The 'trickle down' theory so popular in government circles in the Eighties has been shown not to work, as the gap between rich and poor has widened and a large underclass has been created. That is why I believe we need a solid base of social rights as envisaged in the Europe social charter and Social Chapter together with a charter for employment rights, as advocated by the TUC.
Without such a framework, the danger is that society will become more and more polarised between those having standards of living as good as any in the world and others who are expected to accept the standards of low-cost countries. We will move forward faster if we recognise that decent working conditions are the best way to create wealth.
Trades Union Congress
19 MayReuse content