crash.. ment. 122 Obser 20/02/801 share valure fias smilar potential ronse- To adition, despite the loods-hailed Brickst terovery we heand co touch about in late December, the fact is that isel 312 1EI CHI IN quences for jobs. to ris, wipo « тротату gai in anothet financial crisis at some furan competitiveness anil leading In vol competitiveness
espints tainly to Lurope, de redtry pl tamely, take use of what Mandel mille the crash spear. The task tor socialist. consequences firnly with tie marks of is to place the blame for the chees and Its rapitalist production and, more insper investmene in UK manutacturing has beer negative from 1981 fill recents and iss countrics. Manutacuring outpur Ix unt even at the level it was when is the lowest of ail tre descloped capiat- Thatcher look nifice in 1979 HOW IS NIL this going to affect Britain? Mandel makes the point that the stock that a decline in productum no take British cconomy
this enormous idenlogical diabe dr build a remobilisation bowese long that This pamphlet us a smal hon usell weapon in chat figh e movement the warkers takcs. Gléenwell Montagu, Icacted to the showing a buotant Uk ecommy be savue that the CK's growth spurt is basically over, and One tirm of tity commentaron. pullication of the figures some time to work its was through: It is true that the stock marker crisis itscli tay cause future problems Curren investment — future jobs — is reduced pected in Britain) and the inability of Dy rising interest roles (which an es
13 Journed o/ Questions and answers on Sor fact cater for Melattee Hose to oNam the crash: that the economy is likele to come to a standstill in the socond ball of 1988 with a sharp tall in protits, a reversal of the try anil a meturn to rising uncriplop- reced recovery of manufacturing indus companies with reduced wealth ballings: for productive invester. The pessibil- Iy of increased takeover argyny ann asset stripping of firmsswith recuced as a result of the crash, to borrow even SOCIALIST OUTLOOK #5 resiy Fabrunry 1900
UNTONS The deal negotiated in December Alan Tuffin - sold postal workers down the river between the Union of Communication Workers and
-Banis DornaiRe-las reports. saving bureaucratic sell-out in recent years. BILLY CARRON the finest examples of a face- post office management is one of
SOCIALIST OUTLOOK no 5 January/February 1988 management that theysare friphrened of no longer trust their leadership; but as The pace and ruthlessness of the changes have left the VOW Icadership sitting in the bar talking abour the good Christmas Victory, al a time when the Handle abour one per cent of the post of fice's iraffic. They Have signalled to a real figheand they have splir and cm- bittered the membership: Postal worker ever greater emphasis is being given 1s concepts like business efficieney which were admitting that they could only national management with little need for troduce a competitive business spirit Casual staff are heing introduced and tor a quick, painless pre- post office's commercial competitor- come 10 agreements with the local and fice has had to face some smail compell- rhough in the crucial and prestigious backwater of British industry in which local and national union officials would But the old ways are dying New side industries and are trying to in- intu all grades of management and the old days. They have forchited an oppor "shorter working week which calked only of continuing discussions on their bonus scheme, Tt was such an mept at- The UCW is a union without any Ira- dition of militancy, having had only one all-out strike (his century. Te is only in the past five or six years that the post of- cion around the fringes of its empire, al- Hitherto it had always been a sleepy workfore. Traditional negptiating pro- rapid delivery letter and parcel business. managers are being brought in from out codures are being by-passed locally of course means working more quickly: tempt ar distraction that it only