Skip to main content

Posts

Showing posts with the label job cuts

Uneven Development, Job Cuts, and the Crisis of Labour Under Global Capitalism

Internationalism No. 73, March 2025 Page 16 Uneven development is a fundamental law of capitalism. We have a macroscopic expression of this in the changing balance of power between States: Atlantic decline and Asian rise are the key dynamics behind the political processes of this era, including wars caused by the crisis in the world order. But behind all this there is a differentiated economic trend, starting from companies and sectors: hence the differentiated conditions for wage earners. And this is the element to keep in mind for an effective defensive struggle. It’s only the beginning The electrical and digital restructuring imposed by global market competition affects various production sectors. The car industry is the most obvious, due to the familiarity of the companies and brands involved. We have already reported on the agreement reached before Christmas at Volkswagen, which can be summarised as a reduction of 35,000 employees by 2030. Die Zeit [De...

Crisis in Europe’s Auto Industry: Labour Struggles, Class Conflict, and the End of Social Partnership

Internationalism No. 71, January 2025 Page 16 We have on several occasions pointed to the automobile manufacturing sector as an indicator of the shifting economic and, consequently, political balance of power between States. It is inevitable that this also applies to the dynamics of the labour market and therefore to the balance of power between classes. A new social cycle The emergence of the Chinese imperialist giant is also shaking up social relations in the old metropolises. We have defined this moment as the descending phase of social-democratisation , the era in which the “conquests” of the previous ascending cycle are called into question. It is the phase in which what was believed to be guaranteed, including in terms of employment relationships, is in danger of being lost. What appears at first glance as merely an effect of technology (in this sector, specifically the development of the electric car) in fact reflects a more general shift in influenc...