Local view for "http://purl.org/linkedpolitics/eu/plenary/2017-01-19-Speech-4-034-000"
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"en.20170119.3.4-034-000"2
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"I will happily enlighten you, because we continue to treat the market as though it is some sort of god – ‘we must not interfere with the market’; ‘the market will react’. Well, the market depends on people being able to spend money, and if you don’t have any money, then the markets cannot successfully work. So we need to pay people a decent living wage; we need to ensure that they can rent properties, unlike in my country, Ireland, where they’re being made homeless because they can’t afford the rent and we are having to pay for them to stay in hotels. That’s about subordinating the social to the economic. This week, Oxfam announced that eight billionaires own the same amount of money as 50% of the population of the world. Unless we address that inequality, then I’m afraid your wonderful market is doomed to fail when people don’t have the money to spend in it."@en1
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