International Framework Agreements: Possibilities for a new Instrument

Hessler

A new instrument of international labour regulation International Framework Agreements (IFA) are important in international labour regulation. As the globalization of production and markets is increasing, an international regulation of labour is strongly needed. Existing instruments such as the OECD Guidelines for Multinational Enterprises, the ILO Tripartite Declaration of Principles Concerning Multinational Enterprises and Social [...]

Why the Troika is imposing a Cut on Minimum Wages in Greece

Ronald Janssen

In return for getting access to additional financial resources from Europe and the IMF, Greece has now been forced to swallow yet another round of brutal fiscal tightening and social deregulation. One can already predict what its effects will be. The ‘spiral of death’ in which Greece is already trapped will intensify: Wage and expenditure [...]

Revitalising European Industry

Steinmeier

Europe is debilitated with the effects of two years of desperate crisis management. The prescribed treatment resembles the old practice of bloodletting on ailing patients. Growing debts are paid with more loans, and new loans are made dependent on increasingly severe austerity measures. The results are a greater risk of recession, higher interest rates on [...]

Republican Politics and the Unemployment Conundrum

david_coates

In Lewis Carroll’s Alice’s Adventures in Wonderland, the world discovered by Alice was one in which every aspect of reality was inverted. Big things were small. Small things grew big. The Cheshire cat faded into a grin. One side of a mushroom made you grow. The other made you shrink. It was also a world [...]

Global Labour Online Campaigns: The next 10 Years

ericlee

In November 2011, the military dictatorship in Fiji jailed two of the country’s most prominent trade union leaders. Following the launch of an online campaign sponsored by the International Trade Union Confederation (ITUC) and run on the LabourStart website, some 4,000 messages of protest were sent in less than 24 hours. The government relented, the [...]

Free Enterprise on Trial

robert-reich

Mitt Romney is casting the 2012 campaign as “free enterprise on trial” – defining free enterprise as achieving success through “hard work and risking-taking.” Tea-Party favorite Senator Jim DeMint of South Carolina says he’s supporting Romney because “we really need someone who understands how risk, taking risk … is the way we create jobs, create [...]

Ecological and Environmental Renewal Requires Economic Reconstruction

Jonathan M. Feldman

In a panel discussion at New York University last month, Immanuel Wallerstein, Michael Mann, Craig Calhoun and other noted speakers addressed the question, “Does Capitalism Have a Future?” There wasn’t a consensus on the panel.  At one extreme, Wallerstein described a capitalist system unable to sustain itself because of underconsumption and a growing international labor [...]

The G20 and Jobs: Time for Plan B

John evans

When the economic crisis broke following the collapse of Lehman Brothers in September 2008 and the global banking system seized up, workers began to be laid off, families saw their houses repossessed and banks teetered on the brink of collapse. Financial panic knew no frontiers. It was clear that a coordinated global response by governments [...]

It Takes a (European) Central Banker To Understand One

Janssen

In the aftermath of the most recent European Council, there was an avalanche of public statements which, in effect, put the Council’s policy package  into serious doubt. One statement in particular deserves further analysis. In an interview with Frankfurter Allgemeine Sonntagszeitung on the 11th of December, Bundesbank president Jens Weidmann expressed the view that the [...]

What Future for ‘This Great Movement of Ours’?

Martin Upchurch

Trade unions in Britain are at a watershed. This month’s public sector strike on November 30th, involves 3 million workers from 27 different unions. It follows the largest ever trade union organised demonstration held in March and the public sector strike of three quarters of a million workers in June. This wave of strikes and [...]

Decent Work 2.0

frank hoffer

Last month, Juan Somavia, the long serving Director-General of the International Labour Organisation (ILO) announced his departure in 2012. As head of the ILO, he introduced the Decent Work Agenda in 1999 to re-focus the ILO and make it relevant for the 21st century. Twelve years later, the concept of ‘Decent Work’ is firmly established [...]

Is the German Model all it’s Cracked up to Be?

stewart lansley

As an economic model Germany has no shortage of fans. It has enjoyed sustained success and has navigated through the choppy global downturn much more smoothly than most. But is this admiration justified?  For social democrats, less than in the past. Since the millennium, median real wages have stagnated and inequality soared, largely the product [...]