On Fri, 28 Nov 1997, Doug Henwood wrote: > >It's magic: lower incomes + higher labour force participation = a lower rate > >of unemployment. This precisely confirms the right-wing nostrum that there > >is no such thing as involuntary unemployment. At a low enough wage, there is > >a job for everyone who wants to work. Kick out the "barriers" to "labour > >flexibility" and unemployment will fall. > > The "right-wing" analysis is not entirely untrue. Provide no welfare state, > or dismantle an existing one, and you can force lots of people to work any > kind of crappy job at any kind of crappy wage. The problem with this isn't > its untruth but its brutality. > Anecdotal evidence at least from New Zealand's experience with the Employment Contracts Act 1991 would seem to confirm what Doug is saying. At least in its early days as employers were dismantling penalty rates (overtime, shift premiums, etc) workers were lining up for no-wage, experience-only jobs. The problems was especially acute for younger workers for whom the law provided NO minimum wage. By 1993, even the conservative National Government, the author of the law, recognized that conditions were so bad they had to enact a Youth Minimum Wage. I have copies of some contracts that, aside from wages, provide some amazing provisions. My personal favorite is the contract that exists minute to minute and can be terminated at any time. One can only speculate about the meanness of the company that would want to employ its workers in this way and the conditions of the workers that makes them willing to accept this. Ellen J. Dannin California Western School of Law 225 Cedar Street San Diego, CA 92101 Phone: 619-525-1449 Fax: 619-696-9999
Re: Global Financial Crisis II
Ellen Dannin <[EMAIL PROTECTED]> Fri, 28 Nov 1997 10:17:54 -0800 (PST)
- Re: Global Financial Crisis II valis
- Re: Global Financial Crisis II Doug Henwood
- Re: Global Financial Crisis II Tom Walker
- Re: Global Financial Crisis II Colin Danby
- Re: Global Financial Crisis II Tom Walker
- Re: Global Financial Crisis II Doug Henwood
- Re: Global Financial Crisis II Doug Henwood
- Re: Global Financial Crisis II maxsaw
- Global Financial Crisis II Ellen Dannin <[EMAIL PROTECTED]>
- Global Financial Crisis II PHILLPS
- Re: Global Financial Crisis II maxsaw
- Re: Global Financial Crisis II Tom Walker
- Re: Global Financial Crisis II Tom Walker
- Re: Global Financial Crisis II Rosenberg, Bill
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