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Tesco loses UK legal battle over plans to ‘fire and rehire’ staff on lower pay
(www.theguardian.com)
A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
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They also argue that the business would go bust or move out of the country, both resulting in far wider job losses. I don't doubt that a small minority of businesses might fit into this but a business the size of Tesco that made a couple of billion of profit last year and is heavily dependent on physical sales in the UK to achieve that.
Same argument is used against the likes of Amazon or Apple paying fair taxes or wages, they do about 30 billion and 1.5 billion of sales of mostly physical goods here respectively, that they would have to give up on, which is just not going to happen. Apple has about half the UK mobile market, like they would give that up.
This is what I always say when arguing about this at work, that if a company is making X billion in profit and we decide to tax them heavier so they only make half of X billion in profit they’re not going to leave as that’s still at lot of profit.
Sure there is an argument that it could set a precedent in other countries to tax harder but still some profit is better than no profit and if not then you don’t have a viable business anymore and someone else will capitalise.
Capitalist hate competition once they got market share...
The fact that they are able to corner us with help of state actors is an abomination and yet bootlickers love it.
I sometimes think the only people who hate capitalism more than leftists are "successful capitalists". It would help explain why they've always trended towards fascism since before the term was even coined.
"suffering from success"
Or they don't believe this is what a capitalist system is. That one really gets me because I don't know where to start on defining capitalism.
Or they see this court success as a good thing and that a market will always need careful guidelines to prevent a company from being able to make insanely greedy decisions.