Current Affairs EU In or Out

In or Out

  • In

    Votes: 688 67.9%
  • Out

    Votes: 325 32.1%

  • Total voters
    1,013
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TBF I am not sure labour costs are responsible for cheap stuff - a mix of technological advances and a switch to a disposable culture are more responsible.

Also this notion of competitiveness in terms of wages only ever seems to apply to the working classes - you’d think given the serial failures of management (especially British management, who bear the lion’s share of the blame for the state of British manufacturing) over the past fifty years that they’d have paid a price but all evidence in terms of executive pay tells another story.
The deflationary pressures of offshoring the manufacturing complex to places like China have had a huge impact for over 2 decades. Technological advances have for sure but the labour component of globalisation etc is more than material.
 
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