You can go and work in Europe, Mandelson tells strikers - UK Politics, UK - The Independent
Lord Mandelson enraged unions and Labour MPs last night by accusing wildcat strikers of "protectionism" and claiming they could turn the recession into a full-blown depression. The Business Secretary inflamed the dispute over foreign workers by suggesting that protesters could go and work elsewhere in Europe if they were unhappy.
The Business Secretary inflamed the dispute over foreign workers by suggesting that protesters could go and work elsewhere in Europe if they were unhappy.
I'm afraid France is being used as a stand-in for the whole of Europe. Any idiot can face a crisis - it's day to day living that wears you out.
Under Ricardo's theory, Danfoss would use its capital and labour in Denmark to produce something else which can be exported to Slovakia, and some Slovak company would export thermostats to Denmark. Instead, what is happening is that Danfoss moves its capital to Slovakia, and its employees have to look for other jobs in Denmark without the benefit of Danfoss' capital also staying in Denmark chasing after labour. I suppose Danfoss' 77 employees could move to Slovakia to work for Danfoss there. I wonder how many of them would relocate to slovakia with a Slovak salary and benefits, if offered the chance.
