Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-11-18-Speech-2-337"
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"en.20081118.29.2-337"2
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"The credit crunch, this deep crisis in the capitalist system, is the current scourge of workers, exacerbating the problems of unemployment, undermining social insurance and pension systems and further reducing the income and standard of living of working class families.
Capital and its political representatives are placing the burden of the credit crunch on the shoulders of workers and are attempting an all-out attack on workers’ rights in order to safeguard their profitability.
The Council and the Commission in their statements and the European Parliament are adopting the positions of capital and persisting with the same catastrophic economic and monetary policy by calling for faster capitalist restructurings and reforms at workers’ expense. They support Economic and Monetary Union, the Maastricht Treaty and the four freedoms, the Stability Pact and the reduction in social spending within the framework of financial discipline. They are calling for stricter supervision of the Member States by the EU and they welcome and are strengthening its socially uncontrolled role in order to support capital more effectively. They are calling for faster and more faithful application of the anti-labour Lisbon Treaty and the general orientation of the economic policy of the EU.
The experience of workers and the working class itself is leading them to rebut and counterattack the policy of barbarity."@en1
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