Can you give some examples, please? I’d like to explore your position a bit but have nowhere to start.
Google will help.
Can you give some examples, please? I’d like to explore your position a bit but have nowhere to start.
Looks like sensible grown up politics to me. Or corporate PR same thing I suppose.It gets worse:
https://www.theguardian.com/comment...-how-capitalism-must-work-for-the-common-good
To recap:
1. Leaked email from the CEO of a privatised water company rallies her fellow CEOs to discuss how to avoid nationalisation - by signing up to the idea of "social purpose".
2. She tells her fellow CEOs that Observer columnist Will Hutton (who has contacts in the Labour Party) will facilitate this discussion.
3. She also mentions that the Labour leadership is aware of this initiative and has asked for it to be treated with utmost secrecy.
4. Evening Standard publishes the story - rightly so, as it looks like a pretty big deal to me.
5. The Guardian publishes a sanitised version of the same story.
6. The Observer publishes a column by Will Hutton arguing that nationalisation is not a priority, with some warm fuzzy words about "social purpose".
7. In the same column, Hutoon assures us that this is not a "fig leaf", oh no, heaven forfend!
What the hell is wrong with The Guardian/Observer (and the Labour Party)?
Seriously, can you believe these ****ers?!
If we really want social, economic and environmental justice, we need a new economic model in which government spending is explicitly purposed as a public utility, not a private one. One driven by moral ends, not as now, amoral ends. One based on science, not a quasi religious belief in an invisible hand
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What the hell is wrong with The Guardian/Observer (and the Labour Party)?
Seriously, can you believe these ****ers?!
LOL, let's assume I don't want to do your Googling for you, shall we?Google will help.
Oh no it won’t.Google will help.
FWIW I've just found a recording I made in 2012 of Paul Mason interviewing Steve Keen on BBC R4. Makes an interesting listen in the current context as he essentially predicts where we are now! Alas it probably isn't available now unless someone has snuck a copy onto YT or similar?
The crisis at Thames Water could deter overseas investment into the UK, ministers and industry figures have warned, ...
https://www.ft.com/content/24d49c0a-3abe-4b87-abf5-d0684bee87be
Just stumbled across this, The Dead Parrot of Mainstream Economics by Steve Keen which you might be interested inFWIW I've just found a recording I made in 2012 of Paul Mason interviewing Steve Keen on BBC R4. Makes an interesting listen in the current context as he essentially predicts where we are now! Alas it probably isn't available now unless someone has snuck a copy onto YT or similar?
Well, (pun alert!) perhaps we're better off *NOT* having 'investors' who only want to do so on the basis that it loads someone else with huge debts. And then get away with it leaving us with a mega-mess as it fails to provide what it was set up to deliver to its clients and damages our country.
In other contexts this would be at minimum called 'theft'.
https://www.theguardian.com/environ...c-anger-could-finally-sink-uk-water-companies
What the actual ****. They borrowed money to pay dividends and bonuses. Not from profits, but BORROWED money! What sort of business model is that? Absolute madness. I cannot believe this happened in a country that supposedly has functioning government and business regulation.
But it did.
WTF were the regulators doing?
That is standard business practice now - buy a company , load it with debt and asset strip it. What-his-name Phillip Green? did that to Debenhams was it - sold its stores then rented them back and ran the store to the ground loaded with debt before "disposing" of it.