Social-ism in pay deals
Apr 24, 2022
2 minutes
The Labour government is advocating Fair Pay Agreements (FPAs) to raise wages. There’s opposition despite the fact that our economy, one of the world’s best, can’t seem to generate living-wage compensation and worker happiness for a lot of people working 36-40 hours a week.
This shortfall is probably a result of most wages not being determined in truly free markets. Rather, most workers negotiate individually, not
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