Monday, Dec 28, 2009

Britain was once known as ‘The Workshop of the World'.

The First Post: Open up the factories and get Britain moving again

Britain, since the election of Margaret Thatcher in 1979, has been a country where manufacturing industry - and a diverse, mixed economy, has been sacrificed at the altar of free market dogma. We have allowed important industries to close, or be sold overseas - mistakenly pinning our hopes on a burgeoning financial services sector fuelling long-term economic growth
What is needed for Britain to achieve long-term sustainable growth is for the Labour Party to once again put industry first and end its disastrous 12-year love-in with the City.

Posted by devo @ 11:04 PM (1017 views)
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7 Comments

1. This comment has been removed as it was found to be in breach of our Blog Policies.

 

2. Panda said...

Careful. This is seditious talk.

Tuesday, December 29, 2009 02:52AM Report Comment
 

3. hpwatcher said...

and to do exactly what?

Moreover, the UK worker can't possibly compete with workers from other parts of the world......their massive mortgages have completely priced them out.

Tuesday, December 29, 2009 07:49AM Report Comment
 

4. inbreda said...

Yup - it's a grand idea, but it's a little bit too late. Like - a lifetime too late. It's broken. It aint never coming back. Pinning your hopes on this government and a quick return to manufacturing is a tad rose tinted.

Tuesday, December 29, 2009 09:16AM Report Comment
 

5. Dbc Reed said...

@hpwatcher Abso-bloody-lutely.As a staunch land-taxer I am always amazed that other land taxers don't hammer home the point that the average British worker starts off with a debt of 100 thousand on his/her back just for a plot of land /the right to reside in one's own country.And then there's university debts (doubled if two student s shack up together), plus interest payments on mortgages which add God knows what..
I am all for individualism and could even contemplate the dog-eat-dog Monopoly society wher at least in the board game everybody starts on a level of equality but in the real-life game of Monopoly some do not get to sit at the board at all while the rich are stuffed with money.A pity Elizabeth Magie Philips who invented the basics of the game as land tax teaching-aid could not have been so honest as the game would have been unplayable.
Of course if workers were as in the nineteen thirties to journey to find work in London from distressed areas they would have to take on 200/300 thousand just for a roof over the family's head.
If you look up "indentured labour" on the Net, the system that replaced slavery and filled the West Indies with Indians and Chinese (that have never got on with the Afro-Caribbeans since),this seems to have been based on the same principle: that you worked a set number of years and were rewarded with "freedom dues" which enabled you to buy a small piece of land back home or you were given land in the new country.The main difference was that the indentured contract only lasted seven years max.

Tuesday, December 29, 2009 10:25AM Report Comment
 

6. mander said...

Onl if we have a technological advantage e.g Dyson (even these are made in China but the technology is British)

Tuesday, December 29, 2009 10:58AM Report Comment
 

7. Mr G said...

"In the 1960s the Labour government's pro-manufacturing policies"

Rubbish! A lot manufacturing firms went out of business between 1964 and 1970 but we choose to overlook that fact as it was the two faced fellow Yorkshireman, Wilson's government and not a Tory one.

Tuesday, December 29, 2009 06:47PM Report Comment
 

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