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punk rebel ecks posted:Nationalization of many key industries severely underperformed. The country was way behind in innovation. And taxes were insanely high. Essentially the country was a basketcase and the privatizations Thatcher did, while some going too far, were mostly necessary. Privatisations by British governments are driven by two factors: 1. Neo-liberal ideology (e: there's a filter on n30-liberal, great) 2. Government ministers' desire to do their mates in the financial sector a favour (by selling them the country's assets, usually at an insanely low price) The idea that they do it to help normal people is laughable, as the poo poo results suggest.
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Mar 23, 2016 23:52
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| # ¿ May 17, 2024 15:07 |
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