Thought for the Week: Monopolies provide no answers

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Gavin Oldham

Thought for the Week: Monopolies provide no answers

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Monopolies provide no answers
Abolition of NHS England reverses the de-politicisation of the health service, but it leaves intact all the inefficiencies of being a monopoly: thereby rendering people complacent and satisfied with mediocrity, unless they're moved by the Florence Nightingale mindset. Competition enables progress, efficient delivery and innovation, but most of all it respects individuals as customers, not simply treating them as account numbers. No wonder that the Competition & Markets Authority encourages government to use competition effectively on behalf of consumers. Background music: 'Hopeful Freedom' by Asher Fulero

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Topics: UK (in Politics); Family Finance (in Personal Finance)


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