- Some, in their simplicity, believe that capitalism can be regulated in Europe through the European Parliament. A columnist from the Spanish newspaper El País, with that parliament at the top, said: “Capitalism is invincible if there is no political will to regulate it.” But I think there's nothing to regulate capitalism, and we see it day by day. Here are three examples, through three press releases.
One. USA, Goldman Sachs, with a work day of 95 hours a week, has asked that "one of these teams do not exceed 80 hours a week and respect the rest between 21:00 on Friday night and Sunday morning". Thus, they have agreed to enter this bank because “the wages of the future will be vertiginous”, according to the correspondent.
Two. A social justice court in Bilbao analyzes the complaint lodged by 285 riders against the practices of the service company Glovo. The work model of this company is based on enormous precariousness, takes into account the work score and in this way encourages workers to take to the extreme their precarious conditions – such as not resting – to stay on the wheel of hiring.
Three. Telefónica, for its part, will propose to its General Assembly that the company’s 809 managers receive a prize of EUR 200 million in five years distributed over three cycles. In this way, if the president manages to approve this measure, he will receive an additional EUR 5.6 million in the first cycle; the CEO, EUR 4.68 million, and so on. To do so, they must achieve several objectives: to increase the quotation of cash shares and cash flow, and to eliminate polluting emissions.
That's pure and hard capitalism: facing the workers and burdening the bank accounts of their managers.