LateThanNever
Member
- Joined
- 18 Jul 2013
- Messages
- 1,027
Perhaps if we are post industrial we need to review where we are and what we are doing and whether it is actually possible to keep growing year on year etc, whether it is possible to continue making savings.
A company may have a target to improve by 10% year on year but it is actually impossible because in theory to do that they have to take over the world but of course once done that they can't grow any more.
We only need to look at companies in the FTSE 100, invariably they get to a size and then suddenly something goes wrong and they crash back down again. Their chief executives etc might lose their jobs but often get paid off and certainly never seem to refund bonuses earnt before getting there.
I have no objection to entrepreneurs being rewarded for their efforts as invariably they have put themselves at great financial risk to get there but what about the chief execs of other companies?
Is it a good idea to have board members in their 30's and 40s? Do they have the necessary experience in life? In the meantime the foot soldiers at the bottom are looking at not retiring until their 70s due to the inability of the country to support pensions.
In my opinion this country and indeed the western world cannot go on as it is because we will run out of money at some point. The reality is we need employment, and we need to get away from this view that we need to run everything as cheaply as possible. We need to realise there may be benefits to having happy content staff, we may have to accept certain alledged inefficiences.
I think one reason that some travelling members of the public support rail staff in this dispute because they are fed up of cuts in their own workplace and realise that these constant cuts just are not sustainable
Agree with this - except a sovereign currency issuer, such as the UK, can never run out of money as long as it can find people willing to accept £s sterling for goods or services required. There is no sign whatever of that acceptance running out, which is why not being able to 'afford' guards for a better travelling experience is as big a con as austerity itself.