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turbinetree

(24,695 posts)
Fri Apr 20, 2018, 06:39 AM Apr 2018

World 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 bank’s 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 Bank’s 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 bank’s 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

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World Bank recommends fewer regulations protecting workers (Original Post) turbinetree Apr 2018 OP
Is anyone surprised by this? HopeAgain Apr 2018 #1
This should worry humanity malaise Apr 2018 #2
Fwiw, Hillary and other Dems support a universal basic income (UBI). Hortensis Apr 2018 #3
Workers are fungible to the oligarchy dalton99a Apr 2018 #4
What!???!!! Apparently this group is solely manned by ... SWBTATTReg Apr 2018 #5

Hortensis

(58,785 posts)
3. Fwiw, Hillary and other Dems support a universal basic income (UBI).
Fri Apr 20, 2018, 08:17 AM
Apr 2018

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!

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