Britain’s Hollowed Out Research and Development Base – 40 years in the making

In the late 1970s, Britain was one of the most research intensive economies in the advanced world – now we are among the least.

So, it has taken us over 40 years to hollow out our manufacuturing and Research and Development base and ‘infrastructure’. It is going to take just as long to rebuild it – so the sooner we start the better. But we will only start this process if we finally recognise that we must move away from the rent-taking economy which we have built up since we have ditched the post-Second War consensus based on fairness rather than asset-strippng.

 

Advertisements
This entry was posted in Uncategorized and tagged , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s