The Eu Common Market

by

Is the EU Common Market really Common?

How can we as students of EUL and researchers challenge political paradigms that characterise European Union (EU) Common Market? First , looking at the term sustainability of the commons, it has become a new buzz word, and part of its popularity rest with its ambiguity. Many have attempted to define it, but none links it to the common life-ground (Sumner,2005). I think that the concept of civil commons, however, opens up the possibility of also looking at the effectiveness of our “common EU agricultural and or free movement system” within the confines of the common and would seem to raise the concept of the EU Common Market to a new level meant to be constituted on the pillars of life-coherent, sustainable, and just. My issue with operations of the EU common market lies on its objectives of free trade and distribution of goods and movements of people. Of course this is bound to swell immigration in some quarters of the union as sustainability of the commons. Yet there is so much brouhaha about the quiet enjoyment of  free movement in the UK. Is this a tragedy or a comedy of the sustainability of the commons as e see it in the EU common market domain? Anyway, according to Mc Murtry (1998) we  should note the term civil commons are around us, but have never been collectively name: Public education systems, universal health- care programs, building regulations, water and power installations, bridges ,social safety protections, laws. libraries, public broadcast media, sewage systems and social assistance. In essence, the nature of the civil c0mm0ns can be expressed as follows:

It is society’s organized and community- funded capacity of universally accessible resources to provide for life preservation and growth of society’s members and their environmental life-host. The civil commons is, in other words, what people ensure together as a society to protect and further life, as distinct from money aggregates (McMurtry 1998,p.24)

Therefore if our common Market operations whether in people free movement or goods services are closely linked to sustainability of the civil commons, then moving from the noun “sustainability” to the adjectives “sustainable” carries the same meaning I think that a sustainable labour systems involves an interdependent web of activities generated by a set of structures and processes that built the civil commons with respect to the production processing, distribution, wholesaling, retailing, consumption and disposal of foods ( Sumner,2010)

However, it should be noted that the breaking barriers to the free movement  of goods and services should stimulate trade. In any event, the free movement of goods and services allows the production of goods and services to take place where it is relatively most efficient. Similarly, the free movement of capital of people theoretically increases the efficiency with which inputs to production process are allocated, by allowing investment and labour to flow to where returns are highest. Theoretically, this serves to reduce prices and overall economic welfare.

In practice achieving free movement of capital and labour means the elimination of capital and exchange  controls,  freedom for businesses to invest and locate wherever they wish in the European Union (EU) without discrimination, and,  more controversially, the  elimination of immigration restrictions within the (EU) . Although there are practical benefits, there remains concern that the free movement of labour especially comes with economic costs, in the form of depressed wages and unemployment for the domestic population, and pressure on public services of which we seem to be in denial of the benefits of the Common Market as seen above. So is this the  tragedy of the commons or a sore comedy of its beauty? Good as it may, it should be remembered that  this flaring concept of a single European Common market was seriously challenged by Margaret Thatcher in her ‘her Bruges speech’ when she stated that ‘we have not successfully rolled back the frontier of the state in Britain, only to see them re-imposed at a European level, The position of the UK government with respect to the single Market remains similar today when she said. ‘The right way of strengthening the social dimension of the single market is to allow member state to regulate their labour market and their social systems according to their needs and political priorities. Such differences within the EU about the purpose and objectives of the single market heighten the sovereignty of trade-off, and increase the potential for divergence between EU regulation and the measures that would otherwise have been pursued at a national level”

Advertisements

One Response to “The Eu Common Market”

  1. victoriaevbuomwan Says:

    the fundamental objective of the treaty of Rome and Article sets out its objective, as establishing a common market, through trade integration and liberalisation amongst the participating member states and also necessitate the free movement of production factors. Free trade in reality is not fair for all, hence the inequality amongst member states

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: