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View Diary: Tip of the iceberg - politics in Iceland today (update) (188 comments)

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    susie dow, Land of Enchantment

    that are on the economic margins.

    Back in the '40s, during WWII, a steel-making industry was built in Cape Breton, Nova Scotia. Now, you need three main raw materials to make steel: coal, iron ore, and limestone. Cape Breton only had the coal, the rest had to be shipped in. (There was also an excellent harbour and a large available workforce.)

    In wartime this sort of economic inefficiency gets glossed over. But in peacetime the fundamental lack of viability became obvious, and after decades of political infighting, subsidies, environmental degradation and heartache, the industry finally died, leaving a legacy that haunts Cape Breton still.

    -8.38, -7.74 "Keep it confused. Feed it with useless information. I wonder if I have a television set handy?" - Doctor Who (1967)

    by Wreck Smurfy on Fri Jan 23, 2009 at 04:47:51 PM PST

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