Monday, December 16, 2019
Why does London favor Remain?
A revealing feature in Politico.eu. A writer who recently emigrated from Romania does an undercover day of ditch-digging work. He fits in easily with the other Eastern Euro migrants.
His unsurprising point is that the London upperclass depends on CHEAP foreign labor, which is exactly why they ferociously favor Remain. The rich fuckheads are constantly improving their houses, trying to gain equity in a rising but risky market. They also consume lots of other CHEAP services like child care, again mostly foreign.
How CHEAP is it? He was paid 50 pounds for a 12 hour day. That's about 80 dollars.
Compare this with Henry Ford's 1914 decision to pay $5 for an 8-hour day, which soon forced other factories to follow suit.
$5 in 1914 = $125 current dollars for an 8-hour day = $15/hr.
The foreign workers are getting $80 for a 12-hour day = $6.70/hr.
Unsurprisingly again, Gilded Age 2 is an EXACT replay of Gilded Age 1.
Labor unions, and the Labour party, used to defend the skills of BRITISH workers from cheap foreign competition. Now the unions are gone and the Labour party is solely defending the cheap foreign competition. Defending real estate against skill estate. And they can't figure out why they lost.
Labels: skill-estate
¶ 2:37 PM
