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Originally Posted by Ignitionnet
As previously noted it's a monopoly, not a free market position.
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As I said the LU are free to refute their pay demands at any time.
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Why would we want one? 'Leveraging your position in a free market economy is fundamental to potential success or potential failure' after all. Companies with monopolies overcharging is purely leveraging their position surely?
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Companies leverage their position all the time, how do you think Tesco got to be so successful, they leverage their position as the largest supermarket to screw their suppliers, and potential suppliers, into the ground.
Anyway we're talking about manpower and workforce.
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Spoken like someone with no idea what they're talking about. Come down to London during a tube strike.
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I'm in London once a week, never during a tube strike though
doesn't that prove how vital they are though? They may not be highly skilled operatives but they keep the capital city moving.
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I'm not, I wouldn't take the pay cut. I didn't realise you'd go to the childish 'If you're jealous' arguments so quickly though I guess I shouldn't be surprised.
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I'm not being childish, just wondering why you object to this so much.
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They are already hugely overpaid
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According to who?
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and work in a public sector that's seeing cuts, pension changes and pay freezes. That's the simple reason to single them out, they're getting special treatment which is entirely undeserved.
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Unlike most other public sector positions they have a direct impact on the economy of the capital and to some extent the whole country - you could probably justify their money just on the maths of that.
If you're not happy with the current system you could always privatise the tube?