I do not give a damn about Liverpool, it can go into the sea as far as I am concerned. We will think differently. We are saying the age of the machine is over. In the age of industry the masses were needed, they were needed for the factory, they were needed for the military. It has all been automated now.
Talent has to compete on price now, labour is a commodity.
When there is an over-supply of a commodity, the only way is down. If we have, as in Europe, schemes on welfare, maternity leave, the Social Chapter, these are all overheads that ultimately companies have to pay. This will make them uncompetitive when competing against Bangalore, which does not have any of this sentimentality, and what most of the Far East would call sentimentality, Judaic or Christian sentimentality. We are trying to impose democracy on the world and it is seen as a form of intellectual imperialism.