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In the UK, a north-south divide, decaying industry not replaced, and the changed landscape of our cities and towns push the the electorate towards a protest vote.
"To paraphrase Mr. Churchill, I did not become head of the Motion Picture Association to preside over a decaying industry," he said.
As Mr Mittal usually went after underperforming assets in privatisations, or arranged friendly takeovers, he was often applauded as a useful outsider invigorating a decaying industry.Alas, those good-natured days are over.
Facing million-dollar losses and a decaying industry, he is defiantly, absurdly obstinate.
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The government of President Mohammad Khatami has said that the return of foreign capital is essential to create jobs for the country's growing number of unemployed and to revive decaying industries.
Yes, the free-market counter-revolution boldly instigated by the new Tory government – monetarism, the abolition of exchange controls and the refusal to go on propping up decaying industries – was a large part of it.
These include zoning preservation of ecological functions, building up biodiversity corridors to link important habitats, optimizing industrial development scales based on available water resources and by placing a priority on ecological water use, and prohibiting a transfer of the decaying industries to the west from the east.
For example, many western cities welcome without any wise tradeoffs the decaying industries transferred from the eastern part of China that pollute the environment and give low value added.
They include chronic oil spills, land lost (Louisiana alone losses a football size of land every 30 minutes due to soil erosion in part because of canals from the industry), decaying infrastructure, and impacts on marine life.
It is far easier to take peat from bogs than to manufacture compost from other decaying material like timber industry waste, and peat is much lighter and less expensive to ship.
Tyler Cowen poses a question at the intersection of economic theory and the decaying husk of an industry that is book publishing.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com