Economic, Social and Cultural Rights UNIT 31 Points for discussion: economic rights Explore the existing situation of economic rights: the right of ownership and market competition. Can foreigners acquire property and under what conditions? Do molopolies exist? What is the extent of foreign investment? Points for discussion: social rights Unemployment, working conditions, social security, formation of trade unions. How does government cope with unemployment? Points for discussion: cultural rights Situation in education, science, healthy environment. Is there a need for improvement? In what direction? Economic rights Entrepreneurial freedom and the market-based regulation of economic relations – backbone of successful economies Role of the state The state must ensure that certain rules are upheld in market competition All enterpreneurs should enjoy equal legal position on the market The state should prevent abuse of monopolies Monopoly Results in the elimination of market relations and leads to the preclusion of market competition May exist in certain industries (railways, electricity, water management) State instruments in economic policy Market – imperfect mechanism of social regulation Modern states use different instruments to intervene in market relations: taxes, customs, subsidies, state investments In circumstances of crisis – such role of state particularly emphasized Market freedom Market and other economic activities should be conducted in full freedom and under equal conditions The focus of responsibility – individual citizens, while the state retains its role of ensuring respect for the rules of free market competition, using its economic policy measures only for limited interventions Workers’ rights State interventions imply the obligation to create and expand the possibilities and conditions for citizens to exercise their right to work Workers – entitled to fair remuneration which may be claimed either individually or through trade unions and other organizations Social rights The right of employees and their families to social security, formation of trade unions and the protection of families, children and persons with disabilities – among the most important social rights Cultural rights Right to education, scientific, cultural and artistic creativity, sports Environmental rights Right to a healthy life with an emphasis on the protection of public health, nature and a healthy environment Legal terms Enterpreneur One who organizes, owns, manages and assumes the risks of a business; one that organizes, promotes, or manages an enterprise or activity of any kind; poduzetnik Enterpreneurial Of or relating to an entrepreneur Legal terms Market competition Striving for a greater share of the market; tržišno natjecanje Monopoly Ownership or control that permits domination of the market in a business; a commercial monopoly is where the supply of a certain commodity is controlled by one manufacturer, trader, or group Legal terms Subsidy A grant of money made by government Remuneration Salary or compensation; naknada, plaća, honorar Define the following Enterpreneurial freedom Regulatory powers Monopolistic situation Market relations Social insurance