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Coalition Tories say Brits are all lazy sods

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Comments

  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Generali wrote: »
    Destroyed by mismanagement by Civil Servants for the most part :mad:.

    Marginal cost pricing coupled with massive under-capitalization pretty much guaranteed the death of the Nationalized Industries.

    So what have civil servants got to do with the free market now managing these industries?
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • A._Badger
    A._Badger Posts: 5,881 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    StevieJ wrote: »
    So what have civil servants got to do with the free market now managing these industries?

    Aren't they our so wonderfully successful 'regulators'?

    You know, those shining geniuses at Ofcom and Ofgem?
  • A._Badger
    A._Badger Posts: 5,881 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Generali wrote: »
    Destroyed by mismanagement by Civil Servants for the most part :mad:.

    Marginal cost pricing coupled with massive under-capitalization pretty much guaranteed the death of the Nationalized Industries.

    Coupled with Soviet style inefficiency and intransigent workforces prone to striking at the drop of a 'vote Labour' leaflet.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    A._Badger wrote: »
    Coupled with Soviet style inefficiency and intransigent workforces prone to striking at the drop of a 'vote Labour' leaflet.

    And now we have a totally compliant workforce and little industry, mmmm.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • A._Badger
    A._Badger Posts: 5,881 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    StevieJ wrote: »
    And now we have a totally compliant workforce and little industry, mmmm.

    Tell that to the happy bunnies at Nissan Sunderland.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    StevieJ wrote: »
    So what have civil servants got to do with the free market now managing these industries?

    As most of the worst excesses of Nationalisation were undone by 1990, I would imagine most of the Civil Servants in charge would be retired.

    The main thing on privatization is that companies could be run for economic rather than political ends. Factories don't have to be kep open to keep Trade Union political dues flowing, they stay open because they are sustainable, ie they make a profit.

    To see what happens when politics try to trump economics see debacles such as the return to the Gold Standard, the ERM, the Euro and the Gulag.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Generali wrote: »

    To see what happens when politics try to trump economics see debacles such as the return to the Gold Standard, the ERM, the Euro and the Gulag.

    See China ;)
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    StevieJ wrote: »
    See China ;)

    Well indeed. GDP/head < $10,000/person/year. Massive rural poverty. Huge repression required to keep the population subdued and subservient.

    Politics is pushing the economics and the economy is growing fast for now however in many industries companies are surviving on wafer thin margins and heavily subsidised lending by diktat.

    http://www.youtube.com/watch?v=TnfKmNRfLYU (SFW)
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