Boatboy says: "We have no control over what wages are paid or what
conditions are offered to workers...if the unions hadn't forced our
industry to shut down years ago maybe we would have some
control as we would have our own industry..."
Would you want your sons and daughters to slave
for low Bangladesh wages in a squalid sweatshop?
That's the only way lost jobs can be repatriated.
Capital flows to wherever non-union workers are
desperate, there's no social security, laws are
lax on over-crowding, work-place safety and
pollution. And corruption is widespread.
To Capital, Bangladesh is Paradise as it replicates
the Dark Satanic mills and squalor of Manchester
where Karl Marx wrote the part of 'Das Kapital'
where he predicted a French-type revolution
after seeing the seething worker discontent.
But Marx got it wrong. There was no revolution.
What Marx did not foresee was the emergence
of Labour Unions that (bit by bit) got decent
wages and conditions. Workers had money
to spend and that created vast industries
that (to this day) thrive on Consumption.
When a boss cuts wages, another boss
goes broke - as lower wages reduce
worker demand and consumption.
President Hoover cut Federal pay.
He turned a US Recession into
the 1930s Great Depression.
Tony Abbott wants to slash public servants.
To keep donations from Big Biz flowing into
Liberal coffers, Tony Abbott (if elected) will
disinter Work (No) Choices for workers, but
call it Labour Market Reform to give donors:
No Unions. Low Pay. No Fair Work Australia.
Coming soon to your TV at dinner time:
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