Weinstock, managing him apart from us lesser mortals.
not been deflected doch's gazumping of his bid for the Times.
Office, communication is a key business, with five factories in Coventry Treforest, Aycliffe, this multinational giant. THE Tories' decision to elevate Sir Arnold director of GEC, to become Lord Weinstock of Bowden wasn't short sighted. As head of GEC, his ability to purchase successful race-horses and talented servants (Kissinger and Angus Olgivy) has set As an individual of modest means (he owns 2,779,441 shares in GEC on which he made £327,974 in 1980) he has from his chosen vocation as the messiah of Britain's regeneration, despite Rupert MurFor GEC, one of the three main suppliers of the Post word. telecoms and other sites . Hartlepool, Glenrothes and Kirkaldy, is a highly profitable section ot A substantial part of Post Office business goes its way, with its business communications' systems featurAfter all, without such systems, the rationalisation of industry to which Lord Arnold is so commajor part in the project of . The introduction of this system is bound to undermine jobs and conditions for Post Office , but what about the workers in GEC?
GEC is certainly doing well out of it. Profits in the automation and telecommunications group alone rose from £76 million in 1978 to £101 million in This is the transformation into hard cash of Lord Arnold's belief in an 'effort to reverse the steady increase in the share of national wealth disposed of by the state Despite the myth put about by Lord Arnold and his friends in Thatcher's government, increased profits and increased productivity do not create jobs. Despite GEC's vast profits and productivity increases of over 200% over With the breaking of the Post Office monopoly, com pennon in the private sector of telecoms Will get herce GEC telecoms jobs will follow those lost in other areas carries through his ruthless schemes to get his hands on 'the share of national wealth' disposed of by pipe-dreams and fantasies about 'planning agreements' with the likes of Weinstock, but an offensive by telecoms workers in the public and organisation between Post Office workers and the supply side can frustrate the ambitions of Keith Joseph and Arnold Weinstock and lay the basis For new readers we are offering TEN ISSUES of Socialist Challenge for the incredibly low price of E2 With 12 month subscriptions we are giving away a Economic : Disaster by Harrison, publisnea oy Complete the form below and rush your order to: 'Socialist Challenge, PO Box 50, London N1 2XP Cheques and POs payable to 'Socialist Challenge .
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