"There are 20 million unemployed and what does the Constitution offer us in the Europe of 25, 27 and soon to be 30: policies of unrestricted competition to the detriment of production, wages, research and innovation"

Laurent Fabius's quote highlights concerns about the socio-economic and political landscape in Europe, particularly in relation to the European Union (EU) and its constitutional structure. The quote highlights a substantial unemployment problem-- 20 million individuals-- which serves as a background for his review of the EU's policies.

Fabius points to the expanding membership of the EU, noting it has grown from 25 to potentially 30 nations. This expansion brings with it diverse financial environments, labor markets, and social policies, which can make it challenging to execute uniform policies that cater efficiently to each country's requirements. The quote suggests that rather of addressing immediate socio-economic concerns like joblessness, the EU's constitutional structure promotes "policies of unlimited competitors". Such policies are generally aligned with neoliberal economic concepts, which prioritize market flexibility and competitors.

These policies, according to Fabius, have negative effects on "production, earnings, research, and development". His viewpoint suggests that competition without enough guideline might result in a race to the bottom, where organizations cut expenses-- typically at the expense of employees' earnings and job security-- to stay competitive. This can stifle production quality and impede long-lasting investments in research study and innovation. Fabius's use of the phrase "to the hinderance of" indicates a belief that these neo-liberal policies ultimately hurt financial and social development rather than support it.

Fabius's review is rooted in a wider debate about the balance between market forces and social welfare within the EU. While some argue that competitors drives effectiveness and growth, others, like Fabius, caution that unfettered competition can exacerbate inequalities and social instability if not tempered by policies that secure workers and promote fair growth.

In summary, Fabius's statement is a caution against relying too greatly on market-driven policies within the EU, prompting a reconsideration of how economic techniques align with social well-being and stability, especially in the context of growing joblessness and broadening membership.