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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWorld Bank recommends fewer regulations protecting workers
The World Bank is proposing lower minimum wages and greater hiring and firing powers for employers as part of a wide-ranging deregulation of labour markets deemed necessary to prepare countries for the changing nature of work.
A working draft of the banks flagship World Development Report which will urge policy action from governments when it comes out in the autumn says less burdensome regulations are needed so that firms can hire workers at lower cost. The controversial recommendations, which are aimed mainly at developing countries, have alarmed groups representing labour, which say they have so far been frozen out of the Banks consultation process.
Peter Bakvis, Washington representative for the International Trade Union Confederation, said the proposals were harmful, retrograde and out of synch with the shared-prosperity agenda put forward by the banks president Jim Yong Kim.
https://www.theguardian.com/money/2018/apr/20/world-bank-fewer-regulations-protecting-workers
SO basically the world bank, can't see past there collective ass, on why the "world" is basically at war with everything, and just so that others fight there dirty wars because human beings don't need social security, a wage to live off from, and that there fucking greed is more important........................FUCK YOU and your smoke and mirrors bull shit
HopeAgain
(4,407 posts)Where do their interests lie? Not with workers, never have.
malaise
(269,049 posts)everywhere
Hortensis
(58,785 posts)Many nations around the planet are trialing UBIs, and she almost ran on it in 2016 but, with so many critical issues to be addressed, they couldn't make the numbers work at that time. The plan they considered calls for funding it with a carbon tax and taxes on financial transactions. We're not alone in working on this. Many nations are trialing various versions right now.
In any case, thought it might be comforting to be reminded that the Democratic Party knows the world is changing but that in an ultrawealthy, extremely high-production nation like ours that means continued advances in wellbeing, not destitution.
But first we have to elect Democrats.
COUNTDOWN TO DEMOCRATIC CONTROL OF CONGRESS: 199 days!
dalton99a
(81,515 posts)SWBTATTReg
(22,133 posts)billionaires and/or their reps...