Welcome to the briefing room with me, David Oronovich. The idea is you and I enter the room together, charts and maps on the walls, and get the issues of the day explained to us in the clearest terms by people who know what they're talking about. And whether we clarify the question or muddy the water, please let us know what you think by writing a review or rating us on iTunes or your podcast provider.

And recent reviewers, Mel Fasca, Plymouth's Finest and alone at Christmas have done just that.

Join them and I'll read out your handle too.

This week we're asking, are Labour's plans for nationalising industries like water and rail feasible?

And what would the process be for implementing them?

And if you enjoy this podcast, you might want to download other editions of the briefing room.

In recent podcasts, we've covered the process of organising referendums,

Britain's housing crisis and the economy in Greece.

Thank you. Britain's housing crisis and the economy in Greece.

Some listeners may remember this.

Governments aren't good at running business.

They're not businessmen.

It's not for them to run these businesses,

and therefore I think it's far better for them to be privatised. Those that have been privatised have been far more successful.

They've done extremely well, done very well for their employees, and many of them taken on more jobs.

30 years on, though, someone's planning a reversal.

We're going to extend the economic democracy even further in this country.

How?

By bringing water, energy, royal mail, rail back into public ownership again.

Shadow Chancellor John MacDonald there speaking at Labour's conference in Liverpool this week

and setting out plans to nationalise a large range of industries that previous governments had sold off.

But how easy is this to do? And what might be the consequences?

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