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My own view is that government's role is to control the legislative and fiscal environment in which the market functions. If it wants to change the way the market works, then they have to change the environment accordingly.

The problem, particualrly for labour administrations, is that they want to intervene directly. And they are spectacularly bad at running things.

It was Thatcher who first abdicated responsibility for governing the country economically, blair and brown simply perpetuated the abandonment of duty

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Sun Jul 12th, 2009 at 12:31:22 PM EST
[ Parent ]
It's a puzzle, though, why in Britain neither the direct state intervention and restructuring that you sometimes see in France nor the closer cooperation between state and industry that you can associate with the German model works.
by nanne (zwaerdenmaecker@gmail.com) on Sun Jul 12th, 2009 at 02:03:30 PM EST
[ Parent ]
The essence of the Anglo model is looking out for Number One. If you take that attitude and turn it into militant unionism, it's almost - but not quite - as nasty as straight out City thievery.

The UK does have a saner union and left wing tradition, but the old shop floor naturally selected for bully boy types. When put up against the emotionally handicapped public school victims in management, adversarial relationships were inevitable.

Thatcher eliminated the bully boys and gave the managers free reign. But the problem isn't so much with any particular class, as an overall culture of competitive selfishness and lack of generosity.

You won't get interdependence and cooperation from people who find the idea of interdependence personally offensive.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Sun Jul 12th, 2009 at 06:10:59 PM EST
[ Parent ]

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