by From Yanis Varoufakis At the source a link to the UK House of Commons discussion where this idea was put forward can be found. Britain used to have wage councils that set the minimum wage per sector. Mrs Thatcher saw to it that they were abolished, together (effectively) with trades unions and council houses – thus yielding the present Precariat-Proletariat whose palpable anger and frustration is evident across the land. There is no doubt that we need to bring back a modernised for of wage councils. Not just in the UK but across Europe! It is the only way we can safeguard genuine freedom of movement. Here is why: The oligarchs in Eastern Europe, and elsewhere, want the freedom of moving their money around and the freedom to export surplus labour from their country – people who would
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From Yanis Varoufakis
At the source a link to the UK House of Commons discussion where this idea was put forward can be found.
Britain used to have wage councils that set the minimum wage per sector. Mrs Thatcher saw to it that they were abolished, together (effectively) with trades unions and council houses – thus yielding the present Precariat-Proletariat whose palpable anger and frustration is evident across the land. There is no doubt that we need to bring back a modernised for of wage councils. Not just in the UK but across Europe! It is the only way we can safeguard genuine freedom of movement. Here is why:
The oligarchs in Eastern Europe, and elsewhere, want the freedom of moving their money around and the freedom to export surplus labour from their country – people who would rather stay at home if a living wage were available locally. These oligarchs must be told in no uncertain terms: Your freedom of movement (and that of your money) is conditional on legislating a living wage in your own country for your citizens. This is a condition for being part of a European free movement area. And this condition must be imposed by the EU! Why does Brussels think it has a right to come to, say, Greece, to impose cuts to the lowest of the low pensions? How about imposing, instead, across Europe a minimum living wage and pension which terminates instantly involuntary migration, and thus safeguards genuine freedom of movement?