The Prices and Incomes Board
As we noted earlier (page 8) most wages are based on bargaining between representatives of employers and employed. The right to free bargaining has been built up over the centuries, together with the right to strike. Politically we are all equal — each man’s vote is worth exactly the same as his neighbour’s, each man is equal before the law, each man shares the political rights and obligations of this democratic society — but economically we are far from equal.
KeywordsPrime Minister Trade Union Wage Bargaining Income Policy Economic Equality
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