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by ycombigator 1335 days ago
I grew up under Thatcher in 80s Britain (also 70's but too young to see it).

Britain's problem with labour unrest was rooted in other problems. Ironically, one being a problem we are seeing again now - massive inflation.

Yes, you can definitely 'solve' the problem of industry strikes by completely destroying the industry involved.

That's one option.

1 comments

Inflation always has an element of circularity in the explanations of it.

There's no doubt that workers would like to get a 10% raise in a year when there is 10% inflation. Since labor is a substantial input into the cost of services, it also seems like a plan to have at least 10% inflation next year.