Reply to post: Re: Is their hardware history better or worse than their software history?

UK getting ready to go it alone on Galileo

45RPM Silver badge

Re: Is their hardware history better or worse than their software history?

@anothercynic

Of course. What I said doesn’t preclude the possibility that some Thatcherite policies were worthwhile, and nor does it preclude the possibility that other businesses folded / were bought before her either. However, post Thatcher there was a demonstrable increase in the number of businesses failing / leaving British or European control.

That said, I would argue that some of her banking reforms were necessary, and that it was essential to weaken the unions somewhat (although it would have been an act of vandalism to destroy them utterly) - as with so many things, balance is required. A bit of Union, a bit of government, a bit of socialism, a bit of capitalism, a bit of left, a bit of right.

It was vandalism to permit so many British businesses go to the wall / be sold off, to reform finance to the point where greed became more desirable than solid investment.

Similarly, it’s an act of vandalism to leave the EU now - rejoining will not be so easy. Regaining the squandered trust may be impossible.

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