This crisis, like that of 1929, is the disconnection of wages and profits and the development of a fiscal cannibalizes the results of the economy. The share of wages in the value added fell in two thirds of economists in the world and especially dramatically in Germany. The France does not escape the observed trend, it preceded it 25 years ago!... However, the swelling of the profits increases not self-financing of firms but the bubble! The world economy is in need of regulation, and the reduction of inequalities is a lever of development and not only a social objective. The most appropriate solution would be a coordinated increase in wages, first in the EU.
At least in the euro zone there are two ways to deal with the crisis. The first emphasizes coordination, cooperation, compromise and respect for the interests of everyone, in particular the poorest, the search for the long term.

The second way is to defend its own interests. "If market shares are reduced, Act to preserve ours." This is the path selected implicitly by the Germany, since the reforms initiated by Schroeder. It is a way that the France has performed at other times, the compression of wage costs, or even of their relative decline. It has a name that has left many bad memories: disinflation compétitive
Of course, we hear French voices rise: "we have no other choice than to follow". Lowering wages, reduce costs. "Some already evoke the hypothesis of wage austerity. Of course, if the France step the step to the Germany, the Spain, the Italy and other suivraient And if we comprimions more than the Germans, that would be the Germans Would it connect also Romanian, Bulgarian or Chinese wages This worm is a path to nowhere which would lead to widespread depression.
Moreover, even if the share of German wages in the added value of the German economy fell dramatically, French wages are still, today, lower that those performed in Germany, because the German industry is more productive and more specialized than the French industry. The reasons for the industrial decline of the France, and therefore of our external deficit is more structural domains: qualification of employees, the mesh and the Organization of the industrial fabric, size companies.
For the France, the industrial recovery is necessary. But employees have already given. In 1982, the reasons were based: deficits and weaknesses of the self-financing of firms. Employees received no consideration for their efforts. Worse the blocking of wages has persisted. But, precisely, can we draw to top our working system with a policy of low wages Very objectively, it should be recognized publicly and officially that the capital has to work a debt, which reads in the anemia of wages and the deficit of social budgets. At the time where undertake major negotiations, should be borne in mind that the fruits of labour contributed by advance heavy and unbalanced to the relief of the accounts
The PMI is no lack of to highlight the weakness of their margins and the recent lack of Bank support to their current needs. What they suffer is reports imposed by the "d. c. a." (dictatorship of the stations to purchase) and the excessive collection of financial capitalism. It is more the wages that are at issue, but this one-sided system which leaves predators bootlegging without constraint.
The State was to reduce the deficits, particularly those of social systems. It must also act for a presentation not handled the relationship between wages and profits, and this question, the answers are not simple in the context, must be at the centre of the negotiations.
Because dividends from yesterday have been today's crisis and, if nothing changes, the dividends of today will be the future crisis and unemployment of tomorrow.