Posted on 05/19/2015 10:31:18 AM PDT by Lorianne
Of the industries cited, only steel and shipbuilding were ever nationalised, and the latter only for a very brief (5 year) period.
Another factor you may want to consider is the effect technology has had on basic manufacturing.
There is a steel mill near me that has been in operation for over 100 years. It used to employ over 10,000 people.
Today, it produces more steel than ever with about 700 employees.
In most manufacturing, you can produce far more with less labor due to modern technology.
Being the Guardian, they had to get in their shot at Maggie Thatcher didn’t they?
Agreed. I remember in the 1990’s the talkshow host, Chuck Harder said that if we keep going this way, Britain is our future.
My grandmother said the same thing Thomas Jefferson said where we need manufacturing to remain strong.
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