Rightly, I can rely on a Professor to be more succinct...
" Britain needs productive industries which can compete effectively in global markets; but there is something pathetic as well as unsavoury about the latest sally from Britain's business lobby (CBI wants third of public spending thrown open, 24 September). Unable to sell products in global markets, the CBI insists increasingly scarce public funds - our money - should fill the gap. As a rationale they offer "savings", though in fact experience suggests the price of such savings is lost jobs and more poverty for many, fatter profits for a few, and unprecedented inequality.
The option should also, they say, be open to "social enterprises and charities". But charities and voluntary organisations will at best be junior partners to corporate capital, "bid candy" camouflaging private profit. One can understand why the CBI's members would want access to soft domestic markets; but is destroying the public service, and a large element of the British voluntary and charitable sector, a price worth paying for further featherbedding of private industry's incompetence?
Professor John Holford
University of Nottingham"
From...
http://www.guardian.co.uk/politics/2012/sep/25/unfair-taxes-thin-yellow-line