PLEASE NOTE:

MyNews24 is a user-generated section of News24.com. The stories here come from users.

 
Nunu
 
Comments: 19
Article views: 1303
 
 
Latest Badges:


 
View all Nunu's badges.
 

Sensible Economics

15 January 2013, 10:32

So the mines are starting to close due to increasing costs. One mans loss is another mans gain, this is a great opportunity for the trade unions to prove a point. If Amplats puts certain mines on the market, the Unions should buy them. The unions are convinced that wages are far lower than what they should be as these mines make such huge profits. If they make such huge profits they must be a great investment. So borrow the money and buy them, prove a point to these greedy capitalists.

Once ownership is achieved, they can pay the highest wages in the country. R15 000 odd was a compromise with management, so lets say start at R 20 000. Minimum - for the person who sweeps the floors (and don't dare ask her to do anything else, its her mine now!) Management will be made up of union members, but there must not be a big gap between management and labour - maybe junior at R30 000 and CEO about R50 000. I'm sure they'll find plenty of qualified okes amongst themselves, true socialists who would die for "the cause", and surely nobody in the union hierarchy earns much more than R50k a month - I mean, they're socialists, we're all more or less equal.

If profits are looking good, it will be distributed to the union members. No point in showing a profit, it just means you pay tax and the government gets part of it. Keep it in the big happy union family.

Of course everybody will be highly productive, it is now their mine, so surely they'll all be motivated. At the end of a year when there are perhaps no profits, they can simply borrow some more money. Shares won't be an option to raise capital, as the shareholders will want a share of profits - thats not the idea, you want to keep it all now. They'll never need to fire anyone, because all the workers will be so dedicated and happy.

Would be a great way to prove to us all why you guys always strike. Come on guys, take the dive, do it! According to your rhetoric it shouldn't even be a high risk venture, so you can't lose anything. Will be a very good experiment to prove once and for all what the fairest system is for us all, or at least help us in the right direction. Can't wait.

(Please just keep the safety standards high, or improve them)

Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.

 

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
19 comments
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
Victor
SARS and local municipalities it ...

SARS and local municipalities it is now time to tax Churches. Read more...

214 comments 5455 views
Submitted by
Response: Traditional initiation ...

As a proud citizen of the Western Cape, born and raised on the outskirts of Cape Town, I do not see the need to undergo initiation to become a man. Read more...

0 comments 709 views
Submitted by
Shaun Engel
Comedy on long

Ever wanted to be a comedian? Be on stage and make people laugh…well these guys do it for a living – If laughter is the best medicine after tonight I’m sorted for winter…flu for whaaaaat o_O Read more...

1 comments 122 views
Submitted by
Jaco Prinsloo
Everything converges in September...

There seems to be anticipation around the world that something big is going to happen in September this year. Read more...

52 comments 685 views
Submitted by
Jacques de Villiers
Initiation school on Table Mounta...

That sounds like a really wonderful idea. Even though the Xhosas were never traditionally in the Western Cape, the reality is that many of them are now and will forever be an integral part of it. Read more...

5 comments 960 views
Submitted by
Digital Soigneurs
5 Things to Consider about your L...

Dont assume that your current Linkedin Profile Picture is great...that ID looking pic is average at most...nothing to be proud about.. Read more...

0 comments 800 views
 

services

E-mail Alerts The latest headlines in your inbox

RSS feeds News delivered really simply.

Mobile News24 on your mobile or PDA

E-mail Newsletters You choose what you want

News24 on Android Get the latest from News24 on your Android device.

SMS Alerts Get breaking news stories via SMS.

Blogs Your opinion on you, me and everyone.

TV Get us in your home, on your television.

 
Interactive Advertising Bureau
 
© 2015 24.com. All rights reserved.
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.