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  Brian - no, it was a protected industry producing expensive coal, way above the market price (hence your correct comment about cheap Polish coal). Those industries forced to rely of that expensive coal were then themselves less competitive, a viscious cycle.
  
  Howard - real public ownership is through the ownership of shares by the public either directly or through collective investments such as pensions and ISAs. they will then beneefit directly from the profits made and success of the businesses in which they invest.
  
  The public dont benefit by the State ownng ineffficient and heavily loss making industry. It just costs them tax money that would be better spent on defence, health or education. Governments have no place owning businesses.

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