XPost: uk.politics.misc, alt.politics.british   
   From: dvh@vhvhvhvh.com   
      
   On 30/01/2014 08:03, abelard wrote:   
   > On Thu, 30 Jan 2014 07:11:45 +0000, DVH wrote:   
   >   
   >> Foreign direct investment in France plunged by 77% in 2013, following a   
   >> plummet of 35% the year before.   
   >>   
   >> Gone are the days when France was a magnet for foreign firms thanks to a   
   >> welcoming tax structure. In 2006, it attracted 88 billion euros and was   
   >> fourth in the world. Now, companies are steering clear, with disastrous   
   >> results for employment and R&D.   
   >>   
   >> Thanks to Hollande's hatred of business, the country has tumbled out of   
   >> the top 20 destinations for overseas business, with investments   
   >> nose-diving to 5 billion euros.   
   >   
   > he doesn't hate business...he just wants to bankrupt it so's   
   > he can take it over and run it properly   
      
   Properly means fairly.   
      
   Workers are at a disadvantage to those who own capital. The state must   
   intervene by cutting the legs off the latter.   
      
   "Thomas Piketty’s new book, “Capital in the Twenty-First Century,”   
   described by one French newspaper as a “a political and theoretical   
   bulldozer,” defies left and right orthodoxy by arguing that worsening   
   inequality is an inevitable outcome of free market capitalism.   
      
   Piketty, a professor at the Paris School of Economics, does not stop   
   there. He contends that capitalism’s inherent dynamic propels powerful   
   forces that threaten democratic societies.   
      
   Capitalism, according to Piketty, confronts both modern and modernizing   
   countries with a dilemma: entrepreneurs become increasingly dominant   
   over those who own only their own labor. In Piketty’s view, while   
   emerging economies can defeat this logic in the near term, in the long   
   run, “when pay setters set their own pay, there’s no limit,” unless   
   “confiscatory tax rates” are imposed.   
      
   >   
   >> The result of Hollande's left-wing detruction of French business can be   
   >> seen and heard on the streets of London and is summed up in one amazing   
   >> fact: you're statistically more likely to overhear somebody talking   
   >> about snails than jellied eels.   
   >>   
   >> 400,000 French have quit the high-tax hell of France and are living in   
   >> London. An artefact of globalisation? Hardly: only 39,000 Brits have   
   >> travelled in the opposite direction.   
   >   
   > the red eds will finish what bliar and the clown started, and fix it   
   > so's britain will pay the bill for it...ever closer unions   
   >   
   >   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   
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