Sunday, 23 April 2017

Will We Become A 'Nation Of Shopkeepers?'

One thing that people are great at is surviving. As working terms and conditions are rapidly being eroded by this Tory government, the negative effect isn’t going to be limited to public sector services. Will people change the economy by changing their own futures?

There is already movement of workers to every part of the private sector. So what does this mean for the private sector?
We are already witnessing record numbers of people leaving the public sector to work in the private sector. And as attacks on pay and conditions continue to worsen within the public sector, this trend is only going to continue.

This is inevitably going to have a negative effect on the existing private sector, as competition for available jobs is increased. Increased competition also means cheaper prices, only this time, it’s cheap Labour.
So with diminishing opportunity and people struggling to survive employed within the private and public sectors employee, they will seek out decent standards of living by entering self employment. This is the sector that will see the largest growth in new start-ups, a positive move for people entering the sector, but at the same time, creating greatly increased competition for existing business with diminishing numbers of available staff to run them. New start-ups will enter the sector naturally adapted to the new conditions, but many existing business will be forced to adapt their business model by downsizing in order to survive.

Our essential fire brigade, police and hospital services will still be needed. I don’t think that it is inconceivable that these service professionals could become entirely freelance naming their own price for a days work, the negotiations of which won’t be controlled by staffing agencies but more than likely, the unions, who may become stronger than at any time in history.
I’ve always believed that the public sector is the barometer for the working terms and conditions for the rest of the nation. Destroying the public sector will have the consequence of diluting the private sector. Large business will fail as micro businesses flourish, essentially returning the country back to being a nation of shopkeepers.

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