The Decline of Trade Unionism.

Tony Woodley is general secretary of the Transport and General Workers’ Union and in the Guardian gives us this little insight into his views:

Both banks and oil
companies are monopolies or near-monopolies, routinely abusing their
economic power to the consumer’s disadvantage.

Really? 400 odd banks in the City, hundreds of mortgage suppliers, further hundreds of credit card suppliers, this is a monopoly? Oil refining and retailing is as cut-throat a business as there is. I wonder what the hell he thinks a real monopoly looks like…y’know, one with a closed shop, where a particular union has a monopoly on the supply of labour in a certain firm or industry.

No, I’m not all that surprised at the decline of the trade unions in the UK.

2 responses

  1. The guy’s twisted.
    “My modest proposal has been for a windfall tax on these profits – just taking a slice to resolve the pensions crisis”
    The ‘pensions crisis’ was largely caused by Brown’s taxation mania. Now this buffoon wants to replace the money that Gordon stole by stealing more from industries that have the temerity to be successful.
    It seems that Prescott is not the only one of his kind.

  2. What the

    Tony Woodley:Both banks and oil companies are monopolies or near-monopolies, routinely abusing their economic power to the consumer’s disadvantage.Tim Worstall

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