Perhaps Britons demand higher wages because living costs are higher? You refer to banking and the 'service sector' as 'industries' but they don't make anything. They don't provide anything. They just push money around. A country cannot sustain itself if it has no manufactures, as Britain has not. But considering you're both dogmatic neoliberals I shouldn't even both this facile debate. Best wishes.
9/12/09 at 11:45pm