Markets soar as companies announce mass layoffs
[Karl Marx laid out the essential logic of this process more than 170 years ago. The industrial war of the capitalists, he wrote, “has the peculiarity that its battles are won less by recruiting than by discharging the army of labour” as the generals “compete with one another as to who can discharge most soldiers of labour.”]
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Enjoy being online again!
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Feel free to reply to any comment by clicking the "Reply" button.Sadly the share market is a casino where share prices frequently bear no link to reality.
FrayedBear
Level 9
Feb 20, 2020
2
Correct. They relate to excess pay at top levels.
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