Lyrics & Knowledge Personal Pages Record Shop Auction Links Radio & Media Kids Membership Help
The Mudcat Cafesj



User Name Thread Name Subject Posted
mandotim BS: Spending Cuts UK - The Thread (249* d) RE: BS: Spending Cuts UK - The Thread 25 Oct 10


It seems your only response to careful, informed argument in ridicule and abuse, Ringer. I'm sad that that is the case, but hope that you feel able to read around the subject a little more. I recommended 'The State We're In' as a first reference, but you might also want to read 'The New Industrial State' by that arch-capitalist J.K. Galbraith. It's an old book, but he effectively foreshadows the current problem; that in an era of global corporations and unfettered movement of capital, the actions of elected governments can be rendered irrelevant. This has been demonstrated several times; I for one did not blame Norman Lamont for his financial crisis; that was engineered by George Soros and his cronies in the world of currency speculation, and there was little or nothing the UK government could do. In the same way, what happened recently in America was governed by American regulation, and there is nothing to stop banks worldwide from dabbling in deregulated markets where there is a dollar to be made. It's hard to see how one government alone can act to prevent this kind of thing if the corporations are free to go elsewhere and carry on.
You have a touching faith in the ability of elected governments to control things; if you were Gordon Brown, what would you have done?


Post to this Thread -

Back to the Main Forum Page

By clicking on the User Name, you will requery the forum for that user. You will see everything that he or she has posted with that Mudcat name.

By clicking on the Thread Name, you will be sent to the Forum on that thread as if you selected it from the main Mudcat Forum page.
   * Click on the linked number with * to view the thread split into pages (click "d" for chronologically descending).

By clicking on the Subject, you will also go to the thread as if you selected it from the original Forum page, but also go directly to that particular message.

By clicking on the Date (Posted), you will dig out every message posted that day.

Try it all, you will see.