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| Subject: Via Anarcho-Capitalists' Forum: The Stealth Renationalization Of Energy In The UK Sun Dec 22, 2013 9:19 pm | |
| OLIGARCHIC TAKEOVER Professor Colin Robinson, in a Dec 2013 study published by the UK Institute of Economic Affairs, argues that the energy sector in the UK has been effectively renationalized. He says the proof is that centralized energy planning is back, and this is the root cause of skyrocketing fuel and energy prices, fuel poverty, and accelerating de-industrialisation as industrialists flee the high cost of energy.
Robinson says: “For a short period, around the turn of the millennium, the UK energy market was highly competitive, offering choice to consumers and keeping prices in check”, but since that time: “governments have reverted to centralised action, importing many of the defects of discredited Soviet-style planning”. He argues the UK now has no way out of complete state-and-corporate control and takeover in the energy sector and criticizes the rearguard proposals of both the New Labour opposition leader Ed Milliband who calls for a price freeze on energy, and former Tory prime minister Sir John Major who calls for a tax on the windfall profits of big energy corporations.
More: http://www.marketoracle.co.uk/Article43680.html |
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