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Record Profits But Won't Honour Pay Deal...

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http://www.peoplemanagement.co.uk/pm/artic...ord-profits.htm

It's just never enough profit is it. I mean Cadbury's seems to have decided that because the economy isn't looking so great they can probably get away with breaking the agreement as staff aren't likely to want to risk losing their jobs as a result of protracted industrial action.

If you know how Cadburys began, this is doubly sad.

:(

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The workers should be allowed their own land so they can be more choosy about what employment to accept.

: ;)

In 1893 George Cadbury bought 120 acres (0.5 km²) of land close to the works and planned, at his own expense, a model village which would 'alleviate the evils of modern more cramped living conditions'. By 1900 the estate included 313 cottages and houses set on 330 acres (1.3 km2) of land, and many more similar properties were built in the years leading up to the World War I, with smaller developments taking place later on in the 20th century. These almost 'Arts and crafts' houses were traditional in design but with large gardens and modern interiors, and were designed by the resident architect William Alexander Harvey.

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http://www.peoplemanagement.co.uk/pm/artic...ord-profits.htm

It's just never enough profit is it. I mean Cadbury's seems to have decided that because the economy isn't looking so great they can probably get away with breaking the agreement as staff aren't likely to want to risk losing their jobs as a result of protracted industrial action.

I daresay that some of our free market friends will be along soon to explain why this isn't simply opportunistic coercion and how really the employer here is a heroic entity that's just standing up for all that's good and right in the world........ :rolleyes:

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I'm a pro-free markets guy.. but I like the oldschool industrialist owned companies. One individual in charge of the company can do whatever he wants, he can make mini-utopias as many industrialists from 1850-1950 did. He can give reckless amounts to charity if he wants.

He can build entire cities, look up a city Ratan Tata built recently in India.. with the wide bulevards, tons of parkland and so forth. This in a third world nation.

But widely held public corporations seem like souless entities. They have a legal responsibility to the shareholders(the largest segment of shareholders in most companies is pension funds).. anyway they have a legal responsibility to maximize profits. They legally can't go and build a beautiful town for employees because they felt like it.

They can't suck it up and not try to maximize profits for a few years to help the local economy.. As Ford did in the 30's.

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