Friday, 24 July 2009

*Market Failure

EDF, who have nuke contracts with neoLabour and are sponsoring the greenwash "Green Britain Day", are fined by OFGEM for delivering poor 'customer service':

Proponents of the idea that the free market and "competition" will improve service as companies compete for "customers" is once again shown to be the fallacy that it is. Instructive too is the fact that the Vestas plant in the IOW was actually making a profit - another example of the failed logic of capitalism.

No comments: