/6 in the £ under a Conservative government. I would not advocate for that rate, but there should be a much higher rate on incomes of more than £1 million.

Its grate when its explained like that Excellent stuff. Privatizing in Briton has bread poverty beyond balief

Extraordinary 😮

That conversation at the GBNews studio was quite astonishing!

Well explained Aaron

Aaron Bastani Should run his own party and be PM!

Aaron is spot on , private wi always be centered on profit, weather it be a private prison or rail company. But how on earth do they keep raising prices using less staff , and still get in massive debt ????

You guys are great !

Hopefully people will remember that privatisation doesn’t always work and will not let privatisation of new inappropriate industries happen in the future

As she says in one of the GB News adverts, sometimes things come up in the debate that make her change her mind.

Bang on, Aaron. That's the vision we need as a people, hope more ears hear this.

GB news is great for hosting a wide range of views. Not sure why a lot of Novara viewers have such a dislike for the news station when they give them more of a platform to their views than any other media outlet. I am definitely not a lefty but I do like Aaron and see eye to eye with him on some things and admire his decorum when having discussions.

private companies should never be allowed into public ownership ventures i.e NHS, Rail, Water, Gas, Energy you name it and if they are there should be heavy regulation so they can't make huge profit margins for less quality of service. Service first profit last.

Thanks for the video!

The story about Boots is a textbook case of privatisation by the back door. And also goes some way to explain the way the NHS seems to waste money by design these days.

What a great analysis of the Tory ideas going wrong time after time !!!

Yes this was a great one 👏💯

Utterly true and undeniable statement, "It started with Thatcher..."

We need a clawback mechanism to return all the taxpayer's money that's been syphoned of into the pockets of these pirates and racketeers through the privatisation of public services and utilities. This needs to be a priority for the next Labour government. The country can't afford to keep haemorrhaging money as it has and the government just turn a blind eye as if it doesn't matter.

Superb from Aaron

profit is good! Briliant insight. Thank you for sharing.

I've never heard so much sense spoken, Britain is broken and it started with Thatcher!

One point that deserves to be hammered home is that markets only work when there's competition. Railway companies are just a series of state-granted local(ish) monopolies.

Aaron's home decor is delightful

I live in a rural area, and relatively regularly we have water outages and power cuts that can last up to 7 days. For a water outages you get a maximum compensation in one year of £25. These water outages, stop you being able to cook, wash, drink and flush the toilet. The roads are practically un-drivable due to potholes and the trains constantly delayed. There have been reports of massive sewage leaks into seas and waterways. The basic infrastructure in this country is crumbling, literally.

All essential services must and have to be State owned Energy, water, transportation and communication. Nobody would minds small increases of fees if they know that the money will be used to improve infrastructure and not to line individuals pockets.

If the water companies are nationalised then any debts owned by those companies should be the responsibility of the shareholders and the lenders, when water was privatised the water companies were sold at a massive discount , they were purchased for 30% of their true value and sold totally debt free. They are a national disaster, here in Wadhurst recently we have had 3 days without water, and some residents locally have had intermitent supply for up to 28 days. The problem was so bad a public meeting was organised this last Thursday with the CEO of South East Water and 2 more of their high ranking employees, as you can imagine the locals were furious about the lame excuses we were given by the SEW representatives, the usual promises of we must do better and profuse apologies went over the audiences heads because when you can't shower, wash your dirty laundry and flush your toilets for days on end it just isn't funny and I don't think they (SEW) got it !!

I’m for nationalisation of Water, and Railways

Thanks!

Just to note how he mentioned conservative patriots, like you can only be patriotic if you vote Tory. Blatant propaganda in plain sight but it's always little by little do many don't notice

Bravo Aaron and Novara Media more widely - simple, common sense thinking based on facts rather than emotions.

Privatisation can only ever work if there are no shareholders involved (limited by guarantee companies). Utilities and public services should not be at the mercy of shareholders.

We need a new deal! Imagine the shock and probably recession the public would face if government actually bailed out/propped up all the failing industries, privately owned, that are vital for a well functioning society. Public coffers would be decimated and the disgrace of private ownership would be manifest. WE NEED A NEW DEAL.

Its so easy as to why something should publicly owned or private is simple. 1. Will there be real competition for the service? 2. Can the service be allowed fail and go bust. If the answer is no to either then it should be in public ownership.

PREACH BASTANI, PREACH! 🔥🔥🔥

Its not the government that is propping up the industry... its us. Our money going to the shareholders whether we use this service or not.

she is fit can we have more of her please

Great work

Well done Aaron you nailed it , but why wouldn’t you you speak the truth

Bravo !

Seems like a handily relatable argument against privatising the NHS too. Would you want hospitals ran like the trains, buses, water, energy companies or Royal Mail?

Minimum requirement for a presenter on a news programme is surely stringing a fluent sentence together

What a great episode-

Go on yersel Aaron ✊️

The presenter says"...trying to create efficiencies...." Now then, when the Utilities, and the railways were privatised, my baby son was toddling along, and we were told that competition through privatisation kept prices down, and brought about efficiency. My baby son is now 6 feet one inch tall and 38 years old. I think Ms Dewberry and I mean different things when we say "efficiencies". Credit to her for (I'm serious) for acknowledging her change of position.

I expected her to say, 'What does latter mean?'

Pretty much every goverment inquiry into the privatisation of the rail network (Both Labor and Conservative Governments) have concluded that it has failed to create the "efficiencies" that it was meant to....and then recommended to allow it to be privatised going forward in the hope that one day it will work. Madness.