In the first part of this blog (July 13, 2016) – Brexit signals that a new policy paradigm is required including re-nationalisation – I suggested that re-nationalisation of certain sectors has to return as a key industry policy plank for any aspiring progressive political party.
Bill Mitchell – billy blog
The case for re-nationalisation – Part 2
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
1 comment:
Good article. And the millions of workers laid off in the privatisations had a knock on effect where often small and medium sized businesses suffered as their customers dried up.
Many of the owners of those businesses were card carrying Conservatives but they didn't understand politics or economics. So they were complete mugs do keep voting for conservative parties.
There's a sweet spot between capitalism and socialism where society works at its best. How did we end up with all this looting instead?
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