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Alexander Kurz's avatar

"So we’ve gone from a Tory government refusing to invest in the national publicly owned car company, to a Tory government heavily subsidising the private owners of one of the last surviving remnants of the company they refused to back."

Excellent point. Friedmanite neoliberal economics is still going strong. Some call it neofeudalism now.

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Kirsten's avatar

I think he's telling the truth. Car manufacturers can get paid millions by the government to open a plant, then asset strip it and sell it on to the next manufacturer who will demand massive subsidies. Sounds like a great place to set up shop (and then close or sell said shop).

Not one that I'm keen on as a taxpayer, but I may be a wee bit cynical.

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