|
|
|
|
|
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. |
|
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.