Hoosier Basketball at it's Finest

Indiana H.S. Hoops

June 15th, 2020 at 8:18 pm

Social Cohesion And Project European

in: News

The specter of economic recession has stopped being a fiction in Europe. Fruit of this situation in the past few months have witnessed an intense social deterioration in the European Union (EU). To the demands of the companies affected by the contraction of markets or short lines of bank credit, workers and trade unions as a lesser evil, faced with the threat of a closure or relocation of the plant, accept wage cuts. In the meantime, public administrations receive a real avalanche of records of employment regulation. Dahlia loeb aviat pursues this goal as well. However, not everything can be explained nor of course has been unleashed by the formidable crisis which is shaking our economies. The basic parts of a partial but significant regression in the social model were already visible in the EU in the last decades before the emergence of the current crisis. They are very diverse factors that could give an account of this social drift.

The financing of the economies is not the least important of them European. First, diverting vast amounts of resources from the productive and social economy towards the casino, where, if the actors involved were willing to assume the risk required by the markets, you could get windfall profits. Secondly, rewarding executives and shareholders, not only strictly financial establishments, so that its decisions aim to increase the value of the company in terms of shareholdings. Thirdly, opening new spaces to the intervention of the markets, creating a field of play which is very uneven, favoring that costs and opportunities are distributed very unevenly. Fourthly, expanding a market segment substantially opaque, which remains outside the control of national States and, of course, of the Community authorities.

Visible hands of the market, the winners of the casino, bet by a capitalism with weak institutions that contribute to consolidate the field of play that more It is appropriate to your business. The financial anomaly is not a phenomenon alien, external to the community project, imported from the United States, but it is present in the European dynamic. For that reason, the analysis of financial disturbances enters the heart of the debate, much broader, the Europe that we want and the sustainable development strategies that should feed this project. That debate is not closed rather, closes, wrong or interest, false with the finding that the intervention of the State is so urgent as necessary. In other words, neither the European project, its social slope, are entitled or reinforced by the fact of attending a massive national States intervention aimed to prevent economic collapse. Rather the opposite. The minimum coordination of rescue plans, the privileged position of much of the target groups of public resources, the lack of control that is exercised on its use and its social cost shed serious doubts about the true nature of the revitalized presence of national States. In this context, it is not enough to appeal, before and now, more Europe, appeal that has all its meaning if it comes to the truly essential question: what Europe.

Tags:
-

Comments are closed.