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Why we want more rich people

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    #21
    The U.K. is a bastardization of Capitalism and Socialism caused by the constant seesaw of governments (Tory, Labour).

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      #22
      Originally posted by proggy View Post
      The U.K. is a bastardization of Capitalism and Socialism caused by the constant seesaw of governments (Tory, Labour).
      It would be nice (maybe) if governments had half the power ascribed to them. To listen to some people, the country is always totally ruined by one party, saved by another. Of course this is just bollocks spouted by people with no grip on reality.

      We've got a mixed economy with a fair degree of consensus - each party introduces a few headline-grabbing spiteful "reforms" to get up the nose of the other lot, but nothing much actually changes - meanwhile all the "rules" are set by more powerful nations and multi-national corporations.

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        #23
        Originally posted by proggy View Post
        The U.K. is a bastardization of Capitalism and Socialism caused by the constant seesaw of governments (Tory, Labour).
        And all the better for it except that those entrusted with redistributing wealth (you know who you are) prefer to use it to enrich themselves.
        Let us not forget EU open doors immigration benefits IT contractors more than anyone

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          #24
          Originally posted by AtW View Post
          That's the dead end of capitalism road anyway, old chap.
          Yes maybe Marx was right.

          Looking at succesful economies round the world (who have no natural resources): Germany, S. Korea, Taiwan, Singapore - not one has got where it is by relying on the free market. Instead government has taken an active role in shaping the economy.
          In the UK this approach is discredited, because it didn't work when it was tried.
          But perhaps it was tried by the wrong people: Oxbridge humanities grads rather than technocrats.
          Hard Brexit now!
          #prayfornodeal

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            #25
            Originally posted by sasguru View Post
            Yes maybe Marx was right.

            Looking at succesful economies round the world (who have no natural resources): Germany, S. Korea, Taiwan, Singapore - not one has got where it is by relying on the free market. Instead government has taken an active role in shaping the economy.
            In the UK this approach is discredited, because it didn't work when it was tried.
            But perhaps it was tried by the wrong people: Oxbridge humanities grads rather than technocrats.
            But if we tried it today, would the right people be in charge this time? Sadly I doubt it.

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              #26
              Originally posted by proggy View Post
              The U.K. is a bastardization of Capitalism and Socialism caused by the constant seesaw of governments (Tory, Labour).

              Since Blair its mainly been about cronyism.
              McCoy: "Medical men are trained in logic."
              Spock: "Trained? Judging from you, I would have guessed it was trial and error."

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