I’m all for union reform, but a bad union is better than no union. Collective bargaining is necessary for workers. And like all developed countries, the UK has far more open housing than it does homeless people. It just restricts access for the sake of profit.
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Replying to @mediocre_danny @KEEMSTAR and
If the NUM - UK miners union - had not several times tried to overthrow governments it's members would still have an industry. You can't pay people anything close to the economic benefit they provide to a company. The first recession/accident will bankrupt the company.
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Replying to @simon_enefer @KEEMSTAR and
“You can't pay people anything close to the economic benefit they provide to a company. ” Why not? How is anything less not considered theft? “The first recession/accident will bankrupt the company.” How?
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Replying to @mediocre_danny @KEEMSTAR and
No the company has £400k of debt, which may cost £10k over 3 months. Your deal just went from making £100k to £90k. What happens if during the three months the new customer goes bankrupt?
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Replying to @simon_enefer @KEEMSTAR and
The company has no reason to go into debt. If the employees consider the transaction favorable, they’d just have a customer on credit. But what happens if the customer goes bankrupt under capitalism?
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Replying to @mediocre_danny @KEEMSTAR and
Again, you have suppliers to pay. The suppliers may not be able to wait to be paid. They have suppliers and workers who need to be paid to.
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Replying to @simon_enefer @KEEMSTAR and
If the suppliers can’t wait to get paid, then they have to determine a form of payment they’ll accept, or they won’t get paid. Can’t go into the market if you’re not willing to make deals. What suppliers would a steel refinery have? Are the miners in a separate company?
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Replying to @mediocre_danny @KEEMSTAR and
But companies will have different financial resources, supply chains etc. Markets navigate this much more efficiently than a bureaucrat saying "Do this!"
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Replying to @simon_enefer @KEEMSTAR and
Markets are navigated BY bureaucrats saying “do this!” Just not public bureaucrats. Frankly, I don’t see any real difference.
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Replying to @mediocre_danny @KEEMSTAR and
Really? What bureaucrats said make the iPhone?Or use a comma system designed to survive a nuclear war to sell books? You are living in a world built by individuals pursuing their ideas despite the bureaucracy, not because of it.
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“What bureaucrats said make the iPhone?” Uh, Steve Jobs? “Or use a comm system designed to survive a nuclear war to sell books?” Werner Vogels & Bezos. Not to mention the *government* bureaucrats who ordered that system. You know corporate bureaucrats are bureaucrats, right?
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