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Old 03-30-2011, 07:49 AM  
Cherry7
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Join Date: Aug 2005
Location: UK
Posts: 3,564
UK Subsidy to financial services

£47,000,000,000

This is due not to wealth production but to sell products with a AAA rating which had little or no value.

Wealth is made by humans working, and the workers that are most useful make the products we can't live without, food, building materials, clothes, porn, medicines etc...

Capitalism was found to fail at making a lot of products, housing, health service, transport, military, so these at times have to be run by the state.

A lot of products are not needed by society, cinema, art, war, space exploration and it is the choice of society to spend its surplus wealth on these products.

When a capitalist moves a factory to Poland to save money, he makes the UK economy worst but increases his profit, when lots of capitalists do it (making financial sense for themselves) they de industralise the country destroying the capacity of the pop to buy his products.

If Polish wages rise he will be in dire trouble.
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