Priti Patel Quotes
On the Left, there is an emerging nostalgia on for renationalisation as a panacea for all our economic challenges. Every train fare increase, water price rise or electricity rate change triggers a well-orchestrated hue and cry for our essential infrastructure to be taken back into public hands.
Patel, Priti. "We Must Protect Consumers and Investors from Labour's Plans." The Telegraph, Telegraph Media Group, 17 Sept. 2018.
Ironically the far right wing Fascists and the far left wing Communists agreed on this point: nationalization.
1st Viscount Snowden. Nationalization is when a nation or state determines that certain industries of areas of the economy should be reserved for the government to operate. Private companies, if they have been operating a nationalized industry losse their rights to continue in that business and may even lose their physica assets in which case th form is supposed to be paid a fair price. In 21st century America we have very few nationalized industries. One of these is the manufacture of nuclear weapons. Communist counties have many if not most of the economy nationalized. From the 19th century socialism has evolved from a belief that most people will best be served by nationalization of most of th major economic functions. However, over time this did not meet Socialism’s other objectives and nationalism became less popular with socialists. Snowden, a leading socialist, wanted to get rid of the concept entirely, and today there are very few situations where there are calls for nationalis. Even the few remaining communist nations are privatizing (the opposite of nationalizing) some of their economy.
The first part of this quotation has defined the attitude of most Americans towards private enterprise and government since then. The second part of the quotation—the undesirability of public ownership of railroads has given way to the modern problem that no passenger railroad can be operated profitably by anyone—private or public. So Roosevelt’s “far-reaching disaster” was finally complete with the Federal Government taking over responsibility for Amtrack.
The State Department pressured counties to involve the private sector of foreign countries in aid programs.
This is a very interesting quotation in that right wing parties are usually opposed to any kind of Government ownership and control of business and industry. However, Fascist parties have usually wanted to commandeer business and industry for the central purposes of the dictatorial state. The French National Front Party had its roots in the WWII French Vichy Government—which was allied with the Nazis to bring Fascism and racism to France.
He was favoring state confiscation of land holdings in excess of four times the value of the standard land allotment. What is most interesting about this quotation is that the maximum ratio Plato would allow was 4 times the average. However in the 21st century, there were corporate executives being paid at 1000 times the averate wage with most conservatives believing that this (or any other ratio) was not excessive.
The prime minister had a political and philosophical position that government should not interfere with or set or control pricing in the economy. However, a scandal broke out involving payday lending—short term lending the working class does to tide them over till pay day if they run out of money. Lenders were charging huge interest rates beyond anything that is conscionable. Cameron’s government placed controls on interest rates and other facets of that industry as they might have lost a vote of confidence in Parliament had they not acted. He was then questioned about the hypocrisy involved in his regulation, and he gave this amazing quotation, which was the classic reason for government price controls on the private sector that had been given by the Labor Party opponents for years. This also distressed extreme conservatives, who argue that market controls are always preferable to government controls.
Priti Sushil Patel is a British politician serving as Home Secretary since 2019. She previously served as Secretary of State for International Development from 2016 to 2017. A member of the Conservative Party, she has been Member of Parliament (MP) for Witham since 2010. She is ideologically on the right wing of the Conservative Party and considers herself to be a Thatcherite.
