Chapter 672

The prosperity of the market has also led to the prosperity of the stock market. In the face of a piece of good news, everyone's confidence has also reached its peak.

It's easier to retreat in the stock market than a real estate fire sale. Originally, there were selling and buying in the market every day, an increase of a few percentage points, which is also the normal fluctuation of the market.

It is not a period of economic crisis. This small fluctuation is completely within the range of the market. The most typical example is that the stock price continues to rise.

Frankly speaking, speculation in the stock market is far more profitable than manufacturing. However, there are advantages and disadvantages, and high returns come with high risks.

You can’t make much money if you don’t play with leverage, and the risk of playing with leverage is very high. Many times, an accidental fluctuation in the market will take away a large number of speculators.

By 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 there is no problem with the company itself, the loss is within the controllable range. The market is not good, and the big deal is to cut production capacity.

"Bankruptcy" is usually caused by the company's own problems, such as: excessive debt, requiring a large amount of profits to repay the loan; or management problems, failure to replace equipment in time, and the loss of market competitiveness of products; or excessive inventory , took up a lot of money...

It is rare to be squeezed into bankruptcy when there is no problem with the enterprise itself. To put it bluntly, everyone does business to make money.

Blindly lowering prices and making a profit, capitalists are not that 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 up-front investment.

For most industries, there are no monopoly conditions. The threshold for entry is too low, a wave of competitors will be suppressed, and new competitors will emerge, and it is impossible to achieve a monopoly at all.

Business is not a battle of wills. Capitalists usually don't do anything about killing one thousand enemies and self-defeating eight hundred.

The market competition is brutal, and it is nothing more than a thinning of profits. If the entire industry is losing money, it means that the industry will be eliminated.

Under normal circumstances, even if the economic crisis breaks out and the Great Depression era comes, only some companies will lose money, and most companies will suffer from declining performance and reduced profits.

If it really operates normally, without a lot of debt, and with strong market competitiveness, companies can still survive.

After all, it is only the late 19th century. There are less than 10 countries in the world that have completed industrialization. There are only two and a half real industrial powers.

Under the law of the jungle, where the weak eats the weak, the market will return to normal after eliminating some of the weak. A new round of war will not break out until the victor has digested the spoils.

It can be said that this is the golden age of the capitalist economy. As long as the opportunity is seized, there are too many opportunities to make a fortune.

...

The market is booming, factories have sprung up, job advertisements are plastered all over the streets, but there are very few applicants.

As the largest city on the Austrian-French border, Milan is also the first choice for Italian laborers to enter Austria. The advantages of being close to home and high salaries attract a large number of Italians every year.

Under the dominance of the British textile industry, the Milan Textile Center was able to buck the market and become one of the three largest textile centers in the world. The cheap labor in Italy also played a big role.

Although Austria has restrictions on foreign labor, it is not completely prohibited. You can enter the country after passing the language test and having the company accept it.

This is very inconvenient, and it is very troublesome for companies to recruit people across borders, not to mention teaching the other party to speak German, which takes too long.

"There are policies and measures to counter". Many migrant workers were brought by relatives and friends and were looking for jobs after entering Austria.

Compared with other parts of Austria, the Kingdom of Milan is not so strict in the management of migrant workers due to its own particularity.

Many people work 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.

Under this background, the underground talent recruitment market was born. Newfoundland Street outside Milan is one of the places where factories recruit cheap labor.

At this time in normal times, the streets of Newfoundland are already bustling, and a large number of people who need work are queuing up, looking for a job opportunity.

I don't know when it started, but it suddenly became deserted. Not only Newfoundland Street, but many labor recruitment markets in Austria have become deserted. In some areas, there were even more recruiters than applicants for a time.

Mirko is one of the recruits, working in the Daniel Group machinery factory. Usually he does not go to Newfoundland Street, which is the lowest-end talent recruitment market in Milan, and most of the candidates are foreign workers.

Not only is the literacy level insufficient, but also requires a lot of time and skill training. After wasting a lot of energy, only basic industrial workers are cultivated.

In contrast, Mirko prefers talent recruitment centers outside the city. Although the salary to be paid is higher, the quality of the candidates is also higher. After entering the factory for a few years, the outstanding ones can be used as junior skilled workers.

For a machine shop, such skilled workers are far more valuable than pure coolies.

Such coolies will be recruited in large numbers only in industries with high demand for labor, repetitive work, and no need for skills.

Contempt is contempt. Recently, many companies are expanding their production capacity, and there is a huge labor shortage.

Participated in several job fairs in the urban area, but failed to complete the recruitment task. Assume

After the equipment was debugged, waiting for the workers to start work, Mirko had to lower the recruitment standards.

Looking at the scene in front of him, Mirco couldn't believe his eyes. Is this still the hottest talent recruitment market in Milan? Why haven't I seen a few people?

Having been engaged in recruitment for a long time, Mirko's network of contacts is still very wide, and he soon met his acquaintances.

"Phelan, what's going on, have you all robbed everyone?"

The middle-aged man rolled his eyes and asked, "Do you see me as someone who has gained?"

Mirko nodded: "Indeed, with the treatment of your textile factory, it is indeed difficult to grab people. However, you can fool foreign fools."

Phelan frowned and said dissatisfiedly: "Milco is enough, everyone is a peer, saving costs for the boss is our essential work.

Every time I recruit, I make the treatment clear, and sign the contract according to the law, how can it be considered a fool? "

Mirko smiled slightly and did not continue the topic. If I didn't know this middle-aged fat man, I would really think he was a good man.

Back in the day, Mirko was almost fooled into signing a sales contract when he was just a fledgling. Fortunately, he is a local and graduated from high school. He is considered a high-level intellectual. After knowing his identity, Phelan didn't want to cause trouble and gave up.

Although Milan is a subordinate state, with the advancement of the legal integration process, labor protection laws also need to be complied with.

This kind of seriously unfair prostitution contract, no one needs to sue. Once it is stabbed, the company will still be unable to eat it.

In contrast, fooling migrant workers is much safer. As long as the contract signing place is placed abroad, it is a transnational case, and the opposite law must be referred to. The Milan government is not so busy, and at most it will rule the contract invalid.

They didn't get caught, and the relationship between the two was not good. Just because of the business relationship, I have to deal with each other a lot of times, and I gradually became familiar with each other, and I am a layer away from friends.

Mirko changed the subject and said, "Phelan, I heard that your boss has opened two new branches. The labor gap is so big, what are you going to do? Are you interested in forming a group to recruit in the inland area?"

Funds for recruitment activities are limited this year. In order to save costs, it is most common for several companies to act together and share the cost.

Phelan didn't even think about it, and shook his head directly: "Mirko, you think so well. The current situation is that the whole country is short of labor, and even the whole of Europe is short of people.

You seldom come to Newfoundland Street to know that in the past two months, the number of laborers entering Milan from Italy has decreased by nearly 70%.

I asked them, and it is said that many new factories have opened in Italy recently. If they can find work in their hometown, many people will not come.

This is the case in Italy, so why not say it in China? The labor panic reported in the newspapers is no joke. I have already proposed to the boss that the plan for the new branch will be postponed.

In the great immigration strategy in previous years, many of the surplus labor force in China has entered Africa. Want to solve the labor gap, unless you encourage farmers to go to the city. "

Mirko was speechless. It was not so simple to incite the peasants into the city. Farmers are doing well now, and it is not easy for them to give up their land and work in cities.

It is best to promote it at the government level to formulate more favorable policies and accelerate the process of urbanization.

It is a pity that the Vienna government believes that the domestic production capacity is excessive, and the government wants to curb the rapid growth of production capacity.

Urbanization is risky, not the sooner the better. If a crisis breaks out, companies cannot withstand bankruptcy, and the pressure of the wave of unemployment will all fall on the shoulders of the government.

In the case of immature conditions, Franz prefers to slow down urbanization. Compared with the workers, the peasants still have to rule.

As long as there is land, and as long as the food produced by the family can fill their stomachs, everyone will not rebel. The government can reduce or exempt some taxes, and it can also gain a wave of people's hearts.

Workers are different, and once the wave of unemployment hits, there is a crisis. Unable to find a way to fill their stomachs, the revolution broke out every minute.

With the current productivity, it cannot support a high degree of urbanization. It will take at least 50 years for the era of urbanization economy to come.

Even the most urbanized Britons still have one-third of the agricultural population, not to mention Austria, a large agricultural country.

After a short pause, Mirko said slowly: "Speak up, Phelan. I know you have a plan. As long as it is feasible, your benefits will be indispensable."

Mirko knew that Faerun was the master of hawks and rabbits. If there were not enough benefits, he would definitely not tell him the plan.

Glancing at Mirko, Phelan shook his head: "It's not about the benefits, the key is that our two can't make it.

If you want to recruit people in the countryside, you must deal with the nobles. You should be aware that with the changes that have taken place in the country in recent years, it is difficult for us to obtain cheap labor without their intervention. "

Mirko nodded, which is also one of the Austrian characteristics. The nobility gave up serfdom and some fiefdoms, but still had great local influence.

It's fine if it's a small fight. Once you're looking for people on a large scale, you'll have to deal with local snakes.

Even now, there are still many traditional aristocrats who do not like the capitalists.

These people are using it to step in, whether to breathe a sigh of relief or to improve their local reputation.

For example: as a worker representative, negotiate salaries with them and sign labor contracts uniformly.

fool ordinary workers, they have

The only way is to fool these nobles.

If something goes wrong, they will suffer if there is trouble.

All follow formal procedures, and labor costs will increase by at least 15 percent. One or two people are inconspicuous, and once the number is large, the cost is not small.

The increased cost is only one of the problems. New employees are treated more than old employees, and it will inevitably cause trouble later.

After thinking about it, Mirko shook his head: "This matter is going to be a game with the nobles. It involves too much. I can't be the master. It needs to be reported to the company headquarters for decision. I don't know if it can pass."

Mirko has self-knowledge, this kind of thing is not something he can join at all, even if many join together, it may not be able to achieve the goal.

Although Austria is a capitalist country, the power of capital is still very limited in politics. It is too risky to compete with the nobles for the right to speak.

Aware of Mirko's strangeness, Phelan hurriedly remedied: "No, Mirko. You think too much, I haven't lived enough, but I'm not going to court death. I mean that everyone pays together and finds a way from abroad."

As he spoke, Phelan broke into a cold sweat, didn't he just want to pretend to be forced, and was actually thought of to provoke a conflict between the capital and the nobility.

Whoever touches this thing will die, not to mention a small-footed child like Faerun, even if their boss gets involved, it will be finished.

It's so hard.