The Mudcat Café TM
Thread #165570 Message #3973394
Posted By: Big Al Whittle
24-Jan-19 - 08:37 PM
Thread Name: BS: Brexit #3: A futile gesture?
Subject: RE: BS: Brexit #3: A futile gesture?
its not the point, Steve. The point is that after the war, we decided we wanted full employment.,,after alll the shit people went through in rhe 1930's.
Our industries weren't the most efficient in the world, but by subsidising them - we avoided having beggars on the street, a hard drugs problem, and all the other social ills that are commonplace in tough capitalist economies like the US.
The EU forbade the subsidies as 'unfair competition'. Although they did in fact practice protectionism for their own industries.
Thatcher joyfully pounced on the this and used it to close down manufacturing industry in this country. Thus wresting political power from the Trade Unions.
THe EEC was an integral part of Thatchers plans, despite apparently badmouthing it.
In Sutton in Ashfield, Notts. They have lost mining, mining equipment manufacture, textiles, ceramics. The Eu has compensated them with an ornamental sundial. Go figure....