From the March 1978 issue of the Socialist Standard
"If it were in the power of the capitalist producers to raise prices of their commodities at will; they could (and would) do so, without waiting for a rise in wages.
The capitalist class would never resist the Trade Unions, since the capitalists could always avail themselves of every rise in wages to raise their prices, and thus pocket greater profit."Capital, Vol. II, p. 392
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Len Murray was top banana in the TUC at the time.
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