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There is an interesting question about the modern Tory party. If they are the party of capitalism then which capitalist interests do they represent? You might a
by klelatti 5y ago
There is an interesting question about the modern Tory party. If they are the party of capitalism then which capitalist interests do they represent? You might answer British but Britain has lost a very large number of its 'national champions'; they have either gone completely or are owned by multinationals. Think of ICI, the City, the motor industry. Think of Arm in the tech sector.
Nature abhors a vacuum and into that vacuum has rushed a new class of capitalists who, often unfettered by governance constraints at publicly traded companies, seem prepared to indulge in the 'sleazy' practices we see here.
Which is not to excuse what we are seeing. Just to highlight how much the Tory party has changed.
David Edgerton is really good on this.
https://www.newstatesman.com/politics/2019/11/how-britain-was-sold https://www.newstatesman.com/politics/2019/11/how-britain-wa...