Friday, November 6, 2015

Following the Money is Always a Productive Route to Disclosing the Roots of Policy

Excellent article on the City of London's support of UK nuclear:

Jeffrey Henderson. Britain’s nuclear deal with China is a boon for bankers – and no one else. The Conversation, November 5, 2015 11.15am EST 
At first glance, it seems an almost inexplicable paradox. A right-wing British government has invited companies controlled by the Chinese Communist Party – and in one case, the Chinese military – into the heart of the UK’s strategically vital energy infrastructure. The nuclear deal between Britain and China goes against the advice of the security services, the military and the US government. So to explain this paradox, we must look carefully at another major deal in the British government’s flirtation with President Xi Jinping: the inter-penetration of the two countries' financial services.
Excellent and revealing discussion.

In my previous blog posts, I've explored the interconnection of centralized financial power and the nuclear industry:

Former DOE Employee Goes to Work for

I also recommend Gabriel Hecht's excellent book Being Nuclear.

1 comment:

  1. They have money on their side and power on their side but, time, life support systems, and their general health ability to carry on, is diminishing at an accelerated rate.


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