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The New Collectivism: Pension Reform, Grey Capitalism and Complex Socialism
With the advent of a Social Democrat-Green coalition in Germany, with socialists or social democrats in the governments of thirteen out of fifteen members of the eu and with Communists in the French and Italian Cabinets, the European Left faces an historic opportunity. The swing to the Left in Europe coincides with an extraordinary economic conjuncture, with wide-spread turbulence in global markets and nervousness about the launch of the euro, continuing high unemployment and profound anxiety concerning pension and welfare reform.
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- Henri Jacot: An Unsuspected Collectivism? Pension funds are now huge forces in Anglo-American financial markets. Could they become levers of radical socialization, if their nominal collective ownership were activated from below? Henri Jacot of the French CGT doubts it.
- Robin Blackburn: Reply to Henri Jacot Robin Blackburn develops his argument that pension funds might be unexpected sources of social change.