How quickly we forget history.
How quickly we forget history.
I mean with some strong regulation things might be different, but with the political landscape as it is I don't think it would work out.
Facilities included schools, sports accomodation etc. PSV, a dutch premier league football team is a project of Phillips the former electronics giant. PSV -> Phillips Sport Vereniging.
And Phillips built neighbourhoods, schools and public swimming pools too.
Ah well ... sigh ( I was not raised in a Phillips neighbourhood btw ).
In the transaction though its the 'job' that is the good thing and employers (in spite of their whining about worker shortages) are able to get people to work at those insufficient wages, and so they continue to pay them.
Unionization broke that cycle once, I'm curious to see if a technology worker union emerges from this growing level of pain.
In a sense, you can be pushed to accept a job at an infeasibly low wage because the alternative is having no income at all.
Company scrip served to make it so you could never save up money to leave, which was the biggest problem.
But more often it goes wrong, like Fordlandia.