Re:IMF: Largest driver of EU inflation is corporate profits
by legitster on Monday June 26, 2023 @03:34PM
(#36484637)
The author is doing a lot of heavy lifting with the word "suggesting". I can't find any quote that suggests he is actually saying workers shouldn't ask for raises. Here's the closest I could find:
"To do that I have to be clear – and we expect inflation to come down this year – to do that we cannot continue to have the current level of wage increases ... And we can't have companies seeking to rebuild profit margins which mean prices continue to go up at their current rates...But what I would say to people is we expect inflation to come down, and it is important then that price setting and wage setting reflects that."
Again, nothing "suggests" that he thinks workers are supposed to be blamed for wage increases being unsustainable. If anything he is blaming corporations!
Re:IMF: Largest driver of EU inflation is corporate profits
by lovich on Monday June 26, 2023 @09:50PM
(#36488060)
Is wage setting not an activity taken on by the labor force? I can see how a reasonable person might interpret it that way, but I also see how it’s interpreted as a message to labor. Otherwise you might be suggesting that capital has all the negotiating power and there isn’t any market for labor and that sounds rather communistic which I’m sure these fellows wouldn’t ever imply
How is that not directly telling workers to not ask for wage increases? I’d also say adding the word “chastising” is changing the tone of what the original commentor and I were referencing when talking about governments asking workers to not ask for wage increases.