Wednesday, 21 June 2017

Zero Hours Contracts and the Labour Party

During the build up to the election I wrote a blog for Manchester policy expressing my scepticism about the need to ban zero-hours contracts.

Unfortunately I was a bit late getting it to them and so it was published when I was out of the country and unable to publicise it.

As things stand, though it is quite possible that Labour will be fighting another election again soon with a similar manifesto. It is still worth mentioning, therefore, though who knows what will happen in the disaster that is British politics since the vote for Brexit.

In the blog I argue that measures short of a ban should be considered, such as setting a higher minimum wage for zero-hours contracts.

I take this one example of where the Corbyn team currently leading the Labour party are a little out of touch with the economy. Unfortunately the favourable employment conditions found in the more economically developed world from the mid twentieth century no longer apply and are highly unlikely to return.

The immediate levers to which the Corbyn team turn are, to my mind, and their plans to borrow huge amounts would have economic consequences that could affect ordinary people as well as the hated 'fat cats.'

That said, I would of course prefer a Corbyn government to a Tory one, and the progressive tax proposals in the Labour manifesto represent a move in the right direction. I would just disagree on how they should be spent.

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