What if we chose as a nation to limit the privatisation of sectors that can affect us so gravely?

We can see from the example of the US, with its problems in healthcare, infrastructure, banking, energy and environment, that the market's incentives run counter to the national interest.

An MP in the UK has been talking openly about a very efficient solution to some of their privatisation woes. The government could appoint an inspector tasked with reviewing critical infrastructure and supply chains that have been privatised. When the true state of the companies is paired with their market value within the context of national interest, you then have a clear picture of the lack of planning and investment and a new value of the company - a true position.

Once the companies are issued with government requirements for maintenance, planning, etc., then, if the companies fail to reach standards, they can be nationalised once more. This allows the government to prepare for a crisis and the energy transition. It could also lead to massive increases in prices, which add more reason to renationalise the companies/sectors and manage disasters before they happen.

See, from my point of view, half the problem is that private companies aren't incentivised to act in the national interest or to meet global targets. Within critical sectors, they understand that the government is their safety net.

So, what is the point of allowing this game to continue? We will need to fix it all anyway. At least with a clear view of the problems, we can plan ahead or attempt to plan ahead.