Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-09-12-Speech-1-120-000"
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"en.20160912.19.1-120-000"2
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"Mr President, cohesion or regional subsidy is too often a means to throw good taxpayers’ money after bad. In the real world, to help SMEs to deliver growth you have to make markets work and make them deliver high quality competitive products and services from satisfied, well—paid workers. You put the role of the market centre stage but only as a vehicle to deliver prosperity, not as an ideological end in its own right.
Getting markets to operate in the general or public interest is one of the most vital, yet difficult, tasks of politicians. We have to recognise the massively damaging consequences of all cartels and oligopoly, and of private monopoly and state control – in short of cronyism at taxpayers’ expense. There is little or nothing in these reports which shows any understanding of this. What is required is not cronyism, but proper competition which is not rigged or manipulated. That has to mean lots of players in the market, none of whom is able to achieve dominance. Dominance does not just mean monopoly. It also means a small number of big players effectively operating as a cartel.
As usual, the EU starts with worthy intentions but, because it does not understand the nature of the problem, it will waste money, achieve little and probably make the situation worse. That is why my country has voted to leave."@en1
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