Reposted by @northessexnotes.bsky.social
‘Britain has private ownership while making the state responsible for planning via subsidies. The result is a zombie system, a muddled and dysfunctional hybrid of state and market, with the benefits of neither and the costs of both.’
Arthur Downing on the energy crisis
www.lrb.co.uk/the-paper/v4...
lrb.co.uk
Arthur Downing · Asset Sweating: Britain’s Energy Crisis
Britain has private ownership while making the state responsible for planning via subsidies. The result is a zombie...