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Downstream: Woke Capitalism Just Collapsed. Here’s Why w/ Brett Christophers

Novara Media

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The Downfall of UK Privatization

This chapter critiques the financial fallout from privatization efforts in the UK, particularly by the Ministry of Defence. It contrasts failed privatization strategies with China's stable economic practices, revealing that motivations were often driven by immediate financial needs rather than ideological beliefs. The discussion emphasizes the significant long-term losses to the public from privatized assets, especially in housing and utilities, alongside the challenges in managing these sectors effectively.

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