Local view for "http://purl.org/linkedpolitics/eu/plenary/1999-11-03-Speech-3-069"
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"en.19991103.6.3-069"2
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"Mr President, many things have already been said which I think can be summarised in this way: either the macroeconomic dialogue is sheer hypocrisy, hiding the lack of a real economic policy for the Union, and so it is completely useless, a mere imitation and a waste of time, as other Members have already said, or the macroeconomic dialogue is something real and substantial, and so there is hypocrisy on the other side and they are trying to use flimsy words to hide the danger, to my mind, of a trend towards State intervention in the European economy. What does macroeconomic dialogue actually mean? What could it mean? According to the sacred texts of the economy, it means conciliation and policy on revenues, which Mr Della Vedova has just reminded us have been around in Italy for some time, with the results he emphasised. So macroeconomic dialogue and policy on revenues basically come down to wage policy and pay moderation policy? Let us just admit it! A group such as the European People’s Party – Democrats cannot agree with this because its aim is the free functioning of the market, which leads to the free distribution of revenues, starting with workers’ income in particular. Workers’ income must be linked to productivity, and not to coordination strategies of varying degrees of obscurity decided upon by others.
Furthermore, who are the participants in this macroeconomic dialogue? The Council? The States? The Commission? The European Union? The European Central Bank? Well, when free traders see the Central Bank in this group they go into a state of shock – a Central Bank can never be part of an assembly of this kind, never! If, in fact, the Central Bank tells the truth, it commits harikari, so to speak. If it does not tell the truth when talking to the other participants – as indeed it should not because the Central Bank should do otherwise – then it is telling lies and wasting time. Then there are the social partners. Well, these four participants are a highly dangerous mix which, on the one hand, is trying to eliminate Europe’s real problem, which is the lack of a real economic policy and, on the other hand is doing its best to clog up the system with negotiating games of varying degrees of obscurity, and to hell with unemployment and to hell with the market.
Just one more point. Cologne had based its hypothesis for an employment pact on three pillars, but too little is said about the third pillar, the liberalisation of the markets."@en1
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