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Meanwhile 3000 migrants gather at US border - what next?

of course, but that's all down to supply and demand

oversupply of workers = lower wages

econ 101

well if that's the case, then since mass immigration to the UK began, why has the NHS gone to the shitter, zero hrs contracts have proliferated, welfare has been slashed, bedroom tax etc etc.....or is it just the nasty old bogeymen of the Tories and 'greedy bosses' yet again...:rolleyes: SUPPLY AND DEMAND ...look it up, you obviously don't know what it means!

sure, they make the decisions BASED ON supply and demand. That's how capitalism works.
fairly obvious Pickman has run out of steam some time ago, nothing but repetition from this boy.
i've posted up my educational credentials. let's see what you've got to show now. and i don't think you're really in a position to witter on about repetition.
 
sure, they make the decisions BASED ON supply and demand. That's how capitalism works.
let me give you an example: let's say you introduce a new sort of sick bag onto the market. there are already a range of other sick bags available, and yours likely not very different. you won't pay any attention to supply and demand would you. you'd promote your product regardless of its quality, making out it's new and fresh and that.
 
That's where employment/workers rights come in. You know like the minimum or living wage, to stop capitalist, exploitative twats being able to pay people less, by law.
they may be able to pay a mininum number of dollars, but can put up prices of other things, such as rent - as well as making people WORK HARDER for the same pay, which is effectively getting paid less

and of course they can strip away workers bens etc..if there's so many willing workers out there, then they can get away with it AS IS EVIDENCED IN THE UK TODAY - all made possible by the Left!
 
let me give you an example: let's say you introduce a new sort of sick bag onto the market. there are already a range of other sick bags available, and yours likely not very different. you won't pay any attention to supply and demand would you. you'd promote your product regardless of its quality, making out it's new and fresh and that.
and your point is...?
 
And you think anyone acutally gives a fuck?:confused:
what's peculiar about you is that you equate educational attainments with intelligence - Duncan2 uses the word thickos or thickies, you demand to know his educational credentials. i have a pop at lenin and trotsky and you think i'm having a pop at the soviet union. you can't understand arguments or indeed english particularly well. so it doesn't to me matter what educational attainments you've acquired, they'd be hollow triumphs as they'd be obscured by your stupidity.
 
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- all made possible by the Left!

yep - "the left" have been the cause of so much over the past 20 years - the rise or the far right, trump, brexit, decline in wages cos mass immigration, globalisation - its incredible when you consider they have not been in government in a single major economy or anywhere outside of greece and a few countries in south america and have no say in bodies like the IMF or WTO or the G8.

How do they do it?

I guess it must all be down to George Soros
 
that's just a cop out - your 'point' mentioned nothing about labour supply
your powers of observation are keen indeed. you said that capitalism worked on the laws of supply and demand. i'm saying that it doesn't, and gave you an example. there is no actual onus on bosses to take on people at $5 an hour (especially when the federal minimum wage is $7.25 an hour). no one actually makes bosses employ people at rates which undercut their current wages. just because there is a supply doesn't mean there is a demand. and for your point to be in any way valid, it would have to be universal (your 'that's how capitalism works'). that's clearly not the case. there is, for instance, a great supply of people wishing to work in libraries. but library wages are not going down in the way they would if your 'that's how capitalism works' held water.
 
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of course, but that's all down to supply and demand

oversupply of workers = lower wages

econ 101
sure, they make the decisions BASED ON supply and demand. That's how capitalism works.
Economics isn't a science. It's politics. What isn't included in GDP such as housework, caring for relatives etc is ideological. Why inflation doesn't include house and asset price rises.

Neo-liberal economics makes grossly oversimplified models. People are reduced to rational actors making informed decisions in perfect or efficient markets.
 
no they friggin don't , not if on min wage - that only pays £120 /yr in tax, and that's WAY LESS than the tax credits they recieve at the same time, not to mention all the other bens


isn't it the case that it is only the UK that has tax credits or top ups, and that benefits the bosses, but also the migrants.
 
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