In another place, regarding the coronavirus closure of an hotel in Cornwall, I said:
Well, it’s interesting that the hotel is owned by Shearing Holidays, which is owned by Specialist Leisure Group (SLG), which is owned by American Private Equity Group Lone Star Funds. Thus the money rises… Isn’t Capital wonderful !
And they own the hotel along the road, and 2 other hotels in Cornwall…
Come back Basil Fawlty…
The thing about modern Capital is that they concentrate on buying other companies until the Iron Law of Monopoly is fulfilled, and so cut competition and make profits vanish upwards, rather than wanting to encourage local skills. To them, the people of the West are just there to buy stuff.
Old Trump may have done little for his rust-belt voters, but his opposition just wanted, and wants, to ‘retrain’ them for non-jobs and denigrate their annoying beings. Neoliberalism Kills. Only the few have any importance to modern political parties.
Choices offered are mostly illusory thanks to companies holding companies:
If you buy from Fruit of the Loom money rises to Warren Buffet.
If you buy from The Gap money rises to George Soros.
Apart from which neither old fellow is hurting for money, and each should be at his prayers.
“What ought to happen,” said the Biscuit, “is this. If I had the management of this country, there would be public examinations held twice a year, at which these old crumbs with their hoarded wealth would be brought up and subjected to a very severe inquisition. ‘You !’ the Examiner would say, looking pretty sharply at Frisby. ‘How much have you got ? Indeed ? Really ? As much as that, eh ? Well, kindly inform this court what you do with it.’ The wretched man, who seems to feel his position acutely, snuffles a bit. ‘Come on, now !’ says the Examiner, rapping the table. ‘No subterfuge. No evasion. How do you employ this very decent slice of the needful ?’ ‘Well, as a matter of fact,’ mumbles old Frisby, trying to avoid his eye, ‘ I shove it away behind a brick and go out and get some more.’ ‘Is that so ?’ says the Examiner. ‘Well, upon my Sam ! I never heard anything so disgraceful in my living puff. It’s a crying outrage. A bally scandal. Take ten million away from this miserable louse and hand it over to excellent old Biskerton, who will make a proper use of it. And then go and ask Berry Conway how much he wants.’ We’d get somewhere then.”
P. G. Wodehouse : Big Money