Earlier quoted context omitted.
Yes, because government run institutions like the Army and the NHS don't work, do they?
Aren't NHS medical workers in a constant state of protest over low wages and bad working conditions? I know the doctor/nurse brain drain from Canada and the UK to the US used to be really bad. I haven't seen what the statistics are recently. [0] https://www.marketplace.org/story/2024/02/19/uk-nhs-doctor-s...
British Steel taken into public ownership to protect 'vital' UK supply
41–50 of 314 posts
Re: British Steel taken into public ownership to protect 'vital' UK supply
#42This reminded me of an article in The Economist published last year, April 2025: "Zombie politics: how Dead Man dominates British politics"[1] Two prescient paragraphs related to today's news: If British politicians worship voters who are no longer among the living, it is natural that they do the same to a version of the British economy that has long departed. “There are people in this country who love to talk down o…
Re: British Steel taken into public ownership to protect 'vital' UK supply
#43> In March, the National Audit Office released a report noting that the Scunthorpe steelworks was costing the government about £1.3m a day. No, BBC, the government doesn't have money. It costs the net taxpayer that much a day.
Re: British Steel taken into public ownership to protect 'vital' UK supply
#44It's probably not a bad idea. Steel is one of the things that an industrialized country needs to produce to protect its own sovereignty. Letting it shut down and just hope you'll always be able to import enough steel from other countries is a bad long-term strategy. You'd be left unable to fend for yourself.
You can make this same argument about a great number of things. Why is steel any more critical than food or vaccines or the like? Indeed we got caught short of vaccines recently, and had some nontrivial consideration of running a military op against NATO member over it.
Vaccines is a more interesting one, and would be something that might indeed be of interest to a nation. On the other hand I don't think many governments are that concerned about another pandemic, sometimes the discourse regarding it very much sounds like "what are the odds it'll happen again"
Re: British Steel taken into public ownership to protect 'vital' UK supply
#45The government is forced to sell steel at a loss, because all the buyers for whom this is a such a vital supply would otherwise buy cheaper imported steel, every single one of them . And ultimately all the ore and coke used to make the steel are imported anyway.
Re: British Steel taken into public ownership to protect 'vital' UK supply
#46This reminded me of an article in The Economist published last year, April 2025: "Zombie politics: how Dead Man dominates British politics"[1] Two prescient paragraphs related to today's news: If British politicians worship voters who are no longer among the living, it is natural that they do the same to a version of the British economy that has long departed. “There are people in this country who love to talk down o…
This sounds good until you run out of steel and out of sellers as well
Re: British Steel taken into public ownership to protect 'vital' UK supply
#47Earlier quoted context omitted.
This bonmot sounded cool and fun years ago, but not anymore. It is actually OK and desirable for governments to help, to organize and to lead toward positive outcome. Governments should do more then just pay military, prisons and police. Deliberate destruction and expectation of nothing positive from the governments already caused enough damage.
It never sounded cool and fun. It was government acknowledging its own limitations. Governments don't perform better if we all cheer them on. Right now a government (Russia's) is waging war on a country. Last century governments caused untold death in socialist countries (Venezuela, China, USSR) because they were trying to organise centrally.
Re: British Steel taken into public ownership to protect 'vital' UK supply
#48Earlier quoted context omitted.
Good. The BBC is no longer the shining beacon of objective reporting it once was. Let it die and be replaced by something better.
If everybody thinks you’re biased, you’re probably not biased at all.
Re: British Steel taken into public ownership to protect 'vital' UK supply
#49Earlier quoted context omitted.
Good. The BBC is no longer the shining beacon of objective reporting it once was. Let it die and be replaced by something better.
Presumably you get your news content from Rupert Murdoch, the Daily Mail and UK News?
People say that it's subject to complaints of bias from both sides of the spectrum, but I've yet to see comparable concrete pro-left examples.
Re: British Steel taken into public ownership to protect 'vital' UK supply
#50It's probably not a bad idea. Steel is one of the things that an industrialized country needs to produce to protect its own sovereignty. Letting it shut down and just hope you'll always be able to import enough steel from other countries is a bad long-term strategy. You'd be left unable to fend for yourself.
You can make this same argument about a great number of things. Why is steel any more critical than food or vaccines or the like? Indeed we got caught short of vaccines recently, and had some nontrivial consideration of running a military op against NATO member over it.