
Vassal State
How America Runs Britain
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Narrated by:
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Hugh Kermode
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By:
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Angus Hanton
About this listen
British politicians love to vaunt the benefits of the UK's supposed 'special relationship' with the US. But are we really America's economic partner - or its colony?
Vassal State lays bare the extent to which US corporations own and control Britain's economy: how American business chiefs decide what we're paid, what we buy, and how we buy it. US companies have carved up Britain between them, siphoning off enormous profits, buying up our most lucrative firms and assets, and extracting huge rents from UK PLC - all while paying little or no tax. Meanwhile, policymakers, from Whitehall mandarins to NHS chiefs, shape their decisions to suit the whims of our American corporate overlords.
Based on his 40 years of business experience, devastating new research, and interviews with the major players, Angus Hanton exposes why Britain has become the poor transatlantic relation - and what we can do to change it.
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Well researced, sober, no drama lama arguements, no anti-anything, the writer goes ahead and explains everything that is wrong with the current economic setup of the British economy and the reasons why.
As an economic libertarian myself I loved this book. Not only because it exposes the mercandilist nature of our new economy, but also how it shows the entanglement between the multinational companies and the imperial state power, imposing themselves on others. While the CATO libertarians hail this type of economy as the triumph of Capitalism, the rest of us, residing in Europe, facing similar problems and issues we realize how lacking is the current libertarian theory to address delicate core problems of our existence. And at the end of the day homegrown state mercadilism is maybe better than the foreign imposed.
The Belarusian quality of UK's "special relationship".
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