Confronting Finance: Mobilizing the 99% for economic and social progress

Book Lauch and Panel Discussion with Mr. Vasco Pedrina, Vice President of Building and Wood Workers International (BWI- Europe Region), Mr. Frank Hoffer, Senior Research Officer (ILO-ACTRAV) and Ms. Phumzile Ncube (Editor).

The unfolding economic crisis has unequivocally proved that neoliberal policies were no better for growth than for social progress. As poverty and inequality are rising to alarming levels in Europe, the old continent seems at a loss to respond. Political leaders seem content to liquidate the social gains made by workers’ struggles. A small minority, possibly even smaller than 1 per cent, associated with the financial sector, stands to benefit from a deepening of neoliberalism.

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This new anthology of essays from the Global Labour Column explores Europe’s turmoil and challenges the deep-rooted consequences of neoliberalism in the North and the South. It sheds light on new movements and ideas which are emerging to defend and mobilize workers, and points to encouraging new policies and directions which could lay the foundations of a new order that would put decent work and life at its core. A number of these come from the South, from which the North may have much to learn.