Quote:
Originally Posted by zinglebarb
we are either capitalists or not . Would this not be seen as a step towards communism? obviously I think the excessive profit should really be cut and bills made more reasonable however as a society we are programmed from birth to be capitalist and that is basically be greedy make make make
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Actually, traditionally, the UK Economy has been a mix of both. The Government providing things we needed (energy, communications, transport) through nationalised industries, capitalism providing whatever they found profitable (most of the above, and everything else).
The problems have appeared because the government have sold off most of the nationalised industries to shareholders, and haven't placed adequate controls on the companies sold.