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by alt227
219 days ago
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The problem IMO is nothing to do with status or pay, specifically in the UK the issue is capitalism. Capitalism demands that companies show continous growth, or they are classed to be failing. The UK is very small on the world stage, and so inevitably all manufacturers come up against the need to export and grow beyond the UKs borders. This is when aquisitions and mergers from overseas corperations occur, and they have little need for an expensive workforce in the UK. Foreign investors or parent corporations buy out the UK businesses, strip out the manufacturing, and use the brand recognition to turn them into shell companies for distributing the material which are produced much cheaper overseas. This has happened time and time again with all raw material manufacturing, and is now happening to the food production industry too (the Cadbury story is used as a regular example around these parts). |
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For the British elite, an empowered, well-paid workforce isn’t progress - it’s an uprising. The economy is structured to keep labour cheap and dependent, so productivity stays low and ownership stays concentrated. Profits flow upward, wages stagnate, and the same people who caused the problem deliver lectures about “efficiency” and “global competition.”
So yes, foreign takeovers hollow industries out, but they only can because the domestic system rewards extraction over creation. The real disease is a ruling class that treats workers not as partners in growth but as a cost to be managed.