Workshop: A070 The European Union today - beyond neoliberalism?

Recently there have been important changes in the areas of monetary policy, fiscal policy, industrial policy and the regulation of wage relations in the European Union. Is the EU moving away from neoliberalism? What are the limits of these changes? What do they mean for progressive forces?

In recent years, the European Union has changed in many respects. First, the European Central Bank de facto contributes to the financing of the national budgets of the member countries of the European Monetary Union, although it is actually prohibited from direct government financing by the EU treaties. Second, the communitisation of member states' debts has taken on a new quality with the NextGenerationEU programme. For the first time, the European Commission is borrowing on a large scale. At the same time there has been a discussion about a reform of the Stability and Growth Pact, meaning a relaxation of the debt rules. Third, industrial policy has taken on greater importance in the context of the desired decarbonisation and further digitalisation of the EU economy. In addition, new rearmament programmes are emerging in the EU. The background to this revival of industrial policy is the intensifying imperialist rivalries in relation to the USA and China. Fourth, the European Commission has recently put forward proposals for regulating wage relations that at least hint at a modification of the neoliberal mode of integration (minimum wage regulation etc.). How far-reaching are these changes and what are their limits? What do these changes mean for progressive forces and social movements?

Info

Day: 2022-08-18
Start time: 16:30
Duration: 01:45
Room: S101 Organization:
Track: Capitalism, health and social crisis
Language: en

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