
Sharan Burrow: Do workers have faith in collective action?
The Interview
00:00
Aren't Workers Pushing for Massive Pay Rises Driving Inflation?
There is no evidence to show that wage rises will simply drive up inflation. We are in a period of what we call proflation, where profits prices and price gauging in profits are driving inflation. Workers in more than forty % of countries actually have wages at a lower than precovered levels while you have 573 new billionaires. So let's be realistic and say to central banks, manage the economy for people, not for those continuing to make outrageous profits,. While other mopwill risk starvation.
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