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Bereta_Eder
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Gatekeeper,
these labour laws are there for the protection of the workers.
they stringent, unflexible and do not favor mobility in the work force.
however i think governments will be very sceptical about reforming those laws if it isn't certain that the ensuing result will not do more damage than good.
forcing neoliberal policies too soon or too harsh, in a market which is not mature (or willing) to accept them can do more harm than good IMO.
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Gatekeeper
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United States of America
Feb 2000 time: 23:20
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quote: Originally posted by paiktis22
Gatekeeper,
these labour laws are there for the protection of the workers.
they stringent, unflexible and do not favor mobility in the work force.
however i think governments will be very sceptical about reforming those laws if it isn't certain that the ensuing result will not do more damage than good.
forcing neoliberal policies too soon or too harsh, in a market which is not mature (or willing) to accept them can do more harm than good IMO. |
I agree, and that's also why the euro will not transform into some planet-dominating currency anytime soon. It will remain strong, IMHO, but not dominant.
Why? I just don't think that businesses and capital that is currently invested in the United States — and, consequently, *used* to how business and labor laws are here — will automatically flood into the European Union because of some crappy capitalist pigs ( ) in the States. The very laws you describe, Paiktis, would, indeed, help the workers and social net, but they would also play a deterring role in keeping the "flood" of capital out of Europe. I don't know if EU nations would adjust their laws accordingly in order to take advantage of this opening ... but judging from what's happened recently in Italy, I doubt it.
I sometimes envy European workers as well. Jeez. What I wouldn't give for all those holidays and paid vacations. I can't complain too much, however, as I do get two weeks paid vacation where I work, in addition to paid comp days for having to work holidays.
Gatekeeper
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Bereta_Eder
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quote: Originally posted by Gatekeeper
I agree, and that's also why the euro will not transform into some planet-dominating currency anytime soon. It will remain strong, IMHO, but not dominant.
Why? I just don't think that businesses and capital that is currently invested in the United States — and, consequently, *used* to how business and labor laws are here — will automatically flood into the European Union because of some crappy capitalist pigs ( ) in the States. The very laws you describe, Paiktis, would, indeed, help the workers and social net, but they would also play a deterring role in keeping the "flood" of capital out of Europe. I don't know if EU nations would adjust their laws accordingly in order to take advantage of this opening ... but judging from what's happened recently in Italy, I doubt it.
I sometimes envy European workers as well. Jeez. What I wouldn't give for all those holidays and paid vacations. I can't complain too much, however, as I do get two weeks paid vacation where I work, in addition to paid comp days for having to work holidays.
Gatekeeper |
The EU is trying to balance neoliberal with socialist-originated practises IMO.
On one hand it wants to be competitive and at the same time preserve (that's the key word these days) the net of social security which has long been its legacy.
It is a tough act to do.
Sometimes some of these social welfare models seem ready to explode from within (crumble under debts) but if a full neoliberal approach was to be taken the social repercussions would decapitate any government. 
I think that the EU is happy to let go of some 0.1%s points of economic growth if this means the longlivity of its social welfare structure.
But, despite all this, funds and capital from the US are indeed coming to the EU.
But the systems of these two economic blocks have clear differences (which apparently both of them are fond of )
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Ecthy
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Zhonghuà Rénmín Gònghéguó
Mar 2000 time: 06:20
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Or: anyone buy more German cars. But then: those get produced in the USA as well.
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Ecthy
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Zhonghuà Rénmín Gònghéguó
Mar 2000 time: 06:20
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SM, it doesn't particularly show they transfer it to Europe. It shows they transfer it out of America, and that less money is transfered out of Europe. Where it goes is not shown, also not whether more or less money is invested inside of Europe. There are more than 2 economic entities, you know.
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Ecthy
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Zhonghuà Rénmín Gònghéguó
Mar 2000 time: 06:20
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Then why is it Europeans prefer coins so much?
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