andyl

Any advocates of free market capitalism out there?! If so, what's your take on this?

Since we no longer make anything any more (thanks Mrs T!) we are very much a service economy. Unfortunately the growth in technology now means labour is just a commodity in the global marketplace just like beans are on competing supermarkets' shelves. Companies will simply gravitate to the lowest cost option. I have every sympathy with staff at NTL and elsewhere where jobs are haemorrhaging abroad but none of us are innocent bystanders in all this. We are all complicit because we all, willingly/knowingly or not, take advantage of globalisation be it through cheap bananas in the supermarket, cheap electronic goods from China/Taiwan etc. People do nit buy British, they buy cheapest,

We can't have it both ways.