Chapter 242, Labor Panic
The prosperity of the market has also led to the prosperity of the stock market, and in the face of good news, everyone's confidence has also reached its peak.
It is easier to retreat in the stock market than to sell in real estate. Originally, there were selling and buying in the market every day, and an increase of a few percentage points was also a normal fluctuation in the market.
It is not a time of economic crisis, and this small fluctuation is completely within the tolerance range of the market, and the most typical is that the stock price continues to rise.
To put it bluntly, speculation in the stock market is far more profitable than manufacturing. However, there are pros and cons, and high returns also come with high risks.
You can't make much money without playing leverage, and the risk of playing leverage is very large, and many times an accidental fluctuation in the market takes away a large wave of speculators.
In contrast, the brick-and-mortar industry was much more robust, at least in the 19th century.
No matter how the market changes, as long as the company itself does not have problems, the losses are controllable. The market is not good, and it is a big deal to reduce production capacity.
"Bankruptcy" is usually caused by the company's own problems, such as: the debt is too high and a large amount of profit is needed to repay the loan; Or there is a problem in management, the equipment is not replaced in time, and the product loses its market competitiveness; Or maybe the inventory is too high and takes up a lot of money......
When there is no problem with the enterprise itself, it is still rare to be squeezed to bankruptcy. To put it bluntly, everyone does business to make money.
Blindly lowering prices, losing money and making money, the capitalists are not so stupid. Except for those who want to monopolize the market. In order to monopolize the market and lose money, it can only be regarded as an upfront investment.
For most industries, there are no monopoly conditions. The threshold for entry is too low, and if a wave of competitors is suppressed, new opponents will emerge, and there will be no monopoly at all.
Business is not a battle of will, and capitalists usually do not do anything that kills a thousand enemies and loses eight hundred.
The market competition is cruel, and it is nothing more than a thinner profit. If the entire industry enters a state of losing money, it means that the industry is going to be eliminated.
Under normal circumstances, even if the era of economic crisis and the Great Depression comes, only some companies will lose money, and most of them will have declining performance and reduced profits.
If it is really functioning normally, there is no large amount of debt, and the market is competitive, the company can still survive.
After all, it is only the late 19th century, there are less than 10 industrialized countries in the world, there are only two and a half real industrial powers, the market is still in a state of savage growth, and the competition is far less fierce than in later generations.
Under the law of the jungle, after weeding out some of the weak, the market will return to normal. There will be no new round of war until the victors have digested the spoils.
It can be said that this is the golden age of the capitalist economy, and as long as you grasp the opportunity, there are too many opportunities to get rich.
……
The market is very good, factories are rising from the ground, and advertisements for recruiting workers are all over the street, but there are few applicants.
As the largest city on the border between Austria and France, Milan is also the first choice for Italian workers to enter Austria. The proximity to home and high wages attract a large number of Italians every year.
With the British textile industry dominant, the Milan Textile Centre has been able to rise to become one of the world's three largest textile centres, and the cheap labour in Italy has also played a great role.
Although Austria has restrictions on foreign workers, it is not completely prohibited. If you have passed the language test and have been accepted by the company, you can enter the country.
This is very inconvenient, and it is very troublesome for companies to recruit people across borders, not to mention that it takes too long to teach each other to speak German.
"There are policies above, and there are countermeasures below." Many migrant workers have been brought by friends and relatives to look for work after entering Austria.
Compared with the rest of Austria, the Kingdom of Milan is not so strict in its management of migrant workers due to its own particularity.
Many people get employed first and then learn the language. Anyway, the factory is also semi-closed, and as long as you don't go out and get caught by the police, no one will investigate it deeply.
In this context, the underground talent recruitment market was born. Newfoundland Street, just outside Milan, is one of the places where factories recruit cheap labor.
At this time of normal times, Newfoundland Street is already bustling with a large number of people who need to work, looking for a job opportunity.
I don't know when it started, but all of a sudden it became deserted. Not only Newfoundland Street, but also many labor recruitment markets in Austria have been deserted, and in some areas there were even more recruiters than applicants at one point.
Mirko is one of those recruits at the Danile Group Machinery Factory. Normally he doesn't work on Newfoundland Street, which is the lowest end of the city's recruitment market, and the applicants are mostly migrant workers.
Not only is the level of education insufficient, but it also takes a lot of time to carry out skills training. After a lot of energy has been wasted, only basic industry workers have been trained.
In contrast, Mirko prefers talent acquisition centers out of the city. Although the salary needs to be paid is higher, the quality of the candidates is also higher, and the excellent ones can be used as junior skilled workers after entering the factory for a few years.
For the machine factory, this kind of skilled worker is far more valuable than pure coolie.
As long as there is a high demand for labor, the work is repetitive, and the industry does not need technology, this coolie will be recruited in large numbers.
Contempt is contempt, many companies have been expanding their production capacity recently, and the labor gap is very large, and the competition for people is great.
I participated in several job fairs in the city, but I was not able to complete the recruitment task. With the equipment all set up and waiting for the workers to start, Mirko had to lower the hiring standards.
Looking at the scene in front of him, Mirko couldn't believe his eyes, is this still the hottest talent recruitment market in Milan, why haven't you seen a few people?
Having been engaged in recruitment for a long time, Mirko's network is still very wide, and he soon met acquaintances in the same industry.
"Faeron, what's going on, have you robbed everyone of you?"
The middle-aged man rolled his eyes and asked, "Do you think I look like a harvested person?" ”
Mirko nodded: "Indeed, with the treatment of your textile factory, it is indeed difficult to rob people. However, you can fool the outside fools. ”
Fei Lun frowned, and said dissatisfiedly: "Mirko is enough, everyone is a peer, saving costs for the boss is our essential job."
Every time I recruit, I make the treatment clear, and sign the contract in accordance with the law, how can it be considered a fool? ”
Mirko smiled slightly, and did not continue the topic. If you didn't know this middle-aged fat man, you would really think that he was a good person.
Back then, Mirko was almost tricked into signing a contract to sell himself when he was just starting out. Fortunately, he is a local, a high school graduate, and a high intellectual, after understanding his identity, Fei Lun didn't want to cause trouble and gave up.
Although Milan is a subordinate state, as the process of legal integration progresses, labor protection laws also need to be observed.
This kind of seriously unfair selling contract, no one will sue it, once it is stabbed, the company will still not be able to eat and walk around.
In contrast, it is much safer to fool migrant workers. As long as the place where the contract is signed abroad, it is a transnational case, and it is necessary to refer to the law on the other side, and the Milan government is not so idle, at most it will rule that the contract is invalid.
was not caught, and the relationship between the two was not good. It's just that because of the business relationship, I have to deal with each other many times, and I slowly get familiar with it, and I am one layer away from friends.
Mirko changed the topic and said: "Feron, I heard that your boss has opened two new branches, and the labor gap is so big, what are you going to do?" Are you interested in organizing a group to recruit a wave in the inland areas? ”
In this year, the recruitment activities are limited in terms of funds, and in order to save costs, it is common for several companies to act together and share the costs.
Fei Lun didn't think about it, and shook his head directly: "Mirko, you think too well. The current situation is that there is a shortage of labor in the whole country, and even in the whole of Europe.
You don't know that the number of workers entering Milan from the Italian region has dropped by nearly seventy percent in the last two months.
I asked them, and it was said that a lot of new factories had recently opened in Italy, and many people were able to find jobs in their hometowns.
It's like this in Italy, so do you need to talk about it in China? The employment panic published in the newspaper is no joke. I have already proposed to my boss that the new branch plan has been postponed.
In the past few years, many of the surplus labor force in China have entered Africa. If you want to solve the labor shortage, you have to encourage the peasants to move to the cities. ”
Mirko was speechless, it was not as simple as it was to encourage the peasants to move into the city. Now the peasants are living a good life, and it is not easy for them to give up their land and work in the cities.
It is better to promote the government level to formulate more favorable policies and accelerate the urbanization process.
Unfortunately, the Vienna government believes that there is overcapacity in the country, and it is too late for the government to curb the rapid increase in production capacity, so how can it introduce policies to expand the crisis?
Urbanization is risky, not as fast as possible. If a crisis breaks out and companies can't afford to go bankrupt, the pressure of unemployment will all fall on the shoulders of the government.
In the absence of conditions, Franz would prefer to urbanize more slowly. The peasants still had to rule a little more than the workers.
As long as there is land and the food produced by one's own family can fill their stomachs, everyone will not rebel. The government can reduce some taxes and gain a wave of popular support.
It's not the same for workers, and as soon as the wave of unemployment hits, the crisis comes. Not wanting to fill their bellies, the revolution broke out in minutes.
With the current productivity, it cannot support a high degree of urbanization. It will take at least 50 years for the era of urbanization to come.
Even the most urbanized Britons still have one-third of their agricultural population, let alone Austria, which is a large agricultural country.
After a pause, Mirko said slowly, "Say it, Faerun." I know you have a plan. As long as it is feasible, your benefit fee is indispensable. ”
Mirko knew that Faren was the master of the rabbit and the eagle, and if it didn't benefit enough, he wouldn't tell him about the plan.
Glancing at Mirko, Faeron shook his head: "It's not a matter of the benefit fee, the key is that the two of us can't do it yet."
If you want to go to the countryside to recruit people, you have to deal with the aristocracy. You should be aware of the changes that have taken place in the country in recent years, and with their intervention, it is difficult for us to obtain cheap labor. ”
Mirko nodded, which is also one of the Austrian characteristics. The aristocracy gave up serfdom and some fiefdoms, but their local influence was still great.
If it's a small fight, it's just a small fight, once you find someone on a large scale, you will inevitably deal with the local snake.
Even now, there are still many traditional aristocrats who do not like the capitalists.
These people have taken advantage of the involvement, whether it is to take a breath or to improve their local reputation.
For example, as a representative of the workers, negotiate with them for their salaries and sign labor contracts in a unified manner.
Fooling ordinary workers, they have a way, and it is not easy to fool these nobles.
If something happens, they will suffer if they make a fuss.
All follow the regular procedures, and the labor cost will increase by at least 15 percent. One or two people are inconspicuous, but once the number is too much, the cost is not small.
The increased cost is only one of the problems, and the treatment of new employees exceeds that of old employees, which will inevitably cause a storm in the future.
After thinking about it, Mirko shook his head: "This matter has to be played with the nobles, it involves too much, I can't be the master, I need to report to the company's headquarters for a decision, and I don't know if it can be passed." ”
Mirko is self-aware, this kind of thing is not something he can participate in at all, and even if many are united, they may not be able to achieve the goal.
Although Austria is a capitalist country, the power of capital is still very limited politically, and the risk of competing with the aristocracy for the right to speak is too great.
Sensing Mirko's abnormality, Faeron hurriedly remedied, "No, Mirko. You're thinking too much, I haven't lived long enough, and I'm not ready to die. I mean everyone pays together and finds a way from abroad. ”
As he spoke, Fei Lun broke out in a cold sweat, didn't he just want to pretend to be forced once, but he was actually reminded of the contradiction between capital and aristocracy.
Whoever touches this thing will die, not to mention a small foot like Fei Lun, even if their boss is involved, it will be over.
It's just too hard.