I wouldn't put it that way
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tsubaki
Player Valuation: £90m
No offence bruce, but this is exactly the sort of tripe that has helped lead to Trump, Johnson and all the rest of the rubbish these past few years.
The concept of a job for life - or at least the reasonable chance of career security over a lifetime - is something that we need if we are going require people to have mortgages, to get into debt that requires a long time to pay back (student loans etc), for some businesses to invest in production in a particular area and so on.
If you want to have transferrable skills, flexible job markets, gig work (and all the rest of the things that sharp business minds use to cover up the fact that their competitive brilliance is mainly down to them no longer paying a fair rate of tax) then stuff like homes, transport, education and quite a few other things have to be provided to people. Businesses have to have areas where they can set up and operate, to allow their costs to be low enough to reasonably compete against giant firms who enjoy massive advantages.
Otherwise you just end up with an increasing number of people who can't afford to get a stake in society, whose economic future is bleak and who have every reason to vote against the people who think there isn't anything wrong. You end up with local businesses starting to fail, unable to compete against mega firms whose power, wealth and influence allow them to further cut costs, which has an impact on their employees and what rival businesses remain. Most importantly you end up with a government that has a perfect storm of lower taxes, increased welfare spending and much greater corruption because of the rewards on offer.
In short, you end up with the UK in 2021.
Barnfred 55
Player Valuation: £80m
Good post.
spectateur
Player Valuation: £30m
Just what Hydek, Freidman and eventually Reagan and Thatcher wanted.
peteblue
Welcome back Wayne
Gets asked a question, give an honest answer, get a shedload of abuse.....you’re welcome guys, but no more.....
tsubaki
Player Valuation: £90m
TBF I think a big part of the problem is that a load of people who espouse monetarism do not understand it (or worse, profess to believe it whilst basically just enriching themselves); Friedman and especially Hayek would probably be appalled at what is being done in their name.
random
Player Valuation: £15m
Bolded part is something that definitely should be aspired to, however Bruce isn't wrong in what he says, if you have an opportunity in your existing job to expand your knowledge or gain a qualification then do so. It would be remiss to do otherwise, you never know what's round the corner job wise.
Pete I think the point they are making is that you’ve made out how hard it was on *you* to make other people redundant.
And how people could never understand because they’ve not been through it (the act of making people redundant).
When people are talking about the huge impact that redundancy itself can have on people’s lives. People have lost those close to them because of it.
To talk about the complexities of management is a bit trivial in comparison if I’m honest.
peteblue
Welcome back Wayne
Indeed. This nonsense about a bust of Churchill is embarrassing. Put in in the U.K. embassy and leave it there....
No offence taken. Just sharing some insights from my line of work. We're facing a number of things that are almost certain. Firstly, we're living longer and so people entering the workforce today are almost certainly going to be working far longer than their parents. So the old "study>work>retire" model is quite probably not going to apply to them. I'm not even convinced it will apply to you and I, but lets be conservative and say our children. If people are working for 60 years with the pace that the world is moving today the idea that you'll do one thing for that entire time is highly unlikely.
This is especially so given the pace of technological change, which is likely to force change upon people even if they don't engage in it willingly. I'm generally not a subscriber to the "robots are taking our jobs" thing, but they are almost certainly going to change the jobs we do, and the things that we will need to be good at in order to stay in work.
There may be other macro trends but those are the two that we can talk about with a degree of certainty. Obviously, we can pretend these things aren't happening or we can adapt as individuals and as a society. As you say, education is the biggest area for change as university education is ruinously expensive if we need to engage with it more than once or twice in our lives. We've seen shorter micro-courses grow in popularity but transferrable credentials remain an area where the job market hasn't really caught up. Similarly, countries like South Korea have perhaps led the way in supporting lifelong learning, both in terms of providing financial support to people and with accrediting training they do do. It is likely to require state intervention of that nature as evidence from employers shows that they tend to recruit in the skills they need rather than develop their existing workforce.
With housing and to a large extent transportation, the days of owning these assets also seem to be ebbing away. I suspect as a Londoner you are already familiar with not owning a car and "renting" either an Uber style service or public transport. If we ever get to a point where driverless cars become a reality then the car ownership model will become even less feasible. I wouldn't be surprised if home ownership doesn't go the same way. Homeownership in Switzerland is about 40%. In Germany it's 50%. Egalitarian countries like Denmark and Sweden see around 60%. Are they somehow worse than Romania with 96%? Indeed, The Economist recently went as far as to say that promoting homeownership is the biggest policy mistake the West has ever made.
Home ownership is the West’s biggest economic-policy mistake
It is an obsession that undermines growth, fairness and public faith in capitalism
I don't think this has to guarantee the kind of dystopian future you describe, but it will require us as individuals and as society to tackle things head-on rather than pretend they don't exist.
peteblue
Welcome back Wayne
They are not making a point at all. One asked a question and I already knew what his response would be, I should have ignored it, but that is now fixed. The second comment again was just to jump in ask about complexity, which is a very fair question and if asked I would have gone into detail, but no, he has to throw in a sly preamble, but like the former I’ll leave him to his own.
I was not even talking about the complexity of management which is something else again
I was talking about a situation which you have never experienced before and for which you have received no training and are faced with a myriad of people’s emotions...it’s complex....
Well first of all, making people redundancy is an aspect of management. But I don’t want to go into that. I’ll post the chain I read in order. And you lack empathy in this chain and miss a huge signal because, it seems to me, it was important to talk about yourself. It’s fine. I’m proud of myself and my achievements too, too proud at times. But this is quite stark and quite obviously painful and yet it was more important for you to ignore that and make it about yourself.
I’ll be honest Pete (and I’m conscious that this is a written medium and so difficult to see emotion and to empathise without that) , how you missed the wider issue I don’t know. I’m not sure why you thought talking about how hard and complex it is to tell people they are redundant is the appropriate response here. Your response was close to painting yourself as a victim. At the very least a martyr.
peteblue
Welcome back Wayne
Take from it whatever you wish...
peteblue
Welcome back Wayne
Well when you get the same person giving you abuse, time after time after time in all threads, come back and tell me all about it. I’m done......I’ll discuss anything with anyone, but continual abuse, and a lack of any form of civil response is no longer being accepted .....
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