I wasn't serious about advocating a multinational monoculture. But in the context I elaborated (where the multinational was willing and able to pay a decent minimum wage) what would be the problem?I'm pretty sure that would lead to the owners/controllers of said multinational rigging the political system and immediately getting rid of all those laws.
I am obviously neither in favour of nor anticipate that having seat-of-the-pants exploitative care home owners and the like going bust and taken over by people willing and able to pay a higher minimum wage will lead to multinationals taking over and destroying our way of life.
Imagine a multinational comes in and buys some failing care homes. They would be subject to British laws. But actually, no. I said that I think that care homes and schools should be nationalized. Part of state provision. Like it was. Other low paid industry in the private sector is a different matter. It is hard to see how anything other than the free market can operate there, and perhaps there should be no minimum wage at all in the wider private sector. If people don't like the wages offered they can get on their bike and find another job. Or maybe the minimum wage should just be kept low, raised only if we have a National Strike. All sounds mad doesn't it? Perhaps Labour will have clever answers....
So, a few simple things could be done. Nationalize all heath and education would be a start However, there is no wider clamour for this so it won't happen. Where does that leave us? If sensible people like you are afraid of a minimum wage increase in case companies go bust and are bought out by multinationals, we are stuffed. If nobody wants to vote for change (I mean Labour rather than nutters), then we won't get change. In fact I'm not sure Labour will do anything radical anyway.
So we may as well stick with the devil we know and vote conservative. Millions will.