City analysts and bank bosses are talking up the economic recovery to prevent the free market model of capitalism being reformed, warns Brendan Barber, the TUC general secretary. He says such talk "masked a hidden agenda". "If the economy is on the mend then we can go back to business as usual," he will tell a summit hosted by the International Labour Organisation in Geneva. "There is no need for action on jobs, no need for proper regulation, no need to crack down on the tax havens.The neoliberal model is not bust, and we don't need to build another kind of economy." He will also argue that while there were tentative signs of improvement in the global economy, unemployment will continue to rise for many more months. "It's only when people are back in work - in good jobs that pay decent wages and support demand - that this crisis will finally be over," he says."
Copyright Speakers Corner 2016