The new Employment Act is an ideologically driven trap for employers 

Sunday Standard The new Employment Act is an ideologically driven trap for employers  “You don’t need to be a neoliberal to see the benefits of the price mechanism, of competition, or of supply-side responses to scarcity.”- Kristian Nimeitz  The new employment act, otherwise known as the Labour Relations Act, is very big on protecting employees’ rights and there is nothing wrong with that. In the process, however, it ignores the price mechanism.  It puts ideology over economics and wilfully ignores the fact that labour as an input has a price. As a result, it therefore does little to promote investment and job creation.  .ihc-locker-wrap{}There's more to this story But to keep reading, we need you to subscribe. Investigative journalism is an indispensable part of a healthy society, but it's also expensive to produce. We are reliant on subscriptions to fund our work, and while you can enjoy most of our stories for free, a small number of premium features are reserved for subscribers. You can subscribe for one week, a month or a full year - the choice is yours. Save 77% on an annual subscription. Click here to find out how. Existing subscribers can log in to keep reading here. jQuery(document).ready( function(){ jQuery('#iump_login_username').on('blur', function(){ ihcCheckLoginField('log', 'Please complete all required fields!'); }); jQuery('#iump_login_password').on('blur', function(){ ihcCheckLoginField('pwd', 'Please complete all required fields!'); }); jQuery('#ihc_login_form').on('submit', function(e){ e.preventDefault(); var u = jQuery('#ihc_login_form [name=log]').val(); var p = jQuery('#ihc_login_form [name=pwd]').val(); if (u!='' && p!=''){ jQuery('#ihc_login_form').unbind('submit').submit(); } else { ihcCheckLoginField('log', 'Please complete all required fields!'); ihcCheckLoginField('pwd', 'Please complete all required fields!'); return FALSE; } }); } ); The post The new Employment Act is an ideologically driven trap for employers  first appeared on Sunday Standard and is written by Stephanus Gentium