by Shadow chancellor sets out plan to end in-work poverty and cut working week to 32 hours Larry Elliott is one of the few people at the Guardian who's still on the left. He was always anti the EURO and now we know he was right.Productivity has greatly gone up over the years, but pay and hours worked hasn't changed, says John McDonnell. All the gains have gone to the wealthy.The Confederation of British Businesses say we can't afford a cut in the working week, and I guess they will cite that's because the competition is so fierce, which means globalisation is useless at creating prosperity for the the majority of the people. As more automation takes over, they will still be saying the same thing: cut your working week or increase your pay and someone else will take your job. That means the
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Lars Pålsson Syll writes I am I said
Lars Pålsson Syll writes The non-existence of economic laws
Michael Hudson writes Gaza – Civilization will Win over Barbarism
John Quiggin writes The war to end war, still going on
Shadow chancellor sets out plan to end in-work poverty and cut working week to 32 hours
Larry Elliott is one of the few people at the Guardian who's still on the left. He was always anti the EURO and now we know he was right.
Productivity has greatly gone up over the years, but pay and hours worked hasn't changed, says John McDonnell. All the gains have gone to the wealthy.
The Confederation of British Businesses say we can't afford a cut in the working week, and I guess they will cite that's because the competition is so fierce, which means globalisation is useless at creating prosperity for the the majority of the people. As more automation takes over, they will still be saying the same thing: cut your working week or increase your pay and someone else will take your job. That means the elite will always make all the gains. We need to rethink the system; in this one the game is rigged and the tables are tilted.