English: Inside the Walmart (still branded as Wal-Mart) at West Plains, Missouri. (Photo credit: Wikipedia)

This Reuters story from Los Angeles highlights the trend towards increasing power of big business and the the ineffectiveness of the unions. It’s a MUST READ, in my view. Check it out!

More than 50 arrested at Los Angeles protest over Wal-Mart wages | Reuters.

Whether one focuses on the US or the UK, the quality of jobs being created by Governments focusing on too much austerity, leaves a lot to desired. For further evidence, see the FT’s article on the UK.

Let me turn this to an open question:

Have employees lost too much power to big-business in the Anglo-Saxon economies like the US & the UK?

Any thoughts?

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