Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-11-14-Speech-3-051"
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"en.20071114.2.3-051"2
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"Madam President, the economy should be for the benefit of the people and not the other way round. Natural differences in the tempo of movements of capital and labour in the age of globalisation are leading to a spiralling drop in employment standards. Manufacturing is moving to areas with ever lower salaries and ever more dangerous working conditions. This leads to loss of jobs for employees in regions with higher employment standards and to a loss in the purchasing power of employees, which damps down demand for consumer goods.
If the European Union wishes to be successful in the age of globalisation, it has to find effective tools to combat social dumping and to uphold and protect Europe’s social dimension."@en1
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