Why the British Government Killed Birmingham

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Adam Smith Institute

Adam Smith Institute

Күн бұрын

Пікірлер: 930
@derekferguson385
@derekferguson385 Ай бұрын
With the most expensive electricity in the world British industry is only going to continue to close.
@futtt_buckerson
@futtt_buckerson 11 күн бұрын
Blame the eco lobbyists. They think they're fighting corporate greed but really they're pandering to it by justifying stupid price increases in the name of the environment. Really all it does is stop everyday people from affording a decent quality of life and it barely helps the planet either given how tiny we are on this giant planet of major polluters regardless of how clean we get.
@Planeet-Long
@Planeet-Long Ай бұрын
13:05 Basically Birmingham wasn't allowed to develop because it wasn't London.
@scousebadger0077
@scousebadger0077 Ай бұрын
Haha look at Liverpool in 18th Century and the 1970s.
@neilgodwin6531
@neilgodwin6531 Ай бұрын
​@@scousebadger0077And how did Thatcher treat Liverpool?
@TheBrick2
@TheBrick2 Ай бұрын
salt and vinegar with those chips sir?
@sbeautiful6133
@sbeautiful6133 Ай бұрын
That’s insane. That’s self sabotage because look at Birmingham now. Britain truly pathetic sometimes.
@sh.4409
@sh.4409 Ай бұрын
It’s full of migrants who don’t fund themselves that’s why it’s gone bankrupt, London hasn’t because it’s financial hub.
@pearlmargaret2004
@pearlmargaret2004 Ай бұрын
In 1780 the West Midlands was a world first. The world's first mass-industrial hub, where production equalled coin, commodity, wealth and on an unimaginable scale. But the debt-based City of London ensured that that wealth, largely, would never go to its producers. It would simply pay and service debt. Which is why Britain remains debt-enslaved.
@mildlydispleased3221
@mildlydispleased3221 Ай бұрын
I love how you believe a thinktank which adored Thatcher, the very Prime Minister who allowed rampant deregulation of the City of London that destroyed British industry and made our economy entirely reliant on finance.
@sauermaischeyahoo7834
@sauermaischeyahoo7834 Ай бұрын
This is what happens when one listens to economists. Not all economic activities are equal. There is something different about manufacturing. When the UK was the workshop of the world, it became the richest country in the world. When the USA was the workshop of the world, it became the richest country in the world. China is now the workshop of the world, it has got very much richer recently. The UK is never going to compete internationally on the basis of wage rates. So it has to substitute energy for labour. That means the UK should be pursuing a low cost energy policy. Also, it has to be able to do things others cannot. So technological education and training should be a priority. None of this is "rocket science".
@conconmc
@conconmc Ай бұрын
However, manufacturing as you can see is susceptible to being overtaken by other nations. The Soviet Union had a very large industrial manufacturing strategy and people were poorer. The key thing is having a balance and ensuring high employment in key areas. Germany for example manufacturing is suffering due to weak domestic and foreign demand, in which case you need the Services sector to pick up the slack. Its not rocket science, its economics which arguably can be more complex at times as higher order multi variate problem compared to rocket science.
@physiocrat7143
@physiocrat7143 Ай бұрын
40% of British labour costs are tax There is a bit of scope for lightening the burden.
@frogandspanner
@frogandspanner Ай бұрын
@@conconmc The thing is rocket science is *science*, with scientific theories. Economics is a bunch of personally held ideals, unsupported by strong evidence, with little predictive power. I was a Universty academic and was called in by the head of a top business school to vet and _viva_ his PhD student as she was doing complex maths which overturned his pet mathematical model. Much to the head's chagrin I found her maths to be faultless, and her arguments, based on her stated assumptions, led to her conclusion. She got her PhD. The problem with economics is the assumptions, as they reduce the domain of discourse.
@Phil-n7c
@Phil-n7c Ай бұрын
And the ASI was one of the think tanks which backed deindustrialising Britain
@richardenders6606
@richardenders6606 Ай бұрын
@@frogandspanner - Interesting, major advances invariably result from extraordinary individuals vision and will power, and these individuals are rarely economists, academics, bureaucrats or politicians
@richardbailey202
@richardbailey202 Ай бұрын
The West Midlands suffered more than anywhere else in Britain from the process of deindustrailization, in particular the decline of the motor industry.
@LonnieHalouska-c2w
@LonnieHalouska-c2w Ай бұрын
Ain't it the truth
@wobblybobengland
@wobblybobengland Ай бұрын
Oldham and Rochdale are good competitors.
@sgbh8874
@sgbh8874 24 күн бұрын
The world beating Allegro.🫡
@TooMuchSchwanz
@TooMuchSchwanz 23 күн бұрын
Wales has entered the chat
@Lbf5677
@Lbf5677 22 күн бұрын
It's because of the cars made I other countries that we also buy. Not because of the government
@pjg_77
@pjg_77 28 күн бұрын
As a kid my Nan used to threaten us kids that if we didn’t do well at school we would end up on the track at the rover, can’t even make this threat no more as it’s all gone. And they was relatively well paid jobs.
@carollane8694
@carollane8694 22 күн бұрын
Your comment shows you ignored your grandmother's advice
@jamie59685
@jamie59685 Ай бұрын
Its sad to watch this and know it mostly falls on deaf ears in Britain
@hectorshouse7348
@hectorshouse7348 21 күн бұрын
Lib, lab, con, snp, green and Reform are ALL traitors….none of them bat for the U.K….getting the picture, they’re all corrupt, all owned!
@gothicgolem2947
@gothicgolem2947 20 күн бұрын
well most wont seethis vid
@amers247
@amers247 Ай бұрын
Why invite people from commonwealth countries to do the crappy jobs and then close down all the factories. What did the governments think would happen, apart from racism and a blame culture
@Nick-io9uk
@Nick-io9uk Ай бұрын
Because that never happened. They were never invited. The only people 'invited' via formal means by the government were Eastern Europeans under the Westward Ho and Balt Cygnet programs. Some italians were requested by individual companies like London Brick, but never new commonwealth/NCWP sorts. For fairly obvious reasons. Why introduce racial, religious and, in the case of anywhere but the west indies, language fault lines into what was then a largely stable & homogeneous nation. The whole 'we begged them to come' is bogus 21st century revisionism. The only begging that went on was the British government begging the newly independent governments in the subcontinent, and the colonial administrations in the West Indies to stop them from coming by, for example, denying them exit visas.
@Nick-io9uk
@Nick-io9uk Ай бұрын
Thats a lot of it. People blame de-industrialization. But look at two neighbouring cities that have suffered similarly from that in an international context. Detroit Michigan & Windsor Ontario. Both historically dependent on carmaking. One has gone to hell, the other is still frequently regarded as one of the safest & nicest cities in Canada. There is one big difference though...
@Szahra87
@Szahra87 Ай бұрын
@@Nick-io9uk. Does it make feel better to blame people’s skin color? Why do you think they become like that ….what was the reason.? Don’t worry your folks( Anglo) will find that out soon, the drugs are killing of you people, the women are not having family ( population decline) and the alcohol is the sleeping aid for many of YOU! Let’s see how far you people fall 😂 I bet you will act a victim
@teethincskate
@teethincskate Ай бұрын
@@Nick-io9uk One's in Canada receiving help from the government to respecialise and the other has a police force that specifically targets and victimises young people of colour you mean? I agree.
@Godlike-87
@Godlike-87 Ай бұрын
​​@@Nick-io9uk ones in America and ones in Canada. Is that it. Genius.
@paulvmarks
@paulvmarks Ай бұрын
You should mention the crippling taxes on investment - in the late 1960s these taxes went up to insane levels.
@Phil-n7c
@Phil-n7c Ай бұрын
That's got nothing to do with what's happened to Birmingham. The ASI's open borders' policy is far closer to the reason
@babayaga6376
@babayaga6376 Ай бұрын
Hold on a second, if you invested in GB in that time period, you had to pay a tax based on how much money you invested? If yes, WTF?????
@Phil-n7c
@Phil-n7c Ай бұрын
@@babayaga6376 LOL what exactly has any of these claims got to do with the fact that since 1979 the ASI and IEA have dominated policy making? They're literally lying about what's happened and pretending like they've had no influence these last 45 years. This is how we know an ideology has reached its end point
@CuriousCrow-mp4cx
@CuriousCrow-mp4cx 21 күн бұрын
​@@babayaga6376 But the US is rife with sales taxes plus taxes on consumption. So nothing new to swear about transaction based taxes.
@hazchemel
@hazchemel Ай бұрын
Omg, grinding my teeth to paste. You are definitely right in the matter of government suppressing the organic movement within the country of capital and labour. There is nothing useful I can add except the observation of a sympathetic outsider that heartened me on my only visit to your islands, May/June 2016: a sense of stifled potential within the people generally, and that potential is considerable in breadth and depth. May our countries re-establish the barriers that check and deny an overbearing onerous and deceitful bureaucracy.
@stevehunt8423
@stevehunt8423 Ай бұрын
My mothers family were from Aston and Nechells and I used to have alot of fondness for the Birmingham of old. I now work there three days a week in B4 and I hate what it has become. Beggars, junkies, drunks, all of the old character swept away and uncontrolled migration. Thank the lord I've only got about another 33 weeks before I can retire from commuting into the godforsaken violent decay-ridden sh@thole it has become. Navel gazing about who did it is pointless. We are where we are and none of the main parties is going to do a damn thing but make it all worse. I just want to be many many miles away from it when it goes bang.
@somersetdc
@somersetdc 25 күн бұрын
Things like this happened all over the world. My hometown was Toledo, Ohio in the US. We were a great high quality manufacturing center and especially famous for tool and die works. Toledo made the machines that made the other machines. Toledo Scales was an extremely high quality precision instrument company that produced amazing industrial scales and measures. Unfortunately for us, after the war, Germany and Japan rebuilt their factories and their wages were quite low by American standards. Germany and Japan were especially good at tool and die industries having a strong manufacturing culture of making these types of machines. Unfortunately, that destroyed Toledo. We were one of the first American city victims of the post world war ii order. I'm not sure what Toledo would be analagous to in Britain; perhaps Birmingham or maybe Sheffield. Side note: my mother had lots and lots of beautiful Sheffield silver, all hand chased. Wish i could have saved it after she died but I just didnt have the room for all that. Of course it sold for a mere song...such a shame.
@lawLess-fs1qx
@lawLess-fs1qx Ай бұрын
the 1947 Town and Country Planning Act removed the incentive for local councils to permit building infrastructure. The country is run by Oxbridge graduates who pay no price for being wrong. HR is the only growth profession in the UK due to one set of Oxbridge grads bringing in thousands of regulations in relation to employment. Now Isobel an Oxbridge arts graduate gets paid 250k a year to ensure companies have the right quota of sexual preferences and colours employed.
@neilgodwin6531
@neilgodwin6531 Ай бұрын
Local councils were prohibited from building social housing by Thatcher. This didn't help either the building industry, nor did it help 21st century Britain, now suffering a crippling housing shortage
@leonrobinson2053
@leonrobinson2053 Ай бұрын
Brutal but not untrue. Meritocracy and productively went out of the window a long time ago. Even those who are of a different gender or colour can see it also.
@TooMuchSchwanz
@TooMuchSchwanz 23 күн бұрын
Britain has made degrees useless by turning universities into a vanity project for upper middle class dullards.
@opalfruitcake
@opalfruitcake 22 күн бұрын
So the country is on its knees industrially because of diversity? Not a deliberate choice by politicians to grow the opaque financial services sector which is largely London centric .... No, according to you it must be because of diversity 🙄🙄
@comanchio1976
@comanchio1976 22 күн бұрын
@opalfruitcake Brain worms are a pandemic at this point.
@SputnikRX
@SputnikRX Ай бұрын
Appalachia suffered a similar fate due to people never being allowed to diversify the economy or build personal wealth once the government entangled coal companies took hold
@mildlydispleased3221
@mildlydispleased3221 Ай бұрын
How about you do your own research instead of watching a video from a neoliberal Think tank and taking what they say as fact? Thatcher closed all of the factories and mines, making Britain's economy completely reliant on finance. The reason why the economy outside of London hasn't recovered in real terms since 2008 is due to Brexit (Another Conservative policy) and an utter reliance on London, which was promoted by Thatcher.
@keyo525
@keyo525 Ай бұрын
We need to concentrate on high quality high skilled manufacturing but the government has allowed mass low quality and unskilled labour, this is not going to end well is it.
@Sean-p3o
@Sean-p3o Ай бұрын
While failing to tackle the benefits system or healthcare
@NeilBarratt
@NeilBarratt 21 күн бұрын
Coupled with net zero.
@gothicgolem2947
@gothicgolem2947 20 күн бұрын
wdym
@Aureus_
@Aureus_ 15 күн бұрын
De-Industrialisation was the death of Britain.
@Dissident82
@Dissident82 Ай бұрын
The demographics have a lot to do with it, no city can afford to pay men to attend mosques.
@ponderingspirit
@ponderingspirit Ай бұрын
We go to the mosque for free. Try it
@BollocksToThat
@BollocksToThat Ай бұрын
​@ponderingspirit that's not what he means. He means the gov are paying older muslims on thr dole that don't work and just go to a mosque. Try read the statement properly
@elriano1
@elriano1 Ай бұрын
@@ponderingspirit Yes, instead of working on Fridays...
@AA-hi6os
@AA-hi6os Ай бұрын
@@BollocksToThat What data shows they're on the dole? And how do you know which mosque they're attending? let alone their whereabouts. If they're older, they're of pensioable age. What's the problem? You weird little racists.
@alexdavis1541
@alexdavis1541 Ай бұрын
@@BollocksToThat He means that a huge proportion (not just the old) do not work and draw welfare instead
@Ivan-pr7ku
@Ivan-pr7ku Ай бұрын
If the Empire was successfully reformed in the 19-th century to integrate the disjointed economies across the globe in a common market, Britain could have wielded the Great War from a much better position, avoiding the mounting costs of maintaining overseas territories and keep its status as net creditor and industrial leader.
@ajwright5512
@ajwright5512 Ай бұрын
But alas, that would have required forethought and some modicum of contrition. Instead, we got India/Pakistan, Palestine/Israel and several other wars over the boundaries we imposed.
@Sean-p3o
@Sean-p3o Ай бұрын
How about not getting involved a stupid war centred in the Balkens
@ajwright5512
@ajwright5512 Ай бұрын
@@Sean-p3o The Balkans are closer to some parts of the UK than some parts of the UK are to each other. Stopping people from thinking you can murder your way over other people's borders is why you've never had to go to war.
@LarsPW
@LarsPW Ай бұрын
You failed to explain why e.g. the Labour government under Harold Wilson considered the growth of Birmingham as "threatening". Environmental objections had not been thought as important in the early 1970s. I think it is not wrong if a government cares about threats, but the error might have been that they saw a threat where actually was happiness.
@Astral-Cosmonaut
@Astral-Cosmonaut 26 күн бұрын
If we went to carbon negative 1 we would still not make a 1% difference when India and China refuse to comply. Then ask me why they will be the powers of the world in the next few decades.
@vlad.the.impaler.
@vlad.the.impaler. Ай бұрын
Anyone who spends 10min in town will be able to answer most of these questions lmao
@vlad.the.impaler.
@vlad.the.impaler. Ай бұрын
And it's not so much about why but how
@mikethebloodthirsty
@mikethebloodthirsty Ай бұрын
That's NOT the root cause... Watch the video mush.
@ajwright5512
@ajwright5512 Ай бұрын
@@vlad.the.impaler. Britain's wealth was built by having those people within the empire, but prohibited from trading with other European powers. The opening up and loss of the colonies destroyed Britain's markets. So you're right for the wrong reasons.
@moneymanifestation9505
@moneymanifestation9505 Ай бұрын
To many locals on benefits 😂if it wasn't for the foreigners there wouldn't be a country
@mrECisME
@mrECisME Ай бұрын
I wonder what changed in Birmingham between 1960 and now.. its a real head scratcher..
@PMMagro
@PMMagro Ай бұрын
The UK has been going 50% at best ever since WW2. No idea why but every cisris that comes up seems to last longer in the UK than in comparable countries?
@BollocksToThat
@BollocksToThat Ай бұрын
Your just afraid to say it.
@martyrx3436
@martyrx3436 Ай бұрын
Britain made pretty much every country in their, ever so BRUTAL, empire independent, and went through 2 an entire world wars, that bankrupted the country. So, people from all of those places (a lot of whom were poor because of what Britain did in their land) came to Britain (some were invited) for better economic opportunity. I find it hilarious that so many of you focus on the “issue” of immigration, but never actually want to discuss WHY people migrated to Britain post WWII…
@liamo8932
@liamo8932 Ай бұрын
@@BollocksToThat No, you're just afraid Jesus. Ever since you were on that cross
@markmewordz6860
@markmewordz6860 Ай бұрын
@@liamo8932 Maybe you're young or naive. Either way, I wouldn't mock God my friend.
@johngray7791
@johngray7791 Ай бұрын
We have had 45 years of neolib economic disaster,so why is it Atlees fault?
@minixtvbox
@minixtvbox Ай бұрын
Exactly 14 Tory years and UK is slum.
@roberthorseman7432
@roberthorseman7432 Ай бұрын
They've got to blame someone🤷‍♂.
@DavidJohnThompson
@DavidJohnThompson Ай бұрын
​@@roberthorseman7432it was Attlee, in 1947, who allowed all commonwealth citizens to have the right to come to the UK. At the time, 600 million people. What an idiot. Look around you, and see the results. A disaster for us native Brits.
@DennosManCave
@DennosManCave Ай бұрын
Did you watch and listen to the video? Government intervention was the error. The article is suggesting if Atlee and co didn't get involved, the economy might be stronger today. Because the government's pre Thatcher were propping up loss leading business (ie the coal industry) then that capital could best have been allocated elsewhere. Unfortunately the neo liberalism of the last 45 years has just been too little too late.
@suburbanyobbo9412
@suburbanyobbo9412 Ай бұрын
@@minixtvboxYeah, nothing to do with the disastrous New Labour years.
@waikanaebeach
@waikanaebeach 17 күн бұрын
I think you are missing a point about the move from the land to cities, that being the enclosures that effectively removed the old field system and gave most of the land to what we call the landed class. There was both a labour market push as well as a pull.
@johnhynes7891
@johnhynes7891 Ай бұрын
Ronald Regan summed it up, the most frightening words ever spoken "I'm from the government, I'm here to help you"
@RW-nr6bh
@RW-nr6bh Ай бұрын
The irony of the head of government saying that seems to have been lost on him and everyone who quotes him.
@Sean-p3o
@Sean-p3o Ай бұрын
@@RW-nr6bhIndeed it does
@generalg.b.mcclellan3079
@generalg.b.mcclellan3079 Ай бұрын
What about Harald Macmillan who destroyed the British aircraft industry !? And nobody thought to stop him or reverse what he did. In fact they continued to undermine this industry in the late 60's early 70's and transferred production of British aircraft to Europe and America, deliberately. While we was making the obviously non commercial Concorde the first Airbus aircraft was eventually built in the US the Boing 757 which was really Hawkers Siddeleys HS.134 and the BAC.311 became the Lockheed L.1011 TriStar. And of course European Airbus Industries was created to replace the British aircraft industry. It was a DELIBERATE policy to destroy British industrial power by the Globalist Freemasonry Cabal. So it wasn't just Attlee and Labour. It continues to this day. Politicians are not always who the say they are, some have hidden agenda's.
@physiocrat7143
@physiocrat7143 Ай бұрын
The British government taxed its economy to death starting in 1944. The taxation of wages, goods, services and the tools of production will inevitably destroy an economy. Trying to run a welfare state with such a tax system is suicidal. Neither left nor right acknowledge this. We are now approaching the end of the doom loop.
@physiocrat7143
@physiocrat7143 Ай бұрын
@@Phil-n7c Taxes were not slashed in the 80s. The burden was transferred to VAT, probably the most damaging and inefficient tax ever devised.
@Phil-n7c
@Phil-n7c Ай бұрын
@@physiocrat7143 That's what Thatcher is most famous for: cutting taxes on the well off. You can lie or deny it all you want, that's what happened. The reason VAT was created and increased by the Tories was to transfer more of the tax burden to the less well off You guys can cry and wail all you want, you just can't accept that neoliberalism has been a disaster and that it's coming to an end
@Sean-p3o
@Sean-p3o Ай бұрын
Britain wrecked itself fighting wars it couldn’t afford in the first half of the 20th century America is doing the same thing now Col Macgregor Ret
@GonzoTehGreat
@GonzoTehGreat Ай бұрын
Post WW2, economic growth was the greatest in the 1950s-60s, when taxes were at their highest. As the Scandinavian economies prove, high taxation doesn't, by itself, cause economic stagnation. What matters is governance. The UK failed to successfully transition from relying on its empire to becoming self-reliant.
@Phil-n7c
@Phil-n7c Ай бұрын
@@GonzoTehGreat It was literally called the golden age of capitalism... But these guys are outright liars Britain has a problem with its managerial class. They never take responsibility for anything
@george11419
@george11419 Ай бұрын
I have learnt so much from this report. Birmingham’s decline is the result of government folly, from 1945 onwards. I can hardly believe the Distribution of Industry Act was passed in 1945.
@ajs41
@ajs41 Ай бұрын
A lot of people in Britain have always been prejudiced against B'ham and the rest of the Midlands.
@MeteCanKarahasan
@MeteCanKarahasan Ай бұрын
This is Atlas Shrugged level conspiracy like the novel.
@erongi233
@erongi233 Ай бұрын
no mention of the poor labour relations in the 1970s which did a lot to accelerate the decline of the British-owned car industry largely based in the Birmingham area
@stevenfarrall3942
@stevenfarrall3942 Ай бұрын
That was a symptom of the failed interventionism.
@erongi233
@erongi233 Ай бұрын
@@stevenfarrall3942 Rolls Royce was a good example of govt interventionism in the 1970s. How come they got it wrong at British Leyland?
@stevenfarrall3942
@stevenfarrall3942 Ай бұрын
@@erongi233 Not really. RR got into trouble because of a priori failed government interventionism and bad money.
@erongi233
@erongi233 Ай бұрын
@stevenfarrall3942 total rubbish. I worked as an auditor of RR in 1970s. They went bust,laddie, because they had contract with Lockheed at too low a price on their RB211.not really!
@stevenfarrall3942
@stevenfarrall3942 Ай бұрын
@@erongi233 I agree with your assertion regarding the RB211 costs being out of control and the connected issue with the Lockheed contract. If re-read my comment I say 'a priori failed government interventionism and bad money. By 1971 the inflationary consequences of the welfare state and other factors were wreaking their havoc on industries like aerospace. This was making GBP weaker and leading to a lot of problems for firms trading internationally (ss the ASI video also states). Money is a nationalised commodity in the UK - the post WW2 labour government nationalised the BofE - enabling the massive over-production of money and credit. This tends to make manufacturing of things like aircraft harder to do profitably because of the long lead times, whereas it makes the production of goods for immediate consumption easier. It was a priori government failure that destabilised RR. Oh and FYI I did a dissertation on the RR failure for my business studies course.
@robertscott4728
@robertscott4728 Ай бұрын
Good video -but would have been great if the roll of central banks, lack of financial investment and fiat currency were included in the reasons for decline.
@JOzzie-u8z
@JOzzie-u8z Ай бұрын
If she didnt take over we could of been a powerhouse still but we seem to be falling on the economical ladder
@oldelephantstew
@oldelephantstew 19 күн бұрын
We still had a great deal of manufacturing industry in the 1970s that has departed between then and now. I have a Bush Transistor Radio, a Raleigh Twenty and a Dawes Kingpin bicycle, a Swebline electric fan heater and a Metamec electric clock to name but a few of my possessions made in England in the 1970s and 80s which would no longer be available today. Yesterday I dropped an Ever Ready lantern torch which I bought on holiday in Scotland in 1971 - the battery fell out on the ground - I put the battery back in and it still works. The durability of products made back then contrasts with the diabolical quality of all manufactured goods made in the Far East today which last only for days, weeks or months at most. I would gladly pay three, four, five or six times more for products Made in England instead of in the Far East but generally such products simply don't exist. All this happened years after the death of Attlee. I've lived through these times. What cannot speak cannot lie.
@leonrobinson2053
@leonrobinson2053 Ай бұрын
Can I also say what a great video this is, people often give Birmingham a bad name but the city looks beautiful in the footage you've used. It's not all bad now but alot of people, new and old, have lost the Birmingham spirit, what it means to be a great city.
@gkelly3566
@gkelly3566 14 күн бұрын
You seem to be ignoring all of the different tories governments that were in power before thatcher.
@alphabetaxenonzzzcat
@alphabetaxenonzzzcat Ай бұрын
I don't deny that Attlee's mass nationalisation program and industrial strategy were very flawed policies, but Thatcherism didn't work! It lead to asset stripping and look at the end results - mass outsourcing of Britain's industries, over reliance on other countries for imports, a misbalanced economy with it skewed towards financial services(which is of questionable economic benefit).
@tomburroughes9834
@tomburroughes9834 Ай бұрын
As the video shows, most of the damage was done before the Thatcher reforms and monetary squeeze to kill inflation. Unions were out of control. As for asset stripping, I don't think there were many assets worth taking by the end of the 1970s.
@andys5841
@andys5841 Ай бұрын
Manufacturing output actually grew under Thatcher, the issue was the reduction of labour intensification during that period, which happened in every other country in the world too.
@Leah-ju8ht
@Leah-ju8ht Ай бұрын
..didn't thatcher allow council house renters buy their rented homes and be property owners for the first time in centuries?
@sauermaischeyahoo7834
@sauermaischeyahoo7834 Ай бұрын
Manufacturing as a percentage of the economy shrank by more in the early years of the 21st century than it did during the worldwide recession of the early 1980s (caused by the Iranian revolution).
@TheBodyIsRound-136
@TheBodyIsRound-136 Ай бұрын
​@@Leah-ju8htThey ended up owned by landlords.
@vicsaul5459
@vicsaul5459 Ай бұрын
Brum really peaked during ww2, aircraft manufacturing, castle Bromwich, BSA, Britain Small arms, leading to British car and motorcycle manufacturers, like my first Car, Morris 1100, happy days, when Chelmsley Wood was still green belt.
@michaelorme7268
@michaelorme7268 Ай бұрын
Brilliant. Birmingham was allowed to 'develop' aaccording to the 'schedule of history' - roughly 'I have seen the future and it works'. This tyoe of prophecy is still with us - so-called 'Climate Change' is its latest manifestation. Birmingham demolished its centre, and surrounded it with ring roads, thus ensuring a complete separation of city and suburb, with dire social consequences. The Rootes Group of car makers was destroyed by government intervention when it was forced to move to Linwood, Scotland. The local labour force had no experience of car production, and went on semi-permanent strike, despite wages being nearly twice the local level. Together with a strike in its Acton factory, Rootes failed shortly afterward. As with today's governments, anything other than the real problems facing people were considered, whilst dream state after dream state took up the time and tax money which should have been spent elsewhere.
@atme7375
@atme7375 17 күн бұрын
I wish we had factorises in the uk wether it was coal, cars, machines.
@RN-lo6xc
@RN-lo6xc 15 күн бұрын
Excellent video - more of this please
@LODOWICKMUGGLETON
@LODOWICKMUGGLETON Ай бұрын
Interesting. Same thing happening now, worldwide maybe, with extreme left governments' mandates for EVs which are crushing vehicle industries.
@gac9603
@gac9603 Ай бұрын
EVs are so good that the government has to give them tax breaks and ultimiately mandate them.
@nigelgarrett7970
@nigelgarrett7970 Ай бұрын
What does the V in EV stand for?
@ajwright5512
@ajwright5512 Ай бұрын
@@LODOWICKMUGGLETON Vehicle industries are doing fine. Just the Western and Japanese one are making archaic overpriced crap that no-one wants to buy.
@Daimo83
@Daimo83 Ай бұрын
Politicians went from allowing growth to managing growth ala James Burnham.
@Altn246
@Altn246 Ай бұрын
GOD I AGREE WITH THIS. The treasury spreadsheets have wrecked this country. Let people and business choose their paths rather than trying to impose a politburo centrally planned strategy. its so obvious.
@Phil-n7c
@Phil-n7c Ай бұрын
The country is completely dominated by the financial and corporate interests that the ASI represents. If the treasury has been serving anyone it's them.
@jamie59685
@jamie59685 Ай бұрын
@@Phil-n7c nonsense, the ASI do not represent financial and corporate interests anymore than they represent small business and workers. Anyone who wants economic freedom is represented by ASI. You my friend are part of the 'useful idiots' who keep the corporate overlords in the comfort they've become accustomed to. These people fear free markets and competition more than anything as they depend dearly on government regulation and handouts from labour and the tories to keep them afloat. The opposite of what ASI stands for entirely.
@stevenfarrall3942
@stevenfarrall3942 Ай бұрын
@@Phil-n7c Rubbish. Utter rubbish.
@stevenfarrall3942
@stevenfarrall3942 Ай бұрын
Yup. Laissez-faire works. Governments and bureaucrats don't.
@prestigepea1235
@prestigepea1235 Ай бұрын
So how come 40 years of the Adam Smith Institute getting its way hasn't reversed all this?
@NR23derek
@NR23derek Ай бұрын
So basically you're saying we should turn a blind eye to the destruction of what little natural area still survives. Yes, the industrial revolution created a lot of wealth, but on the back of huge amounts of environmental destruction, as well as worker exploitation. Your claim that workers of that period were well paid is just plain wrong, it was a time of children up chimneys and factory workers trudging to the mill in the early morn. We don't want to return to that type of exploitation for the sake if GDP and the enrichment of a small minority of the population.
@ZiggyMercury
@ZiggyMercury Ай бұрын
Exactly my thinking. I am no socialist (but I am somewhat of a social-democrat), and it's possible that some of what he says is correct, but he seems to idealize a time when the "little people" suffered much more than they do today. There are things to repair. Lazy people shouldn't get unemployment money. However, sick people who can't work should. It's complicated. It's not black and white.
@Sean-p3o
@Sean-p3o Ай бұрын
Well this is The Adam Smith Institute
@Astral-Cosmonaut
@Astral-Cosmonaut 26 күн бұрын
Okay then no jobs for anyone willing to work. 😂
@NR23derek
@NR23derek 24 күн бұрын
@@Astral-Cosmonaut What a stupid comment. What relevance dos it have to this conversation?
@Astral-Cosmonaut
@Astral-Cosmonaut 24 күн бұрын
@@NR23derek with such a question , you are not qualified to call anyone’s comment stupid.
@nicholasbuttery511
@nicholasbuttery511 Ай бұрын
It is when they turn Brown-field sites into over populated Housing Estates and Super Markets that causes the knock on effect . 3 examples in Birmingham are Fort Dunlop ,British Leyland/ Rover and The Birmingham Battery all but gone but for a Monument or a surrounding Road for names sake.
@raymondmeadows7623
@raymondmeadows7623 19 күн бұрын
Lack of investment from the hidden hand is what killed UK’s manufacturing industries. We’re very good at inventing things in the UK, not always been great at developing. Adam Smith always cited the hidden hand of nationalistic favouritism from the capitalist class as the moral basis of capitalism, that nationalistic favouritism has been shown to be mythology in the modern era. The offshoots of the Norman overlords have never had any nationalistic allegiance to the British people as they are descendants of the Norman imperial power. Blaming Attlee is a little bit cheeky, he had no choice but to support British industry in the postwar era.
@alanfasbury
@alanfasbury Ай бұрын
What an interesting video, and extremely thought provoking. Of course it is 19 minutes of someone's understanding of what is destroying my home, Birmingham. In 1969 we were shipped out to Redditch to begin a new life with the movement of my firm and job. The movement was very well planned and gave me my wife and I children a new life from the slums of Birmingham to a tree covered Redditch, heaven. But of course forced removing due to financial poverty is a devastating process, and this video made light of migration. It is true I am afraid that successive government's and their narrow view of their own idealism that has exasperated the decline of Britain's manufacturing. The nightmares of union dominance and managerial inability to find common ground, or take on unreasonable union demands, again exasperated a real desire to improve and further industrialisation. At 74 I can look back at a life of being a young communist, a socialist, a liberal, a Conservative and now....nothing. No one is better or worse for deindustrialisation, we all found was individually to achieve it. Good video tho. Alan
@Sean-p3o
@Sean-p3o Ай бұрын
Britain wrecked itself fighting wars it couldn’t afford in the first half of the 20th Century America is doing the same thing this century Col Macgregor Ret
@georgerj2419
@georgerj2419 Ай бұрын
True. Especially it should not have been involved in WWI. It should have allowed Austria to fight its war against Serbia on its own. Britain found a chance to fight Germany and at the end it lost the empire.
@nigelgarrett7970
@nigelgarrett7970 Ай бұрын
If America today or Britain in the 1900s can't afford wars then nobody can. And yet they happen. Why is that?
@nigelgarrett7970
@nigelgarrett7970 Ай бұрын
​@@georgerj2419 Britain joined WW1 to protect Belgium. British foreign policy has always recognised that a mainland Europe dominated by one country is bad for Britain.
@Harry-TramAnh
@Harry-TramAnh Ай бұрын
​@@nigelgarrett7970100% agree. But that still begs the question, should we have sacrificed so much.
@Sean-p3o
@Sean-p3o Ай бұрын
@@nigelgarrett7970How did that work out as Germany (even a divided country) remained the strongest country on the continent- especially economically Belgium was a pretext and excuse for those that wanted war Britain sent an army over that wasn’t designed to fight against large continental armies We should have told the Germans that we would keep them out of the Channel and North Sea if they had designs on channel ports.
@hairy7653
@hairy7653 Ай бұрын
not a mention of the post war consensus?
@Phil-n7c
@Phil-n7c Ай бұрын
We smashed the post war consensus in the 80s. Are you seriously arguing that policies abandoned 45 years ago are to blame? The ASI just can't face up to what they've done to this country
@hairy7653
@hairy7653 Ай бұрын
@@Phil-n7c no not at all, it would have given more context to the film.
@Richard-pe4cx
@Richard-pe4cx Ай бұрын
you forgot the BSA group 1 in 4 motorcycles where once a BSA and cadburys at Bourneville where i went to school
@sustainablerenewableintegr8311
@sustainablerenewableintegr8311 Ай бұрын
Every country that embraces neoliberal economic policies always ends up with the death of highly productive manufacturing industries, replaced by a hyper-financialized economy driven by asset price speculation and fueled by debt leverage. (Note: "Asset" usually refers to real estate and company stocks). This always leads to a situation where economic wealth is concentrated in a handful of locations while the rest of the country stagnates, if not degrades. A two-speed economy where the capitol is opulent while the districts are barely alive. Many argue that the neoliberal economy espouses deregulation. What they leave out is that only the finance industry is deregulated. Everything else is regulated to death! The City of London is the perfect example...
@antispindr8613
@antispindr8613 Ай бұрын
But why will not the likes of Liz and her band of right wing nuts not admit that what they call 'Red Tape', is Heath and Safety rules that help to protect working people?
@KieranKelly-o9s
@KieranKelly-o9s Ай бұрын
Absolute utter bollocks. The council went bust for two reasons A a disastrous equal pay judgement that was the largest ever in Europe B the massive cuts from central government whilst paasing on responsibility for many aervices particularly housing
@wtfroflffs
@wtfroflffs Ай бұрын
While your point about the equal pay judgment is correct, it also fits with the broader trend of pay being determined by government, specifically the minimum wage, instead of market forces. For context, the judge in the case decided that dinner ladies should be paid the same as bin men. That these two jobs are completely different is apparently irrelevant. So I think this is consistent with the video’s thesis that government interventions have wrecked Birmingham.
@roc7880
@roc7880 Ай бұрын
When an economist without detailed knowledge of the subject should not be allowed to give advice. This is why teaching economics should be radically changed by infusing with history, tech, and sociology.
@Outdoorshuntingshooting
@Outdoorshuntingshooting Ай бұрын
who ran Birmingham council during its decline?
@ellismeah8110
@ellismeah8110 Ай бұрын
Labour council
@chrisbrookes7422
@chrisbrookes7422 Ай бұрын
Conservatives Govt seriously under funding it between 2010-2022 councils took a 50% cut in funding. Also birmingham council lost a law suit which costed millions and played a major role in the bankruptcy. But Look at what the Conservatives did to croydon and thurrock councils. With thurrock they took out a massive loan for some risky investments and it backfired fucking bankrupted them. 😂😂 They bankrupted my council Wiltshire which they've ran for the last 100 years fuck knows how they managed that because they dont invest here the economic illiterate twats dont.
@nigelgarrett7970
@nigelgarrett7970 Ай бұрын
​@@ellismeah8110 Really? Has it always been Labour? Bosworth and Whitby beg to differ.
@markmorrid8144
@markmorrid8144 Ай бұрын
Probably something to do with the demographics changing decade upon decade since the 60s.
@wulfhere83
@wulfhere83 Ай бұрын
To be fair, those demographics came here because Birmingham had a lot of work to offer in factories. Most of the people who are unemployed and problematic in this city today would have had good honest jobs making stuff 60 years ago.
@abuyusufabdulhakim952
@abuyusufabdulhakim952 13 күн бұрын
Looool, you know if it’s called the Adam Smith Institute it’s neoliberal mythology 😂😂😂
@gregjames6013
@gregjames6013 Ай бұрын
Stalin would be proud of the U.K. State interference
@antispindr8613
@antispindr8613 Ай бұрын
And was not Thatcher proud at the way important state assets were (under)sold to her mates in The City?
@richardwaring8613
@richardwaring8613 Ай бұрын
Stalin was shocked when Attlee sold him jet engines 'not to be used for the military'. It was not long before a Russian jet engine similar to the one sold was in the MIG 15 killing UN soldiers during the Korean war.
@rollthetape88
@rollthetape88 Ай бұрын
Mercia was more productive than Wessex, thats what was up.
@maxberan3897
@maxberan3897 Ай бұрын
Cheap energy! But not a mention of why it isn't, nor the delusions that underpin why it isn't.
@sglenny001
@sglenny001 Ай бұрын
Didnt your organisation also promote the "free market and privatisation"
Ай бұрын
You fail to mention that Conservative governments between 1951-64 were just as determined to force industry to relocate away from the Midlands to e.g. Liverpool and Scotland. You also make no reference to the economic impact of New Towns and why some succeeded and others failed. Finally, the Conservative Government of 1970-74 began with a free market strategy but, abandoned them following the rescues of Rolls Royce and Upper Clyde Shipbuilders. It was the failures of the Heath government that propelled Margaret Thatcher to become leader of the Conservative party in 1975 with all that followed from 1979. Your analysis whilst interesting needs to be more nuanced and accurate,
@KaiColloquoun-gt7kw
@KaiColloquoun-gt7kw Ай бұрын
Do you think there was no industry in Scotland? The Scottish steel industry was destroyed by governments who could not see beyond the Tweed. Glasgow had the largest concentration of railway works in the country, some years more ships were launched on the Clyde than the rest of the world put together. What were thriving concerns, were bought up by English companies ie. dairies, insurance companies etc., closed down & head offices relocated south.
@trevorhoward2254
@trevorhoward2254 Ай бұрын
An interesting insight into my home town. However, I must correct you on something;- "Birmingham has more canals than Venice". In the early 80's, when the city hit rock bottom and looked like a right dump, a group of staff at the city's economic development unit brainstormed ideas to change people's perceptions of the city and came up with some things which became urban myths; the one about canals being one, "Birmingham has more acres of parkland than any other city in Europe" and "Birmingham has more trees than Paris" being two more. They deliberately dropped these into casual conversations with people like journalists and elected council members and soon they had spread like wildfire across the city and beyond. They are eminently believable because Birmingham does have a lot of canals, parks and trees. They were picked up and repeated by Brummies desperate to see something positive in their decaying city. I was one of them. This was told to the BBC journalist and radio presented, Ed Doolan in a radio interview with someone who worked at the EDU.
@raeveth
@raeveth Ай бұрын
Sutton Park... check the hectares covered and compare to any other urban park in Europe
@trevorhoward2254
@trevorhoward2254 Ай бұрын
@@raeveth I don't have the time or inclination to research the amount of parkland in every city in Europe. If you have a source for this information, I would be glad if you shared it. But this doesn't change the fact that the people who spread this 'information' did so without knowing the facts behind it.
@we-are-electric1445
@we-are-electric1445 Ай бұрын
For an advanced economy you need skilled people to invent, develop and manufacture innovative products. As an engineering graduate in the early 1980's I experienced the consequences of the Tory deskilling of the engineering industry. Watering down engineering degrees to encourage young people onto courses many didn't want to do - better on and engineering degree than down at the job centre and forced to apply for menial jobs because you failed (or perhaps got 1) A level . Any engineer (particularly ones in the bigger companies) will have experienced useless undergraduates and graduates who weren't interested in engineering and knew little. Some of them openly bragging they would never have to pay off their student loan because they would never earn enough. As the video says, this country can't compete on low cost manufacturing. The problem is we can't compete on high value manufacturing either. With the last crop of decent engineers graduating in the 1970's and early 1980' now heading for retirement there are simply not enough clever young people in engineering. That isn't going to change any time soon, if at all. Cheap energy and relaxed planning rules wont change that either.
@_ob200
@_ob200 Ай бұрын
Why did we have to kill our industry ! Why did they do it !! It’s honestly so infuriating
@robertanton1862
@robertanton1862 12 күн бұрын
thank Greta and enjoy a breath of clean air
@jagcentral
@jagcentral Ай бұрын
Was constraining Birmingham's growth a Labour Party manifesto pledge?
@bigdunc228
@bigdunc228 Ай бұрын
It's ironic that the city of my birth Liverpool is increasing in population after the government actually had a policy to run it down. It has basically turned itself into a theme park .
@neilgodwin6531
@neilgodwin6531 Ай бұрын
This is a rather simplistic picture. Many factors were mot mentioned, the role that the Empire played, the mass exodus from Ireland to England during the Famine, remember this was "internal" migration, since Ireland was part of the UK at the time. Many Irish, like my great great grandparents, settled in Liverpool, many others in Birmingham. As for the Green Belt, this was demanded by towns like my own, Bromsgrove, which have already seen the loss of areas like Northfield and part of Rubery, absorbed into the city as 'new' suburbs. We had no wish to become part of the conurbation, as the former Worcestershire towns of Dudley and Stourbridge had been. Thanks to the Green Belt, we retain our character and history and attract millionaire residents to areas like Barnt Green, home of professional footballers and music stars like UB40
@jeffreyjordan2986
@jeffreyjordan2986 Ай бұрын
really interesting and informative video. as someone who has lived through many of the changes to birmingham, coventry and liecester over many it explains mush of the hidden background to my experiences, some political bias comes through though.
@ZiggyMercury
@ZiggyMercury Ай бұрын
I'm not gonna argue with you on the financial merits of what you say, because I'm no economist. But here's a question: given that you preach in favor of an unregulated industry with weaker/no worker unions etc. - I assume you'll agree to be the first in line for that hard-labour manufacturing job for £2/hour. Right? If the economy is "doing well" and 99% of the people don't feel it - the economy is not doing well. You seem to yearn for a time when the gap between the few rich and the many poor was massive (much more than today), when most Brits couldn't afford to see a doctor, when most Brits lived in horrible sanitary conditions. What for? Who's going to enjoy that "booming economy"? Let's face it: manufacturing jobs have left the West because people don't want to work like slaves and earn very little, and because in the West they can currently afford it. If you want to compete with China, you have to have these Apple factory-cities where so many people committed suicide that the management put nets underneath the windows to prevent people from jumping to their death. Again, I have to assume you'll be the first to volunteer to work in these conditions.
@tommyhall6695
@tommyhall6695 14 күн бұрын
Foxcom had those but to listen them now they pretend they didn't.
@fastertrackcreative
@fastertrackcreative Ай бұрын
The trouble is heavy industry is a major pollutant, we need a system that is productive without being environmentally devastating.
@nickpierpoint4116
@nickpierpoint4116 Ай бұрын
Immigration killed Birmingham.
@Phil-n7c
@Phil-n7c Ай бұрын
And the ASI are total open borders
@cyborgbadger1015
@cyborgbadger1015 Ай бұрын
Deindustrialisation is what killed Birmingham, same as most of the North. Immigration hasn't exactly helped but it is not the main reason we are in this mess. The UK has been in decline since WW2.
@Phil-n7c
@Phil-n7c Ай бұрын
@@cyborgbadger1015 The UK created Concorde in the post war era. And the internet and the world wide web. And many other innovations. It's ideological twaddle about "since WW2 - the post war era was literally called the "golden age of capitalism"
@nigelgarrett7970
@nigelgarrett7970 Ай бұрын
​@@Phil-n7c The UK created Concorde - in collaboration with the French (that's why there's an extra 'e'). The internet was created in America (ARPANET). And the WWW was created by a Briton - working in Switzerland.
@Phil-n7c
@Phil-n7c Ай бұрын
@@nigelgarrett7970 That's not true, the origin of the internet lies in packet switching which was invented by a British man in London working for the Royal Mail. Correct, Concorde was a joint endeavour with the French using public investment in both countries. An incredible achievement which we note the free marketeers have been unable to replicate. The swinging sixties were also "decline" were they? Britain is only one of two net exporters of music globally. British football the most popular anywhere? Who cares where Berners-Lee was working? This country's record on innovation is second to none including in the post war era. You're just regurgitating the same old ideological nonsense now the latest Right wing idea has failed even on its own terms
@charlesc266
@charlesc266 21 күн бұрын
Odd to only blame Labour for what was the policies of both main parties based on solid reasoning. Birmingham became too big and needed to retain green spaces and many other areas around the UK were being ignored. The Adam Smith Institute is known to be biased. What we do know from unbiased reporting is that Birmingham Council could not meet the compensation bill regarding those women who had worked for the Council being awarded compensation for wage disparity against what men were being paid, both while working under both Conservative and Labour Councils and the mess and high cost caused in regard to the integration of a highly feature rich database system.
@realitycheck1883
@realitycheck1883 Ай бұрын
Rather unconvincing attempt to shift the blame for deindustrialisation away from Thatcherism and free market dogma. British industry paid the price for being the first country to industrialise (no competition in world markets) and then struggling to modernise with outdated institutions and lack of investment. Birmingham is a classic case with its small workshop based industries. The impact of the world wars particularly the tight constraints on investment after WW2 should not be underestimated. The post war attempts to modernise and rationalise industries through mergers were too little too late. The deliberate policy of deindustrialisation of the 1980s onwards with the focus shifting to services and particularly the finance sector (which formed the social base of Thatcherism) glossed this failure over for a while particularly with North Sea Oil revenues but has had disastrous long term consequences
@DaboooogA
@DaboooogA Ай бұрын
Excellent video thanks - reminding everyone that de-industrialisation and decline are not party-specific phenomena
@KaiColloquoun-gt7kw
@KaiColloquoun-gt7kw Ай бұрын
Birmingham was booming until Thatcher, you could walk in and out of jobs at will. To blame it's present state, where 3 generations of a family can be on social security, on Attlee is ludicrous.
@allansmith3837
@allansmith3837 Ай бұрын
Didn't only destroy Birmingham he destroyed Britain.
@andybowen1981
@andybowen1981 Ай бұрын
Interesting historical analysis. However it’s always easy to hypothesise how things would have been different when the circumstances cannot be replayed. It’s always interesting that the solution to everything is to deregulate, open everything up and allow the markets to dictate. If we went through a time in which that occurred over many centuries, success on success of the philosophy, isn’t the fact that things didn’t remain that way illustrative that there was an endemic issue growing in it. The solutions at that time meant they decided to head towards a different direction. A more regulated one. Its success and failure can be debated. But they occurred as a response to a circumstance that should not have existed if the successes of the past had not hit hurdles. The facts as I see it is that the timing of a perspective is all important. This piece has the benefit of hindsight. However this doesn’t mean that the solutions posed are definitive and certain. It’s a perspective in time that leans on assumptions. With the collapse of the Conservative Party and seeming rise of Reform, potentially a government run by them, we may well see the impact of an assertively right wing viewpoint mirroring many countries of the world. A future history and a piece just like this 100 years from now will better reflect whether these assertions have credibility. Thank you for all your efforts creating it.
@lecturesfromleeds614
@lecturesfromleeds614 Ай бұрын
Manchester and Leeds adapted, both cities are visually booming! Leeds south bank is the largest redevelopment project in Europe
@tumslucks9781
@tumslucks9781 Ай бұрын
I grew up in Sheffield. It's a ghost town. 👻🏙️ Once the steel works went the decline was terminal. They tried to revitalise the city by building pointless things like Meadow hall which destroyed the city centre. They spent 5 years building a tram system which exacerbated the decline because no one could get to their business! I left 20 years ago and was glad to do so.
@Nick-io9uk
@Nick-io9uk Ай бұрын
So long as you dont go out of the core central bits. Every large English city since the 2000s (perhaps 1980s in London) has followed the folly of american cities. Lavish money on making the few blocks of the centre look all new and shiny, and let the other 95% where most the population live and work go to rack and ruin. They havent adapted, they just have massive funds spunked on them taken from everywhere else.
@andrewflindall9048
@andrewflindall9048 Ай бұрын
But that's the point of the piece, isn't it? The cities originally evolved and built themselves, now they have to be artificially enhanced by authority
@BobAbc0815
@BobAbc0815 20 күн бұрын
15:13 the German Post War Ordoliberalism is (suposed to be) based on Ludwig Erhardts Principle of "so wenig Staat als nötig, so viel Markt wie möglich" (as little Government as necessary, as much Market as possible).
@Ninkavbed
@Ninkavbed Ай бұрын
I just find it dumb why Birmingham was restricted from growth imagine what brum would’ve became probably on a similar scale to a city like London which would’ve actually benefitted a lot as having to major cities is always better than one and would spread out the population more.
@Tony-p6t
@Tony-p6t 20 күн бұрын
People blame the downfall on immigration but truth is it’s better now then it was in the 80’s
@brentsummers7377
@brentsummers7377 Ай бұрын
Funny, how in almost all videos about the decline of British industry there will be a clip of an Austin/Morris 1100 or 1300😂🤣
@dixieflatline1189
@dixieflatline1189 Ай бұрын
We sub contracted manufacturing overseas. Those countries got rich. We stagnated, with gdp bolstered by London money markets. Post Brexit has just doubled down on decline - no one wants to use the city anymore. New listings are going overseas. Intellectual property the same. What's left?
@daffyduk77
@daffyduk77 Ай бұрын
"...Britain's success"... in 18th/19th century, industrialisation in response to "...economic and social conditions..." - a rose-tinted travesty of the truth. As if the average mill & factory-owners cared a hoot for the desperate conditions his workers slaved under or pertained previously. It was only embarrassment & religiously-inspired guilt, coupled with employee "combination" & rage, which mitigated the worst of industrialisation's consequences. And the need for modest employee literacy/basic skills & trainability. An employee having been expensively trained was a wasted asset without improvements in health. Employer benevolence was the exception.. "...High wages..." we are told, a consequence of such benevolence.. No, just a transitional blip from pre- to post-industrial eras, supply/demand transient anomalies. Low regulation in A.S.I.'s preferred regime is about zero-hours contracts, 60+ hour weeks American/Chinese style, declining Health & Safety provision/inspection/paid holidays, a race to the bottom. Only when the NHS is replaced with expensive USA-style health insurance will they be happy. Thatcher's "golden era" was all about a Reaganomic "trickle-down" illusion, now comprehensively debunked with excruciating income-gap widening due to the employee/employer power imbalance the A.S.I. so favours. AT least German capitalists have been prepared to invest long-term, which was the bedrock of their success outstripping us. Now Chinese government direction of investment/industry seems at odds with A.S.I. 's core nostrums
@jamie59685
@jamie59685 Ай бұрын
yes because before that they're lives were so fantastic lol. Absolute nonsense.
@daffyduk77
@daffyduk77 Ай бұрын
@@jamie59685 Did I say that ? No. If you think those mill/factory owners were typically philanthropists ... as well as your Port Sunlight, Bournville village etc the vast majority were in for exploiting nimble-fingered kids, subjecting women workers to "phossy-jaw" (Google it) & all the rest. No workers' comp for them, outrageously long hours/hideous conditions too.
@MUSTASCH1O
@MUSTASCH1O Ай бұрын
Is there even a single party in this country that recognises the potential for facilitating rather than directing high value added manufacturing in this country?
@richardbrown1189
@richardbrown1189 Ай бұрын
The argument put forward in this video is a classic example of deciding in advance that something is the case and then presenting every fact that supports it in the most simplistic way possible, whilst conveniently ignoring anything which doesn't. So Foxes Mints were unable to build a factory in the 1940s. By the 1980s, Leicester's growth had slowed. Well there you are, what more do you need to know? The ASI is a well known right-wing think tank. So by definition every single thing the Attlee government did must have been a mistake. That has to be the starting point for any analysis.
@zaydascroft8380
@zaydascroft8380 15 күн бұрын
Never been more proud of my country brilliant!!!
@osianballinger9737
@osianballinger9737 Ай бұрын
Labour really suck don’t they. Tories not much better obviously
@whatamalike
@whatamalike 28 күн бұрын
The tories are worse imo because they claim to be libertarians but still believe in taxation and are very authoritarian when it comes to policing and immigration. Theyre absolute liars basically.
@AthelstansSuccessor
@AthelstansSuccessor 28 күн бұрын
Thatcher and starmer are two demons with some minor political differences
@cannabisstatics6193
@cannabisstatics6193 21 күн бұрын
Labour have always been better for the economy. Not my opinion but numbers and statistical fact. And they have always invested for the long term, for the many
@malkomalkavian
@malkomalkavian 18 күн бұрын
to control a system takes more energy than is contained within the system
@MuffCalum
@MuffCalum Ай бұрын
Love the frank admission early on that coal was crucial in the wealth of industry in the UK... so we can reopen the pits now then? Wonderful 👍
@gac9603
@gac9603 Ай бұрын
yeah, in the 1700s it was, not so much nowadays.
@TheAdeybob
@TheAdeybob 23 күн бұрын
'it wasn't Thatcher's fault..' Lordy.
@yeahno....
@yeahno.... Ай бұрын
Decades of Labour mismanagement
@nigelgarrett7970
@nigelgarrett7970 Ай бұрын
Was it always a Labour council?
@daffyduk77
@daffyduk77 Ай бұрын
Adam Smith Institute has an "opaque corporate structure" & is coy about its funding sources - Koch Brothers ? US Hedge Fund titans ? The day they level with us is the day we can start taking them seriously
@Nick-io9uk
@Nick-io9uk Ай бұрын
I always wonder whos got them. I used to religiously read ASI articles in the 2000s as a student & just afterwards. They were straightforward & libertarian back then. Suddenly in the mid 2010s they re-aligned themselves as neo-liberal (because that ideology has been such a roaring success!) & got progressively more insufferable. Bit like the Sierra Club being anti mass immigration until the mid 90s, at which point, with donor pressures, it reversed its position (and lost whatever integrity it had)
@muhammedharun4606
@muhammedharun4606 29 күн бұрын
0:11 where on earth is this, did they destroy this ?
@CB1000FP1
@CB1000FP1 Ай бұрын
Attlee was a labour politician so of course he destroyed Birmingham, the labour party destroys everything it touches
@antispindr8613
@antispindr8613 Ай бұрын
Have you forgotten how fast Liz and her band of right wing nuts nearly sank the country?
@nicholaskelly1958
@nicholaskelly1958 Ай бұрын
You can argue that the economic decline of Britain began on "Black Friday" May 11th 1866 with the collapse of Overend, Gurney & Co on the previous day. As for "The Doubt In Britain's Abilities" you could say that actually began not in the British Isles but in the North Atlantic in the early morning of Monday 15th April 1912 . When RMS TITANIC sank with immense loss of life. The rest is as they say "History"!
@alanjack1086
@alanjack1086 Ай бұрын
I know it bad but at least we have thousands of kabab shops.
@leenevin8451
@leenevin8451 Ай бұрын
The ring road ruined the place too
@divvy1400yam600
@divvy1400yam600 Ай бұрын
I am surprised to hear Attlee being a cause in the UK's decline. The decline started in the 1880's and became immeasurably worse from about 1970 leading eventually to Thatcher He was responsible for serious social/educational reform and had a good attitude to the Empire. Bearing in mind he had power over a bankrupt nation aided and abetted by Lend Lease ; as of now I think well of him. I lived and worked in Coventry from the 50's to 2000. I cant see the disaster that has occurred had much to do with Attlee
@physiocrat7143
@physiocrat7143 Ай бұрын
The doom loop was created in 1944 with a welfare state funded by taxes on wages, goods and services
@GonzoTehGreat
@GonzoTehGreat Ай бұрын
​@@physiocrat7143Taxes don't fund government spending. If they did budget deficits wouldn't be possible.
@physiocrat7143
@physiocrat7143 Ай бұрын
@@GonzoTehGreat MMT theory. Correct but tax is needed to prevent runaway inflation. Wrong sort of taxes have been ruinous
@GonzoTehGreat
@GonzoTehGreat Ай бұрын
@@physiocrat7143 Agreed, but it's questionable if ALL post WW2 UK taxes were "ruinous". Some certainly were and it's also true that an economy can thrive with low taxes (e.g. Hong Kong), but taxation itself isn't problematic. The problem is poor governance. When it was created, the UK welfare state was designed as a "(helping) hand up", but over successive decades, to secure votes from an aging population, politicians have turned it into a "hand out". Meanwhile, over the same period, taxes have fallen. Clearly, taxation isn't the issue.
@physiocrat7143
@physiocrat7143 Ай бұрын
@GonzoTehGreat HK thrived on the revenue from the sale of 40 year leases. Taxation is very much the issue. If you tax windows then you will have bricked up windows. If you tax honest work and trade, you can work out what the results will be
@deedee-tc4fh
@deedee-tc4fh Ай бұрын
The decline and subsequent restrictive policies with many large firms including the Steel industry, manufacturing, examples e.g. Fox's and by stealth successive Govts have deliberately thwarted growth whilst at the same time encouraged mass immigration to areas that are in decline. It is not by accident that once we were told (Wilson Govt) that we had enough Gas and Oil to last decades (The new Saudi Arabia) whilst they systematically closed the pits and importing of Gas and Oil (allegedly). The new Net Zero reliance on wind farms, Sizewell C costing an absolute fortune compared to other countries and Solar panel schemes like no others in a country that does not get the amount of sun will be a disaster unless they unlock technologies that have been withheld from us which is not going to happen. The U.K cannot and will not prosper with the current trends incl mass immigration (same benefits as to indigenous), reliance on a failing NHS, benefit payments, bureaucracy on a massive scale and 'inept' Govts combined with sky high fuel costs, under funding logistics can only mean one thing.... R.I.P Disunited Kingdom (Carcinoma)
@andrewegan1732
@andrewegan1732 Ай бұрын
Their saying (Labour) " the man from the ministry knows best" sums up socialist attitudes.
@alicelander9058
@alicelander9058 Ай бұрын
Thatcher was right about being more productive on the world scale but she failed as she had no plan on how to employ those unemployed by her policies and beating the unions, the people were abandoned unless you lived in the south and south west. There was little investment in new manufacturing industries to employ the masses unless it came from inward investment like Nissan, Honda etc. Triumph motorcycles and Land Rover proved how it could be done to some degree but it didn't happen often enough thanks to inept governments.
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