“The over-financialization and hyper-deregulations of the global(-ized) markets has brought the low-waged Chinese (peasant converted into a) worker into the spotlight of European considerations. Thus, in the last two decades, the EU economic edifice has gradually but steadily departed from its traditional labor-centered base, to the overseas investment-centered construct.
No political, decision-making and economic crisis is devoid of cultural and spiritual implications. Moreover, the traits of this new and so-called elite are superficiality; the absolute ignorance of the depth and complexity of problems; the true psychosis and obsession for "communication", advertising and the often useless presence on the media.
The European Investment Bank (EIB) and World Economic Forum have issued a call to action for social inclusion to be put at the heart of EU economic policy. It comes as a new joint White Paper by both organizations, with contributions from the think tank Bruegel, is launched to make the case for more private-public sector partnership to drive a more inclusive approach to growth in Europe.