Companies simply couldn’t afford a living wage and as was seen in the vid on What really caused the depression?, when governments interfere in the economy via legislation, things either go down or the extant problems are exacerbated.
It’s not that the conditions of workers are not an issue – they are. Cambodian wages are a disgrace but in relative terms, ours are getting that way too. And there is a case for a union to press for relief from excessive hardship for staff but when does that change to greed and the tail wagging the dog on the part of the unions? Ditto with women in the workforce – when does it cross the line into discrimination?
Coming back to companies, the reason they can’t afford it, as we all know, is because of the parasites on their backs, the largest being the government. If I set up a business, it’s hard enough without the leeches taking huge swathes of money for propping up unnecessary regulatory bureaucracies and their equally parasitic bigwigs on megasalaries. To hell with paying those. They need to have productive jobs, those bureaucrats.
There is a case for a regulatory body but one of them only and much reduced in size, merged with a Companies House – not the rampant bureaucratic wastage of the present day. And their job is to enforce arbitrated agreements between the parties, that’s all – a policing role. There should be no external bodies like the Fed setting interest rates – these should be set by market forces.
A flat 25% is a fair tax on all – no bands, no tiers, no difference between companies and individuals – there needs to be a huge incentive this way for people to try businesses. We set up a business in Australia once and had to front whatever the companies house was called at the time with our articles and the other documentation. It was pretty tough to convince them and so it should have been.
The whole point is that it should be business people in these regulatory roles, not bureaucrats and parachutees. Therefore their own salaries need to be worth the bother.
I wanted to set up a business. I went to the centre of town and negotiated for a space at the market, selling wholesale grain, coffee etc., from sacks, in the Russian way. What should have happened was that I’d need to pay for the stall at a reasonable rate and there should be a government tax on me of 25% of all profits. If I take out a loan, then that’s what I negotiate. There’s what I negotiate too with the wholesalers. That should be all.
As you know, I got nowhere. I had the suppliers, there was no reason not to give me a stall. It didn’t fit in with their strategic plan. Stuff their strategic plan. They also wanted kickbacks from the very start, before it even got to the government avarice.
You’ll smile at such a cloud cuckoo land venture and it was. Why was it? If a nation wishes to have a vibrant business sector, employing people, why on earth is it cloud cuckoo land for me to hope for the conditions I’ve just described?
Central government, local councils and unions are the issue and always have been, the leeches. Let’s not even get into what you get back for your council tax.
And then there is Them – in this case, the EU and Common Purpose.
The traditional way to reverse our situation is for there to be a war. I don’t want that. No one sane does. So how do we root out the greedy parasites? Can companies go on a “fail to pay” strike themselves?
You know the answer to that. Incarceration. The socialist bureaucrats have us in the grip of their bloated, pudgy, greedy paws. They infest every area of public life. They’ve choked the life out of production and then have meetings about how to divvy out the dwindling takings of remaining businesses and taxpayers. Millipede E is going to reinstate 50% [if there's no fratricide in the meantime].
The parasites are not just the government, they’re everyone trying to rake off a percentage of someone else’s productivity. They’re the people who would vote in a party which allows such things, which is all three of them.
They need either preventing or eliminating.