Chapter 673 Patching

The general trend cannot be shaken by a few small feet, and the introduction of cheap foreign labor is not that simple. Except for the support of the capitalists, everyone else is against it.

Without it, only interest.

The influx of a large number of cheap foreign labor will not only impact the domestic salary system, but also affect social security. Everyone's vital interests are damaged, so naturally they must oppose it.

On this issue, the Vienna government has always been firm. The distinction between primary and secondary is very clear.

It is impossible to ignore the foundation of the country because of the interests of capitalists. Except for highly skilled people, ordinary migrant workers are not welcome in Austria.

At the national level, when the people of the country receive income, the money remains in the domestic circulation; after the migrant workers get paid, except for the needs of life, most of the rest will flow out.

The outflow of wealth is definitely detrimental to the development of the country. Unless there is a real shortage of labor and must be made up by foreign labor, no government will welcome it.

There is a shortage of labor in Austria, but due to the war, there is a temporary short-term labor shortage. As long as the capitalists stop expanding blindly, this problem does not exist.

The workers who are brought in openly are different from those who come in secretly to work as black workers. The latter is illegal employment and can be deported at any time; the former has signed a contract and is a legal worker, and must not be so rude.

To introduce a large number of foreign workers, once the post-war economic crisis breaks out, the domestic employment and labor compensation system will be fragmented, and the vicious circle will further exacerbate the crisis.

The government tried every means to stop the blind expansion of the capitalists, but was actually affected by the lack of labor and stopped this expansion trend. This ending is quite comical.

In the face of interests, all difficulties can be overcome. If there is a shortage of labor, then poach corners. After Christmas, a war for talent broke out in Austria.

In order to recruit more workers, many companies have given unimaginable preferential conditions, such as: free lunch, free accommodation...

Against this background, in 1880, the labor dispute cases accepted by the labor inspection department hit a record low, and social class conflicts tended to ease.

The increase in labor costs has also led to an increase in the operating costs of enterprises, but this small problem is not worth mentioning in the face of the war.

In a favorable situation, the "Golden Age" kept appearing in the newspapers, and many people were optimistic that this was another outbreak of the capitalist economy.

The public did not know the seriousness of the consequences, but Franz had to be vigilant. Prosperity is brought about by war, and once the war is over, it cannot continue.

While people's incomes are increasing, prices are also slowly climbing. Once the war is over, this deformed prosperity will certainly not continue.

After the war, the economic bubble was burst, the crisis of overcapacity broke out, market competition became more brutal, and corporate profits fell sharply.

With the integrity of capitalists, in the case of lower profits, it is an inevitable result to reduce labor costs. Layoffs and lower wages are the most common means.

The income has decreased, but the price has reached a high level. The life of the people at the bottom will become more and more difficult, and a crisis will appear.

Franz wouldn't be able to sleep if it wasn't for a colony to release the floodwaters. He shuddered at the thought of the horrific wave of unemployment.

After hesitating again and again, Franz decided to take the initiative to intervene in the market. When the government intervenes in the market, it must consider skills, and it is definitely not possible to directly intervene in it.

Putting down the newspaper in his hand, Franz instructed the maid: "Notify the heads of the Ministry of Finance, the Banking Regulatory Department, and the National Bank to come to a meeting tomorrow afternoon."

"Yes, Your Majesty."

After that, the sound of "ding bell" sounded, and the maid picked up the phone not far away and started dialing.

I have to admit that the telephone is one of the greatest inventions of the 19th century. Before that, if you want to notify the meeting, you must send someone to pass the letter. You can't do it without a little time.

Now the call is passed, and it only takes a moment. Of course, this is the emperor's prerogative. The special line opened by the telephone company has a special person waiting 24 hours a day to ensure that the connection is completed as soon as possible.

In this era of manual wiring, ordinary people still have to queue up obediently if they want to make a call. It is not too late to wait for half an hour, and it is normal to wait for two or three hours during peak hours.

Since it is purely manual operation, a little accident is naturally inevitable, for example: the most common operator error, which leads to the phone line.

The popular monthly subscription system is now popular, and the telephone company that causes the delay of the call time due to the operation error of the telephone company's personnel will not be responsible for it.

No way, is the overlord-style service. These days, telephones are high-tech products, and telephone companies are monopolized and use them.

No matter how tricky it is, the telephone is much stronger than the telegraph. You can talk directly at home, which is far more convenient than going to the telegraph company to send a telegram.

If you want better service, upgrade vip. This is Franz's idea, copied from the Great Penguin Empire. If you want to improve the quality of the call, then go to Krypton Gold.

As long as krypton gold can be smooth, even a 24-hour dedicated line service can be customized. Privately ordered high-end luxury packages, unless it is a special case, or five minutes are guaranteed to be connected.

As for ordinary users complaining about poor service quality, I can only apologize. In the era of manual wiring, there is no way to talk about service quality.

Can't blame the phone company for treating it differently, it's life forced. A phone as a high-end product is simply not affordable for ordinary people, not even the vast majority of the middle class.

As the newspaper said: "To judge whether the other party has money, you can find out if his family has a phone number."

The richest people are all VIP users of the phone company. As long as they have phones installed, they are all middle-class people.

The internet access fee as high as 500 Aegis, and the minimum monthly phone fee of 30 Aegis, directly eliminated all ordinary people.

Don't think it's too expensive, because the network is set up nationwide, in fact, the phone company is still making money at a loss.

If not for the purpose of seizing the market, it is estimated that, like many European countries, telephones are only exclusive to big cities.

The high cost is actually paying for the research and development and promotion of new technologies. Monopoly management is not only a compliment to developers, but also a real helplessness.

Without core technology, patent fees have to be paid, the cost of infrastructure investment is too high, and the profit prospects are not optimistic. The combination of so many unfavorable factors is simply not affordable for ordinary enterprises.

In the context of continuous loss of money and long-term profits, talking about anti-monopoly is actually nonsense.

Standing on the moral high ground is easy, the problem is to solve the problem? It's easy to break a monopoly, and then what?

Enterprises can't see profit prospects, have no motivation, and do not develop and promote new technologies. The consequences are much more serious than monopoly.

Each era has its characteristics, and the most suitable is the best. The so-called monopoly hinders scientific and technological progress, in fact, it is relatively speaking. Before that, monopoly also promoted scientific and technological progress.

Of course, this is only technically. The premise is that based on scientific and technological innovation, relying on more advanced technology to occupy the market and obtain a monopoly position.

Even in later generations, there are still many monopoly groups, relying on technological advantages. There is no way, the peers are not strong, and they have failed in the market competition.

For the sake of anti-monopoly, we can't stop technological progress and wait for competitors to catch up.

The issue of side effects is temporarily out of Franz's consideration. You can't stop eating just because you might choke to death.

These problems are still left to future generations to solve. Now we still work hard to climb the technology tree and stand out in this cruelest era.

...

Chancellor of the Exchequer Carr: "Your Majesty, we are now in a period of rapid economic development, and a sudden contraction of money can easily cause market turmoil."

Carr can't help but worry. In the era of free economy, the government rarely intervenes in the market, nor does it know how to intervene in the market.

Doing a thing that has never been done before and involves a lot of things, normal people will have doubts in their hearts.

Franz shook his head: "It's not directly shrinking money, we just need to regulate the approval and issuance of loans to ensure the safety of depositors' funds."

The same thing, another way of saying it, produces different results.

Direct and rude intervention by the government, or forcibly ordering banks to shrink their money, will surely be met with a strong backlash. If it intervenes in the name of regulating loan origination, the situation is different.

The latter itself is one of the functions of the government. It protects the funds of depositors and is a noble use, and no one can object to it.

While standardizing loan issuance, there will naturally be some loans with incomplete procedures and falsified information that cannot be approved.

Often these loans are also high-risk loans, and preventing them from being issued not only substantially shrinks money, but also protects savers' funds.

It's not obvious now, but after the crisis, every extra Aegis cash may be a lifeline for the bank.

Franz didn't want to see a large-scale bankruptcy of domestic banks, and then the government was forced to take over this mess, making the finances a lot of debt.

Banking Supervision Minister Alex: "Your Majesty, we still lack the legal basis in this regard, and the government has not clearly stipulated the scope of supervision of commercial loans.

If we blindly intervene without detailed standards, it is easy to abuse power and cause bad consequences. "

Since the suppression of the March Revolution, the Austrian government has embarked on a road of legal reform. The CCP has been busy for 30 years, but still has not been able to fully refine it.

Many problems are discovered and patched. Franz is accustomed to tinkering, and the construction of the legal system itself is perfected through constant exploration, and it is simply unrealistic to do it in one step.

"I will greet the Legislative Council on this issue. You are responsible for cooperating, collecting more cases, and coming up with an implementation rule as soon as possible.

The imperfect parts will be filled later. If the loopholes are plugged, there will be fewer loopholes. This is a long-term work. "

...