The French President Jacques Chirac may be a pain in the butt to Blair,Howard and Bush but he at least puts his Nation’s interests first! In an effort to stop foreign take-over of major French firms he proposes that French workers should hold a considerable share- holding in French firms,“this would guarantee stability—it is a way of linking employees with the success of their company. It is also a way anchoring those firms in our territory”.
Pension funds could also be used to give workers a stake in their firms. Blair and Howard on the other hand faced with a huge trade deficit cannot sell our few remaining assets quick enough.
Industry goes overseas and Australian workers do not care as long as they receive a fat redundancy pay out. Their lack of a future will not worry the union movement until it is too late.
