Let it fail

Hi All,

First we bailed out the banks...

And now could we see us taxpayers bailing out a construction company come outsourcing conglomerate added to the list?  Because the said inept company owes a couple of billions to banks... 40,000 employees etc

 I'm sorry and I will doubtless make myself unpopular here,  but if they do bail them out then the capitalist system is dead. The conservative government- who incidentally didn't bail various high profile and now bankrupt  retailers - wouldn't give a shit about ANY of the small businesses I support and invest in. They'd be let go without a second thought. Hence the anti small business measures of spreadsheet Phil , the chancellor, re national insurance,  business rates and other regulations and taxes. Capitalist yes, but only for billion pound companies. The little guy, the entrepreneur , can go hang.

 If the bailout of Carillon happens- hot on the de facto bailouts of several train franchises-  then we're nothing but a corporatist system which favours big boys over the nipper and creative small opposition. If companies are too big to fail then capitalism has failed. We may as well just give Jeremy Corbyn the keys to government and let him nationalise whatever he wants. At least his anti capitalism is honest and open. Enough of the corporatism. 

Let it fail. There will be other companies willing and able to take over the company in administration and split it up into manageable parts.  Yes there's 40,000 jobs at risk. Yes there's a disastrous pension black hole.  But capitalism , the system we have, is based on the idea that businesses have to fail and then others can take up from the failure.