Some of our bwanksters have been subject to not getting bonuses based on selling fraudulent loan protection. The BBC broadcast that this was new. In fact ‘claw-back’ is a common feature and dread for salespeople in financial services and especially insurance.
Zerohedge – http://www.zerohedge.com/news/its-official-greece-unveils-negative-salary – shows just how tough things can get for ordinary, non-bwankster folk. Teachers face not just cuts but working for nothing or negative salary for a while in Greece, then at much reduced rates.
The real economic truth is that a bunch of rich, idle, peculiarly libidinal bastards have had it away with our hard-earned and politicians have aided and abetted them whilst collapsing our vital work economies. I have often alluded to sending manufacturing to China as ‘selling whiskey and guns to the Indians’ – in fact we sold them the manufacturing facilities and distilleries. The analogy is purely to film – the conquest involved was vile and genocidal via scorched earth (buffalo eradication) and disease. ‘We’ were the bastards.
Marx called for worker of the world to unite – in fact the world’s rich have. Double standards are everywhere. We are still debating whether bwanksters are worth their pay and bonuses whilst ordinary workers’ conditions are summarily reduced to “negative pay”. More than 50% of US citizens receive some form of welfare and we still harp on about the triumph of western capitalism. Millibore the Ineffectual can pass himself off as a Labour leader in this amoral climate. We claim to be democratic as, at every turn, we weaken worker pay, conditions and rights in order to be able to bully them down to the status of Chinese worker-serfs! Human resource management, once about making conditions in your firm so good no one would be arsed with union crap, is no a vile set of evil rhetoric.
We need a New Deal (and not some Nulabour piss) across the globe. The key is in the idiot propaganda film ‘300’ when the hero uses the great line ‘You are fighting free men, not slaves’. Shite as the film was as a distortion of history (the Persians were probably a lot less brutal than the Greeks and the film should have shown arse-banditry amongst the Spartans) – this line is the point, if suitably de-sexisted.
We currently talk of hard work and self-reliance when the job market has collapsed – largely because technology and organising systems have improved productivity – and more are due. All the politicians available to vote for prattle on about “growth” and fiddle with what is a simple neo-classical (i.e. failed) economic spreadsheet. What we need is structural change. This has to start in completely new thinking on work and reward.
Banking should not attract salaries higher than anywhere else. All the excuses given are rot and based on two wrongs making a right. If Rooney is worth his money, so is Fred the Shred. Bolloxs! All sports could be run with a salary cap and this could be based on what we think the job is worth. In the old Rugby League dressing rooms we all got the same match fee. Tell me the 1978 cup final wasn’t as good as last years. Look what just happened to Spurs on a wet and bobbly Stevenage dung-heap last week. Tell me who was worth more than the game lad playing right back for the minnows.
In real consideration on pay we should consider what letting people get rich really does. The most obvious is that they get control of all sorts of stuff they have no right to and they always seek to maintain their advantage, giving their kids unfair advantages through education and networking.
Whatever the secret of success is, I’ve never seen any non-dross explication of it in more than 20 years as an academic. As a manager it was very noticeable how many other managers were some fucker’s brother-in-law. In studies I’ve read, researchers were unable to find anyone ‘unconnected’ in the fancy business school I was once a visiting lecturer at.
Even when we talk of rewarding success, we don’t really get anywhere, because ‘success’ can be produced by false accounting. Why are the bwanksters not repaying all the money they lost (in fraud) by lifetime indenture on negative salary – that is, what we are doing to Greek teachers?
Only an unwise man would have tried to part me from my winning pay – but one can see direct links there. In detailed analysis, one can make direct links between CEO pay and the collapse in worker wages. Why do we let these creeps choose their own targets – how are we suckered into letting the consideration of performance stop at bottom lines so easy to fiddle to the purpose of one small set of interests? These are not good people – just a bunch of scheming fucks no better than animals. It’s common in animal herds for a “king” to live in luxury whilst keeping others downtrodden.
Arguments from the bottom line might hold if bottom lines weren’t so easy to fiddle and if the myth of competitive innovation, working smarter and others were true. Britain and the UK would now have vast numbers of ‘smart workers’ in ‘smart jobs’ – the truth is the opposite with much skill now embodied in machines – amazingly not much of the banking and education that could be. It makes sense in this nonsense to strip workers of pay, decent conditions and pensions AND pay CEOs massive amounts. In 1980, the bottom half has 14% of liquid assets – this is down to 1% – and this process hardly produces a wealthy population to spend money on growth.
We should raise living standards across the globe by identifying the work needed, being prepared to police it to prevent local thugs and money-lenders getting in the way. Global government should be presenting ideas on what the responsibilities of citizens in such a society are. Population control, aims towards sustainable energy and renewal, agriculture – and what politicians and leaders should do. To get to any of this I think we need to start thinking of “leadership” as the main block to progress. Just look at some of the absolute bastards history has thrown up. Hitler (a rather nice chap to those around him), Stalin, any number of Romans, religious weirdos and utterly peculiar arses like Churchill, Blair, Bush and DSK! Even Gandhi ended up in bed with kids laying claim to be saving the world through his abstinence. The GOP can’t even put forward a non-loony and Obama is clearly bought and paid for despite his Internet campaign funding stuff.
Anyone who has tried herding cats in unstructured groups, or to get recruits still raw from basic training to one side of a street to another under fire (etc.) knows people don’t generally cooperate well without direction, training, drills and the rest. None of this means we should give up to “great leaders” and their arrays of bullshit and bullying.
How pathetic is it that we can standardise the rules and playing conditions of sports across the globe and yet not have a quality of work-life set of rules for international economic competition and cooperation? We had the idea long ago – just no practice. All our managers and politicians have shown over the years is they have no moral fibre and cheat on what should be rights for all at the drop of the ‘it’s a global competition out there’ hat. In fact it is in no way a global competition in the way FIFA soccer is with level playing fields and strict refereeing. This was managed, admittedly imperfectly, even though Blatter an his cronies run it!
We probably know enough about bureaucracy now to avoid the pitfalls of gonadotrophic thinking like dictatorships of the proletariat and politburo. A decent world isn’t with us because we have been conned into thinking we can’t organise one. I’m no leftie and believe in an international service solution linked with enterprise. I do believe the rich have done so much damage they should spend the rest of their unworthy lives in negative income atonement.