The labour Leader thread...

So how do you explain the resurgence of Socialist parties and thier return to governments all over Europe in the last few years?

I was specificity speaking about the UK but I'm seeing the opposite frankly in France, Germany and the UK. You forget UKIP got 4m votes and the Tories won a majorty, and the National Front (France) is gaining huge popularity. Not sure why you think Socialists are getting a resurgence?
 
I was specificity speaking about the UK but I'm seeing the opposite frankly in France, Germany and the UK. You forget UKIP got 4m votes and the Tories won a majorty, and the National Front (France) is gaining huge popularity. Not sure why you think Socialists are getting a resurgence?

It doesn't make any difference what side the parties are on. It is the extremeness of them that is important.

Socialism is today seen as an extreme viewpoint, as is facism, as is the BNP, etc.

Ukip probably does qualify too but it is only really extreme on immigration as opposed to being extreme on everything.
 
What happens when the company is one that makes use of cheap labour outside the UK? Does that mean the CEO can only earn 20X the wage of his employees in Hungary?

Also, doesn't this mean that CEOs of companies that rely on minimum wage roles will be earning much less than say, a CEO of an IT professional services company?

Yep and yep. It would be an incentive for CEOs to move manufacturing back to the UK and improve the benefits of entry level workers. Look at some of the discount supermarkets, they pay their shelf stackers far more than minimum wage and it seems to be helping them to become more popular across the country.
 
Notice it's only the same handful that support labour here that spam these thread. No more then a dozen or so out of the hundreds that visit and post in these forums.

Not really representative of the general population though, considering this is a forum for people with fairly large disposable incomes and who are thus more likely to be center-right/greedy/selfish/without empathy/etc. :p
 
Ukip probably does qualify too but it is only really extreme on immigration as opposed to being extreme on everything.

No because it's not even that extreme on immigration, only to those on the left. It's a strange world we live in when having checks and balances on who come into our own country is seen as extreme and racist!?!! In comparison the US must be run by the KKK!
 
Yep and yep. It would be an incentive for CEOs to move manufacturing back to the UK and improve the benefits of entry level workers. Look at some of the discount supermarkets, they pay their shelf stackers far more than minimum wage and it seems to be helping them to become more popular across the country.

That is never going to happen.

That is pure fantasy.
 
That is never going to happen.

That is pure fantasy.

So when the rest of the world develops and there is no disparity between wages across regions of the world, companies will still outsource manufacturing/services to India/China/etc... because? Increasing the compensation of entry level workers is already happening, although inflation reduces the effects of the governments latest policies.
 
There will always be a country which is undeveloped, which we can take advantage of for cheap labour.

I expect African countries will be next.

What? Have you studied geography at all? There are a finite number of countries... Eventually the entire world will reach an equivalent level of development. It's inevitable unless you're suggesting that capitalism intentionally keeps parts of the world underdeveloped through various systems such as debt restructuring and corporate regulation, which whilst true, won't last forever.
 
So when the rest of the world develops and there is no disparity between wages across regions of the world, companies will still outsource manufacturing/services to India/China/etc... because? Increasing the compensation of entry level workers is already happening, although inflation reduces the effects of the governments latest policies.

We wont reach that because, those areas of the world will be devastated by constant storm activity, receding shorelines, De-oxidified waters and probably a disease or two.

Such is life.
 
We wont reach that because, those areas of the world will be devastated by constant storm activity, receding shorelines, De-oxidified waters and probably a disease or two.

Such is life.

But we generally don't outsource manufacturing and services to areas of the world that are devastated by those things? Indeed, if anything the fact that MORE areas will become affected by such events will mean there is less potential for outsourcing...
 
But we generally don't outsource manufacturing and services to areas of the world that are devastated by those things? Indeed, if anything the fact that MORE areas will become affected by such events will mean there is less potential for outsourcing...

Oh really?

What about mass shortage of hard-drives because Thailand was flooded? (few years ago)
 
Oh really?

What about mass shortage of hard-drives because Thailand was flooded? (few years ago)

Hence "generally". IIRC hard drive manufactures then began moving production elsewhere in the country and region.

Risk assessors in the company will have decided that the risk of another flooding event of such impact is unlikely in the short term. If that changes, production will move somewhere more stable and potentially more costly.
 
Has AlecR realised yet that banging the "CEOs are worth what they are paid! That's the free market!" drum is at direct odds with his "why do we allow certain tube drivers to be paid what they do!" stance in the strike thread?

Because uh, it is. Take a step back and think for a second instead of just being some sort of neoliberal posting bot.
 
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