Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-13-Speech-2-112-000"
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"en.20111213.5.2-112-000"2
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"The statements by the President of the Commission, Mr Barroso, and the President of the European Council, Mr Van Rompuy, as well as the stand taken by the political representatives of capital in plenary of the European Parliament on the outcome of the EU summit held on 8 and 9 December, illustrate yet again that this new compromise is an abortive compromise. The conflict is escalating between the bourgeois governments of the EU Member States, which are defending the interests of their own monopoly groups in the face of relentless competition as to who will lose less and who will lose more from the inevitable collapse of capital that will result from the deep capitalist crisis in the EU and the euro area. No ‘fiscal compact’, no ‘strengthening of economic governance’, no ‘golden rule’ on balanced budgets or ‘debt brake’ in the euro area and the EU can overturn the capitalist law of unequal economic growth, which is increasing as the crisis develops. These iron mechanisms are being set up to save the monopolies and crush the people with a new storm of anti-labour measures throughout the EU: spiralling unemployment, wage and pension cuts, flexible forms of employment as the general rule, abolition of collective agreements, increase in the retirement age and the abolition of national insurance, health, welfare and education systems and social benefits. They are making the workers’ lives a living hell."@en1
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