Nationalisation brought this country to its knees Cem.We couldnt even get our dead buried or rubbish bins emptied in the late 70,s.
The Government didnt try to cut miners wages btw.The miners (and all the other nationalised industries) constantly went on strike for almost no reason whatsoever.Their annual wage rise demands were usually in the region of 20% - 30% which caused hyperinflation and resulted in the British Chancellor going cap in hand to the IMF because the country was bankrupt.
Albs, workers never go on strike for no apparent reason.. who is going to risk their job and wage if its the only way they buy food..
please dont tell me the good old British Empire is communist 
This country became perilously close to becoming a communist country in the 70,s Cem.The Unions were so powerful that the PM was very frightened of them and famously invited them to Downing street for beer and sandwiches to try to reason with them.
They made ludicrous demands and if they werent met they would go on strike and until the demands were met.Unions had plenty of money and used to pay memebrs strike pay,which was enough to keep them going until the 30% wage demand was met.
A union shop steward simply needed to walk through the factory,whistle,point to the door,and the workforce would fall into line behind him and walk out without even being given a reason why they were doing it.
It brought the country to its knees and if it hadnt been for hard nosed Thatcher fighing and winning a war against them the UK would have been a third world country by now.
The agenda was to overthrow capitalism and replace it with Marxism and it almost succeeded.
All the while of course,the Union barons lived in large houses with chaufeur driven cars and had enormous salaries and pensions.
Meet the new boss,the same as the old boss*

* from "wont get fooled again" by The Who.