Who Wins?

(*** Stuk is inmiddels vertaald en op globalinfo te vinden ***) While Labor Unions celebrate Anti-Austerity Day in Europe, European Neoliberals raise the ante:
Governments must Lower Wages or Suffer Financial Blackmail

Most of the press has described Europe’s labor demonstrations and strikes on Wednesday in terms of the familiar exercise by transport employees irritating travelers with work slowdowns, and large throngs letting off steam by setting fires. But the story goes much deeper than merely a reaction against unemployment and economic recession. At issue are proposals to drastically change the laws and structure of how European society will function for the next generation. If the anti-labor forces succeed, they will break up Europe, destroy the internal market, and render that continent a backwater. This is how serious the financial coup d’etat has become. And it is going to get much worse – quickly. As John Monks, head of the European Trade Union Confederation, put it: “This is the start of the fight, not the end.”

(lees verder op website auteur: http://michael-hudson.com/2010/10/who-wins/)