The economic fact that the Tories refuse to accept

Last Updated: August 26, 2022By

I found this little video, explaining why it makes more sense economically to pay workers enough money to meet their needsĀ and have a little extra for leisure/comfort.

It’s pretty well established by now that such pay rises don’t drive up inflation – that comes from greedy company bosses whose profit motive demands that they increase prices arbitrarily. Am I right?

With that in mind, here’s the clip:

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2 Comments

  1. Paul Grayshan August 26, 2022 at 11:57 am - Reply

    You might also like this one – a demolition of neoliberalism – https://www.youtube.com/watch?v=th3KE_H27bs

  2. Stephen Licence August 26, 2022 at 4:59 pm - Reply

    From corner shops to multi-nationals, NO business can survive without the customer at the consumer end. A customer without money is just a wishful thinker.

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