Despatch: Steel Trap — Why Nationalisation Won't Work

18 Apr 2025 • 5 min • EN
5 min
00:00
05:55
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Harry Phibbs asks a pointed question in this week's Despatch: if nationalisation has failed before, why are we doing it again? With Parliament recalled for an emergency Saturday sitting to save British Steel, the political consensus was deafening — and expensive. But is this really a matter of national security, or just another costly round of state interference dressed in patriotic clothing? From HS2 to Net Zero, Phibbs argues that consensus is the real danger — and nationalised steel is the latest case in point. Tune in for a sharp-eyed look at Britain’s industrial nostalgia, and why we should all be watching our wallets. Hosted on Acast. See acast.com/privacy for more information.

From "The Capitalist"

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