Conclusion

Chapter 14 concludes the book, highlighting its major theoretical and practical insights for the study of EU integration and for the prospects of democracy in Europe. The technocratic design of the EU’s new economic governance (NEG) regime eschewed citizens’ and workers’ political rights to have a say in policymaking; and the commodifying bent of its prescriptions eroded their social rights to be protected from the vagaries of the market. After the pandemic, the technocratic bent in EU economic governance endured, as the National Recovery and Resilience Plans were co-designed by national and EU executives without any meaningful input from unions and social movements, and without national parliaments and the European Parliament making any amendments. The commodifying direction of the NEG regime also endured post-Covid, albeit with some concessions, notably in employment relations. EU executives have had to face the prospect that the hollowing out of social rights that resulted from commodification is pushing electorates towards Eurosceptic parties. In the current unstable context, labour politics matters a lot. Unions and social movements are essential in framing the social and political struggles about the policy direction of EU economic governance along a commodification–decommodification axis rather than a national–EU politics axis.