CdM] You're right in that I wasn't defending the practices I listed (and I'm pretty sure Rosie wasn't either). The point we were making was that it's a conscious political choice for the government to let Rover go to the wall, and that this is a bad thing. I'd echo most of INJ's and Raak's answers to rab, as well. I think it is the government's responsibility to do something about employment.
There's a really lovely argument in Peter Singer's The President of Good and Evil against the "it's my money" position re: tax (and by extension re: interventionist economic policy), which I'm now going to have to dig out and mention. There we go, the book was useful for something after all.
[Irouléguy] By that reasoning, pretty much everything is a conscious political choice. Your local newsagent closes down? Conscious political choice -- the government could have paid them two million pounds to stay open. You chose to go onto the internet today? Conscious political choice! -- the government could have bribed you not to.
If you want to make an argument for why the government should intervene in this particular case (and a good argument has to be one that also explains when the government should not intervene), then that's fair enough and I would be interested to hear it. I have to say I think Raak's summary is the appropriate one here, though: Rover were making something that people didn't want to buy. The End.
(On the other hand I disagree with Raak on the 'it's my money' argument, but I think that is a whole different debate.)