NTUA Professor Yannis Caloghirou and Ass. professor of the University of Peloponnese Vasilis Pesmazoglou edited the book of Luc Soete and Chris Freeman, “Work for all or mass unemployment? Computerised technical change into the 21st century”, which was released by Themelio publications in 2000.
Mass unemployment -and specifically the extent and duration of unemployment among young people- highlights, once again, a problem that has alarmed Europe. Problem occurs at a time in which European Union countries have to face the new challenges of structural change in the global economy. Although be attributable to the computers responsible for the labor market crisis is oversimplification, though it is certain that one can not ignore the complex interactions between new technologies, structural change and employment. However, the adjustment of employment to technological change is not an instantaneous and automatic process. The book argues that the process of creating new jobs will override the (necessary scale) job losses, only through the application of appropriate public policies -a combination that macroeconomic and other structural policies changes- that will smooth out and achieve the complex process adjustment. These policies through which it seeks to return to full time -a difficult thing but by no means impossible- must take account of the specific characteristics of IT and telecommunications technologies, and especially the need for new infrastructure investments, as well as in education and training systems. The answer to the challenge of competition from low-wage countries can not be the deterioration of European social and environmental standards, but to implement a dual strategy to achieve a structural competitiveness in the traditional sector of the economy, coupled with the development of a second protected non-freight sector, which will provide an upgraded range of personal, social and environmental standards, but to implement a dual strategy to achieve a structural competitiveness in the traditional sector of the economy, coupled with the development of a second protected non-freight sector, which will provide an upgraded range of personal, social and environmental services.