Re: western economy failure down to crony capitalism ?
Alan Fry you make some good points but I am not against competition although key infrastructe should not be competition place and under protection of government.
World wide government interesting concept but as we seen in europe it would not work due to selfish interests.
The other side is greece little greece getting crushed by powers on vanity. in efect factions would never work together for the good economy.
In ideal world a loaf bread should not cost different price even through UK. House should be the same whether in london or newcastle its bricks and mortar.
For worldwide system the same would have to apply but it would mean sacrafices from all levels to comply. Nobody would want to lose out. We talked about the expensive britain how house market strangling country to slow death. Bet soon there compulsary house market price structure. Where millions would suddenly see there house devalued they would riot or march. They see it as investment not home they dont think there next home will be cheaper they see the loss.
What we do need is business regulations act on takeovers more ban hostile takeovers. Ban firms who prime goal buy business strip them sell them. More businesses around independant creates competition in real world less big companies the better. Business atitudes change.
I firmly think the whole mess is rescuable but it needs alot bottle from people who in position to change things.
Cameron acuses us anti business we not we anti business who anti competitive, greed mentality out there.
Prime example is the workfare why cant businesses pay for training why are businesses wanting instant trained workforce. Surely its there own future they harm by this lazy atitude. This why atitudes must change. The problem slowly come to head the demise of aprenticeships the excuse rivals nicked the best but those would steel from smaller companies. It needed regulation not destroyed.