Activities of Paul MURPHY related to 2013/2006(INI)
Shadow opinions (1)
OPINION Reindustrialising Europe to promote competitiveness and sustainability
Amendments (4)
Amendment 5 #
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Stresses the fact that de- industrialisation across Europe has been taking place since the 1970s. This general trend in the developed countries of increased investment in the financial sector rather than in industry has stimulated and led to a bloated and deregulated financial sector which was central to the development of the world economic crisis;
Amendment 19 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Points to the historically low level of investment in the real economy as a percentage of GDP; is of the opinion that international, including European, corporations have effectively engaged in a 'strike of investment' and at the same time have hoarded huge amounts of cash reserves; supports the idea that this unproductive capital needs to be used in the interest of developing society and therefore should face a capital tax to enable it to be used in a public investment programme to create decent jobs, in particular for young people;
Amendment 39 #
Draft opinion
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Underlines that a successful and sustainable industrial policy in the interest of working class people and the environment will only be achieved if the key sections of the European economies are taken into democratic and public ownership and if a Europe-wide plan of research and production, that takes into account the needs of the majority of people, is developed and implemented;
Amendment 55 #
Draft opinion
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Considers nationalisation a legitimate measure to protect jobs in the industrial sector and elsewhere; therefore calls on the European Commission not to stand in the way if Member States intend to nationalise companies that threaten job losses, closure or relocation;