The article discusses different approaches of equal employment policy and investigates the implementation of such policies in the USA and in Germany. The conceptual differences of the applied policies point to dissimilar concepts of "equality" in Germany and in the USA. (Prokla /AuD)

Conservative critics of European economic policies argue that high and persistent European unemployment is caused by institutional rigidities which are traced back to welfare states and union strength. By contrast, low US unemployment is attributed to high labour market flexibility. These claims...

In the USA and in Britain pension funds have enjoyed spectacular growth in recent decades and they are about to emerge as a major force in the European economies and the "emerging markets" of Asia and Latin America. In the eighties, pension funds often backed hostile takeovers and even provided...