Gray on Cameron

John Gray on┬áCameron the neo-Georgian Prime Minister…

“What is emerging isn’t exactly Thatcherite, or neoliberal. Instead, it is a variety of mercantilism, with government not retreating from the marketplace but actively reshaping it so that it better serves the interests of trade and wealth accumulation. The current push to expand Britain’s economic links with China shows Osborne and Cameron using the power of government to guide the market in a way that would horrify any disciple of Milton Friedman. Strangely, this neo-mercantilism goes with a remarkably sunny attitude towards globalisation. It is hard to envision Margaret Thatcher being happy with the role of Chinese money and expertise in Britain’s strategically sensitive nuclear industry.”

mdi-timer October 22 2015 @ 15:49 mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-printer
Home Page Next Quote

Comments are closed