The model of 'flexible' labour markets with few(er) protections for workers & curtailed unions was (mainstream economists predicted) going to delver innovation, spur entrepreneurship & lead to better-paid jobs... but we actually have got from it is an economy patterned by low-wage labour, inequality, falling real wages & labour exploitation (via precarious working).
As Larry Elliot suggests, its time to follow unions urging to try a different way!
Why it’s almost like mainstream free market champions are the most ardent anti-capitalists, because everything they touch destroys markets, property, competition, choice, and agency. I mean who really needs competitors competing in a market place when they can tell how competition works, as perfectly clairvoyant rational utility maximizing scholars. They can pick the winners.
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