Thought for the Week: Monopolies are not the answer

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  • Thought for the Week: Monopolies are not the answer - 17 Jul 23
Gavin Oldham

Thought for the Week: Monopolies are not the answer

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Monopolies are not the answer
With aggregate annual licence fee income of £3.7 billion, a degree of self-interest and parochialism which permeates its coverage, and swiftly-reducing interest from young people, the BBC's 100th anniversary poses more questions than answers. Meanwhile the National Health Service, celebrating its 75th anniversary, spends over £158 billion a year in England alone: but still struggles with record waiting times and dismal GP service to patients — yet more evidence of the dysfunctionality of quango monopolies. Background music: 'The New Order' by Aaron Kenny

Published:

Topics: UK (in Economics)


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