TERRY Duffy, the right-wing president of the Engineering Union, justified his agreement to a massive cut for his members because of 'the perilous of the industry' and 'the first priority is to save jobs'.
This puts him to the Angus Maude wno at tne conference admitted that unemployment was not the fault of the unemployed.
MOSL lett-wing leaders are now opposing the Tories' idea that the highest level of unemployment years is due to workers pricing themselvos out a On the AUEW nacontade.
fy's acceptance of the 8.2 'People wny gooas are pring up in the shops and firms are does not save jobs. British Leyland workers. Under Duffy's guidance they have accepted + po past years. thousand jobs have been during period and more redu Hard the pipeline.
Ask the steelworkers. They accepted a 16 per cent wage par cent below the Subsequently 50,000 jobs have been lost in steel and wages don't unemolovment either.
Increasing Gemand doesn't solve problems expansion Of credit kept manageable levels. By the 1970s the SUCE TaTIon Tarovon the roo 'Counter cyclical' measures are the of unemployment over really UVI.
Unemployment economic millions of people out o1 work nave occurec periodically Enrouonou capitalism's existence. This is because in such a there is no planned relation between pro Socialism duction, that is, invest ment N860S Only after the event. when 86OL whether a profit has been investment decisions been Each firm dedicates itsel production capitalism is sub 18CI successive of and Deriod DOOW bust.
Investment rushes in. to booming sectors to try to get a share of the pro Greater ment TOLILE down. The market then becomes incapable of ab sorbing goods which KeeDs up protits over-production. Invest ment takes a nose-dive and massive unemploy. ment results We have no interest in uniting Tne through higher Labour badge where it belongs, on the CONVICT S bosses and their system! wades and living standards, 88 T78 are demanding we say 'share the work Weshort the working syster can't to Fi in this dar age. Comoanie should be expropriated.
In this move towards a system which cam dan te toauon doi and people's needs could be This is mean by a socialist pro new unions in roland ar starting to demand government which backs workers acuons acalus DOSSeS ano measüres ent the capitalist anarchy is the answer. . This is the nettle the Labour left has Vaoy