Every Quote by John McDonnell
“New Labour has deregulated, liberalised and privatised - but every time the private sector fails it is the taxpayer who pays.”
About This Quote
Source Speech: Labour Party Conference, 2017
Privatization shifts risk to taxpayers when private failures occur.
In simple terms: Public pays for private failures.
Demand stronger private sector accountability.
Themes
Mood
Type
When to use this quote
- budget planning
- infrastructure
- social welfare
Key Concepts
Questions to Reflect On
- How can taxpayers be protected?
- What reforms ensure accountability?
Regulation can mitigate risk.