Author Topic: RMT -- holding London hostage?

librarian

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RMT -- holding London hostage?
« on: September 10, 2007 »
The phrase "makes financial sense" is a good one. It means paying as much money to suits and shareholders as possible, while screwing the staff. It means paying public employees salaries that are below the private sector equivalent, while saying "but look at your pension" (on average, only 4k a year), then launching a campaign to vilify the staff for their "perk".

It involves using terms such as flexibility and mobility to mean uncertainty and lack of security, while not extending that to the suits. It means short-termism, where companies are run into the ground for an immediate profit and their extinction in the short term. It means Private Equity and asset-stripping, the Beeching Axe and the Independent Insurance company.

It means rail maintenance contracts where a sum of money is paid from which maintenance costs must be extracted, the maintenance company deciding what work is necessary---until lots of people die.

It means water companies lobbying for new reservoirs rather than fixing their leaking pipes, because capital investment allows them to raise prices whereas maintenance work doesn't.

More than that, "good financial sense" means that corporate greed is the best thing in the world, whereas wanting a wage and a job is simply selfish greed.