Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-27-Speech-2-057-000"
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"en.20110927.4.2-057-000"2
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"Madam President, the Caspary report rightly points out that free trade is not an end in itself, that there are economic, social, environmental and moral interests which must be defended, and that perhaps globalisation is not as wonderful as the Commission continues to believe.
The problem is that the Caspary report is founded on a belief that this globalisation is inescapable and, inevitably, in a belief in the virtues of global free trade, slightly improved at the fringes by some regulation or other. Yet, this system, as it has been operating for almost 60 years, has proven to be deeply unfair and destructive. It must therefore be changed. Widespread free movement of capital, goods, services and people has led to mass unemployment, relocalisation, deindustrialisation, pressure on wages, frenzied speculation and ultimately, whether you like it or not, to the unprecedented global crisis which we are experiencing today.
We will not, in the near future, be competitive in relation to countries which use and abuse their comparative advantages, which do not respect their international commitments, and which practise dumping and counterfeiting. The global trade war is inequitable; we must restore the necessary protection."@en1
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