Social Europe Needs a New Economic Model | John Palmer at Social Europe Journal

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Social Europe Needs a New Economic Model | John Palmer at Social Europe Journal

There is however, a deep issue at stake if defence of decent European social standards is to be placed at the heart of policy making and not to become an increasingly powerless lobby at the margins of the debate. For that to happen the European Union must surely break with an almost exclusive emphasis on GDP as the be all and end all of economic policy objectives. The time has come to replace GDP with a far wider, more socially and environmentally responsible measure of economic progress.