Emeritus Prof Christopher May on Nostr: I'm with Nicholas Shaxson: 'The assumption underpinning Labour’s worldview is that ...
I'm with Nicholas Shaxson:
'The assumption underpinning Labour’s worldview is that there is a trade-off to be had between regulation & growth. But it’s the other way around, especially when it comes to tackling excessive corporate power. Make no mistake: monopolists kill innovation and they kill growth. Pandering to them is anti-business'!
Only regulatory capitalism can deal with the problems we now confront; unshackled capitalism caused them!
#business #politics
https://www.theguardian.com/commentisfree/2024/oct/15/starmer-red-tape-big-business-labour
'The assumption underpinning Labour’s worldview is that there is a trade-off to be had between regulation & growth. But it’s the other way around, especially when it comes to tackling excessive corporate power. Make no mistake: monopolists kill innovation and they kill growth. Pandering to them is anti-business'!
Only regulatory capitalism can deal with the problems we now confront; unshackled capitalism caused them!
#business #politics
https://www.theguardian.com/commentisfree/2024/oct/15/starmer-red-tape-big-business-labour