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Gerhard Stoltz's Library tagged labour   View Popular

26 Nov 09

German politicians, media warn about the next global financial crisis

  • Schäuble compared the present financial crisis with the fall of the Berlin Wall twenty years earlier. “The financial crisis will change the world as powerfully as did the fall of the [Berlin] Wall. The balance between America, Asia and Europe is shifting dramatically,”

  • According to the magazine, the price-earnings ratio—comparing the market value per share to the annual earnings per share of the respective enterprise—has reached a historic maximum of 133. A price-earnings ratio of 14 or more is considered to mean shares are valued excessively.
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09 Nov 09

Klassekampen : Klassens mann

  • Rundt 1960 tok en ung Tor Halvorsen over formannsklubba i arbeiderforeninga, og ble et symbol på samarbeidslinja mellom LO /Arbeiderpartiet og bedriftsledelsen.

    - I hans tid ble 1500 ansatte rasjonalisert bort på Herøya. Rett etterpå dro’n til Oslo og ble LO-sekretær. Det er klart at vi blei påvirka av det der.

How do we fight when union leaders waver?|31Oct09|Socialist Worker


  • But the role of union leaders means that they are in favour of reforming capitalism rather than overthrowing it. That means they will only take things so far.


  • Rank and file action had won – and saved the union in the process. Management has attempted to chip away at its strength since, and has also launched full-scale offensives, such as the one that that we are seeing now.

08 Nov 09

The “No” vote at Ford

  • The vote is a historical milestone. It is the first rejection of a national contract since 1982, and the first at Ford since 1976. In the intervening three decades, the UAW has devoted all of its energies to suppressing the resistance of auto workers.

  • These threats will be intensified. There will be a drive to impose concessions in work rules and other productivity measures. The threat of removing work, cutting jobs and shifts and even closing entire plants will be used to pit plant against plant and local against local, and to pit American workers against workers in Canada and elsewhere in order to divide, weaken and demoralize the work force.

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31 Oct 09

US wages and salaries rise at record-low levels

  • The fall in consumer spending, the largest since December, is in part the result of the end of the government’s cash-for-clunkers program on August 24. Economists have said that this program, among others, accounts for much of the increase in third-quarter consumer spending and GDP.

17 Oct 09

BBC reveals plan by Royal Mail and Labour government to break postal strike

  • The further reduction in staffing is to be offset by greater speed-up and increased workloads. Managers have already imposed shift changes and revisions to delivery routes.

  • “But if they refuse, we have positioned things in such a way as there is shareholder, customer and internal support for implementation of change without agreement” (emphasis added).

    The government is the only “shareholder” in Royal Mail.

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08 Oct 09

America’s Dead Souls: 8 Reasons To Hate Our Billionaire Bolsheviks - By Mark Ames - The eXiled

  • The effect of these two rapacious ruling elites is the same: the state and the people serve the tiny ruling class; and when we’re not serving them, we can fuck off and die. Literally. Because that serves them too.

  • The great irony of course is that it wasn’t the voters who plundered the public treasury, but rather, the super-wealthy who plundered the public and subverted democracy. But this is worse than mere iro

04 Mar 09

EurActiv.com - Europe facing skills 'mismatch' | EU - European Information on Innovation & Creativity


  • "We are facing an unprecedented mismatch of skills and personnel. Unemployment numbers will rise from 18 million to 22 million this year, even though there are four million vacancies that employers cannot fill,"

12 Feb 09

ZNet - The Coming Fury


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    EOI became one of the key points of consensus between the Bank and Southeast Asia's governments. Both realized import substitution industrialization could only continue if domestic purchasing power were increased via significant redistribution of income and wealth, and this was simply out of the question for the region's elites. Export markets, especially the relatively open U.S. market, appeared to be a painless substitute.

  • Another was to integrate complementary manufacturing operations that were spread across the region in different countries. The aim was to create an Asia Pacific platform for re-export to Japan and export to third-country markets.
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12 Jan 09

Korean Workers get Sirius -- In These Times

  • organized a union three years ago after the company made the women work 13-hour days, six to seven days a week.


  • The National Labor Committee reported that Kiryung supervisors kept production quotas so high that women couldn’t take bathroom breaks. Shifts could stretch to 38 hours, but workers received only two 10-minute breaks, in addition to meals.

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24 Dec 08

Britain: Labour government white paper introduces draconian attacks on benefit claimants

  • By forcing claimants on Incapacity Benefit (IB) to undertake new work capability assessments the government plans to move an initial 260,000 people from IB onto Job Seekers Allowance (JSA). This will mean having their benefit cut from the already paltry IB basic level of £89 a week to just £60.50 a week for JSA.

  • Over the past few years, in preparation for introducing the bill, the government and the media have demonised benefit claimants, particularly those on IB, as shirkers and an intolerable burden on society.

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11 Nov 08

A survey of Spain: Spain's economy | In search of a new economy | The Economist

  • Spain is poor at turning research into patents and products. Investment in biotech, for instance, is now €60m, up sixfold in eight years, but still only a tenth of the British or German total.


  • The renewables industry is subsidised, as it is everywhere, but the country now gets 22% of its electricity from this source, and three of the world’s five biggest renewables companies are Spanish.

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