26 October 2011

Enemy of the blog #2

Multi-Millionaire Adrian Beecroft in one of his fancy cars
(copyright Gilles Bonnafous)

ANOTHER rude awakening today as the minute I switch on the TV I learn that a wealthy Tory donor is advising the cabinet to scrap virtually all employment protection in the UK as we know it.

I have already written several pieces about the Tory approach to Employment Law and how the existing changes being proposed will not do a single thing to create jobs.

Pathetic and unsubstantiated reasoning from the unelected bosses clubs still do not alter the fact that there is nothing (other than imbecilic anecdotal evidence) to prove that throwing away our few workplace rights will do a single thing to stimulate growth in the economy.

I consider today’s move to be nothing more than a Bully’s Charter – allowing all employers and bosses to treat people as badly as they like with impunity. If implemented, it would likely result in mass social upheaval like nothing we have seen in the UK.

I am interested in the reasoning of the man who wrote these proposals. Adrian Beecroft’s flimsy executive summary in the report seems very weak on any referencing or statistical proof, but heavy on the rhetoric. I find this quite surprising for a man with an academic background.

Then again, considering he has given the Tories some £500,000 in donations, they will not be questioning his academic methodology in the hope he shovels more cash to Conservative Central Office. His donations in relation to his political influence make a mockery of Tory claims that they are somehow more democratically funded than Labour are by trade unions.

Beecroft is a fan of Aston Martins and he is filmed and pictured extensively across the internet racing his cars for us all to see. He apparently owns and runs four Aston Martins which, for a man with a fortune of £100million is probably just small change.

Aidy is also a “global leader” in the nefarious and deeply undemocratic business of venture capital, having been chair of the British Venture Capital Association during the early 90s.

Anyone who has lost their job, pension or livelihood as a result of venture capitalists will probably be unsurprised at Beecroft’s analysis that all workers’ rights are bad. Venture Capitalism is often about finding ways to squeeze even more profit from already profitable organisations – mainly by looking at “major cost centres” such as employees’ wages.

A super-rich Aston Martin racing venture capitalist with a background in science is not the sort of person I consider qualified in any way to advise ANYONE on the laws regulating the world of work, let alone the government!

It is, as Michael Meacher correctly identifies like “asking the wolf to decorate the sheep’s pen”.

That said, if our maniacal government (or a future even more extreme majority Tory administration) were to enact his proposals it would irreversibly entrench and widen the divisions between rich and poor, make the world of work even more deeply unpleasant than it already is for the majority of people and also make even more innocent people suffer from debilitating insecurity and powerlessness.

But I doubt that a multi-millionaire racing his fancy cars could ever understand that. That’s why Adrian Beecroft, and all he stands for, is the next Enemy of the Blog.

1 comment:

Anonymous said...

Employment protection legislation, of which unfair dismissal is a major component in the UK, has been shown in a range of studies by academics and bodies such as the OECD to have an impact on employment. Countries with heavy protection tend to display higher levels of long-term unemployment, particularly amongst younger workers and other “outsiders”. he entrepreneur takes the possible future cost of firing a worker into account. The entrepreneur will have an incentive to innovate in such a way to avoid these firing cost. This means that shops may choose for a self-sevice-check-out systems at supermarkets instead of employing more young workers.