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Europe in Crisis: A Critique of the EU's Failure to Respond
EU countries have made little attempt to co-operate at EU level to address the financial crisis. They have in general followed non-cooperative strategies, involving competitive wage reductions, social dumping and fiscal competition. EU pronouncements continue to reflect supply-side ideology, repeatedly stressing the need to make labour markets more flexible. When it comes to combating poverty, the EU has avoided any attempt to establish a concerted policy, and there has been a striking failure to set concrete objectives. And in the area of climate control, while there is wide unanimity on what needs to be done, there is a lack of political will. There is an overwhelming need for an integrated EU strategy that strengthens the recovery programmes initiated by member states, and promotes a wider transformation aimed at achieving full employment with good work, social justice, an eradication of poverty and social exclusion, ecological sustainability, and international solidarity.
This Memorandum was formulated on the basis of discussions at the 15th workshop of European Economists for an Alternative Economic Policy (EuroMemorandum Group) on 25-27 September 2009 in Berlin. It is based on written contributions from Wlodzimierz Dymarski, Trevor Evans, Miren Etxezarreta, David Flacher, Marica Frangakis, John Grahl, Mahmood Messkoub, Catherine Sifakis, Diana Wehlau and Frieder Otto Wolf.
Dedicated to the memory of Jörg Huffschmid (1940-2009)
The EuroMemorandum Group consists of economists from many European Union member countries who take a highly critical view of the EU's economic policies. Current policies restrict employment and abandon social control to unregulated markets. The Group argue for different policies with different priorities: to move towards full employment, to promote social justice and to protect the environment. Each year, the group holds a conference which jointly produces a memorandum assessing the current economic policies of the EU, and making the case for an alternative approach.
If you would like to be informed about future activities of the group please send your name and email address to: Jacqueline.Runje@uni-dortmund.de
This
memorandum is published by the EuroMemorandum Group, and made available to this
website by mutual agreement. For more information on the EuroMemorandum Group
visit their wesite:
http://www.memo-europe.uni-bremen.de/euromemo/indexmem.htm
EuroMemorandum 2008-9 is still available
