Despite suffering severe shocks from the 2008 global economic and banking crisis, nations of the European Union have provided the world with a potent new economic species. “Social Capitalism” shares prosperity more widely, institutionalizes broader national democracy, and creates long-term environmental sustainability. It includes universal healthcare that’s affordable, education for all that is often free, family-friendly work policies, and real worker participation in corporate decision-making. On this week’s installment of Bioneers, Europe watcher Steven Hill believes it may be the most important innovation in the world economy since the rise of the corporation – and we all have a “ringside seat to history.”
About the speaker:
Author Steven Hill is a political writer and columnist. His new book is Europe’s Promise: Why the European Way Is the Best Hope in an Insecure Age. His personal website is www.Steven-Hill.com.