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Making Europe work-the struggle to cut the workweek
- Source :
- Capital and Class, 71(Summer), 1-10. Conference of Socialist Economists
- Publication Year :
- 2000
- Publisher :
- SAGE Publications, 2000.
-
Abstract
- The launch of the Euro on 1 January 1999 has increased the pressure for EU-wide wage restraints and further flexibilization of labour markets. In the run-up to the European Union summit in Cologne, Dutch ministers Zalm (finance) and De Vries (social affairs and employment) urged their EU colleagues to Europeanise government intervention aimed at keeping wages down, so that profits will go up and (supposedly) more jobs will be created. The OECD (1999: 17) has also said, in a special report about the EMU, ‘There is no guarantee that EMU will set forces in motion that would automatically lead to a better functioning of Euro area labour markets. The sooner countries implement policies that foster greater labour market flexibility, the more they will be to absorb future shocks.’ But ‘the fight for Europe is in full swing’ (Dornbusch, 1997), because in several European countries, most importantly France,1 there are trade unions, social movements and parts of the political left that oppose such policies, and propose a shorter workweek and/or an increase in purchasing power instead. The European Union is facing very high unemployment, and two antagonistic social logics are counterposed to each other (Coutrot, 1997: 40).
- Subjects :
- Economics and Econometrics
History
Labour economics
geography
Summit
geography.geographical_feature_category
Sociology and Political Science
media_common.quotation_subject
05 social sciences
Wage
Labour market flexibility
0506 political science
Politics
Work (electrical)
Economic interventionism
0502 economics and business
050602 political science & public administration
Economics
media_common.cataloged_instance
050207 economics
European union
media_common
Social movement
Subjects
Details
- ISSN :
- 20410980 and 03098168
- Volume :
- 24
- Database :
- OpenAIRE
- Journal :
- Capital & Class
- Accession number :
- edsair.doi.dedup.....5de57bdfc4160d2f3d80c3e3a4975e5c
- Full Text :
- https://doi.org/10.1177/030981680007100101