Mandelson fails to get capitalism

This post was written by Reuben Bard-Rosenberg on February 3, 2010
Posted Under: Capitalism,Labour,News

Mandelson made me chuckle today. A couple of hours after shareholders approved Kraft’stakeover of Cadbury’s he met with Kraft’s CEO. Speaking to the BBC about the meeting he expressed his “dissapointment” that Kraft had failed to give him specific commitments about keeping jobs in Britain, and told of his determination to get firmer, more specific commitments over the coming months. This strikes me as rather similar to a man pouring chilli powder into his soup and then expressing his “disspointment” that it is too spicy. As the man who has always pushed the door open to private enterprise, and who has extolled its virtues, surely he should understand a little about about how it works – namely that kraft have no reason to give a flying fuck about his quaint desire to stop too many brits losing their jobs. Mandelson made his bed. Sadly it will be the poorest and most vulnerable sections of British society who have to lie in it.

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