http://www.etuc.org/press/new-path-europe-fighting-investment-quality-jobs-equality-austerity-not-working#.Uz3E91pwbIU%E2%80%99
Segol’s diagnosis of the immediate problem - austerity - is indisputably correct but what is the cure, the new path, when the European Commission is at the core of the Troika imposing austerity across the EU? The think tank CLASS has provided an important service to the labour movement with the latest in its essay series setting out a range of responses to the question ‘Can the European Union deliver for working people?’
A particularly strong contribution is made by economist Jonathan Michie (author of a seminal 1993 Nalgo publication on the Maastricht Treaty - Implications for Public Services) who states that ‘it is difficult to imagine how the European Union ‘project’ might deliver for working people under the terms currently constituted by the EU, since it has historically been dominated by a rather pro-business policy agenda, operating within the straight-jacket of economic orthodoxy. This remains true today, as economic recession holds back many of the EU member states, and yet no serious anti-recession economic and industrial policies have been adopted at a European level’
http://classonline.org.uk/pubs/item/can-the-european-union-deliver-for-working-people