Inevitable changes to economies that create social unrest
In OECD economies we are seeing: Deindustrialisation, which contributes to labour market polarisation; Intensifying tax and wage competition, the purpose being to preserve a large-scale industry in a global context of deindustrialisation; Impossibility of increasing public spending due to tax competition and low potential growth; Demand for high return on equity, on top of wage competition to depress wages. It is clear that all these developments contribute to a rise in social unrest in OECD countries .