Real, Living Socialism!

Likely nostalgic for some image of the 19th Century, blowhard Arnaud Montebourg (who once called for the formation of 6th republic,) France’s industry minister declared how proud he is of the nationalization of a failed steel plant, saying “the whole world is doing it”, and calling it a “modern solution”. He returned into his shag carpeted van shortly thereafter. The owner of the plants’ comments? Eat me. They only ended up with it because it was bankrupt in the first place. It’s dragging a multi-national maker of the productive world’s feedstock down.

For not making their outlandish delusion about economics feasible, they “hate” you, and their politician can’t wait to shoot themselves in the foot to pander to the even more irrational constituents of the department where the failed mill is located.

Lakshmi Mittal is a household name in France now but not for the right reasons. Ever since he took over Europe's Arcelor in 2006, Mittal hasn't been able to shed his image as the big-bad mega-rich Indian who came to France to lay off workers and drive French steel industry to ruin.

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The recent Mittal row in France is over ArcelorMittal closing two furnaces that employed 629 workers at Florange in eastern France. The furnaces were temporarily closed for nearly 14 months but Mittal said on October 1 that the closure will be permanent, citing difficulties affecting the French and European economies.

This is what you end up with, when you see society as an extension of the state.