Back to British Rail?

Difficult to understand how anyone old enough - as Jeremy Corbyn is - to remember when the railways were nationalised, would want to go back to that system.  Not that privatisation has been an unqualified success, but it's certainly an improvement, if only marginally, on what went before. The problem with nationalisation is that when you take something into public ownership so that theoretically it belongs to all of us, the reality is that everybody leaves worrying about the running of it to everybody else (or more accurately, to the government, who have usually more pressing things on their mind) with the result that nothing much gets done and whatever it is just bumbles along in the most inefficient way - at least with privatisation, there are shareholders with a vested financial interest to kick up a fuss if things are not going well.