My Europe: What is Davos and the Europe-links to elections

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The European policy must prepare for the consequences of the Fourth Industrial Revolution, says the Romanian political Analyst Radu Magdin. If not, could be the worst fears come true.

In this time of uncertainty, the world (and particularly the West) is faced with the difficult task to find a decisive response to blatant Anti-Democrats and representatives of the “illiberal democracy”. You have to defend what is of value, and the change in what is seen by the voters as a defect. The outlines of a new social contract – as an obvious attempt to adapt to the new reality of the Fourth Industrial Revolution – should be a Central topic of the European elections in may.

Because of the tense situation in the home country, neither the US President, Donald Trump is still the French state, chief Emmanuel Macron at the world economic forum in Davos. However, the United States and France should definitely be on Board when it comes to finding global solutions to the consequences of the Fourth Industrial Revolution. If governments do not show enough interest in the preparation for the future, could be our worst fears in terms of democracy come true.

We need a new social contract

In the world of business, those to be admired, especially, the innovations, and the use of common patterns. In politics, the reality is different: the one Who represents the Status Quo in question, abuts rather on distrust, mainly because Mainstream politicians have problems to connect inspiring approaches with the prosaic act of governance. An example of this Dilemma is the recent political Prodigy in Europe, Emmanuel Macron. On the other hand, the constant threat of populists who try tirelessly to reinvent itself and to expand their messages. It’s like playing “Russian Roulette”: Our democratic States to be with each election weaker, when the social contract is not revised. Slowly but surely we lose the antibodies, the in 20. Century so many advances have.

The dark forces are actively looking for a breakthrough. At the Moment, your chances of success are still pretty low, but they increase constantly. It is a Herculean task to combine the breaks, and inclusion – both of which should form the nucleus of a new social contract. It was too little has been done to this Foundation of our democratic order.

Self-validity acceptable, the same is not enough. All of the actors who were in Davos, and those politicians who are preparing to stand as a candidate in the European elections in may, should take into account the same basic principles.

The economy should be in the service of society

Globalization 4.0 will not work for everyone. Although the total numbers could suggest a positive result, when you Look closer there is a high degree of heterogeneity. We talk a lot about inequality, but our conceptual tools are still the principle of the average, dazzled: This is a paradox.

It is crucial to understand the potential Interference of the so-called “losers of globalisation”. The economy does not work, regardless of the policy, whether on a national or global level. The idea that elites can get the citizens to accept scenarios that are actually against their own interests, has been settled by the reality. The economy must be at the service of our society: This will be a key theme of our democracies.

Still a worrying ignorance of the future of work and the connection between the work and the meaning of life. Against the Background of the automation, we have to ask ourselves: What are the Alternatives for those whose Jobs will fall with high probability, these new technological developments to the victims? How can we ensure that there is still a place for them in our increasingly isolated society, in the hard-over the other is judged?

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Real social safety nets to bring more risk-taking and innovation

We should stop people on the Jobs of yesterday to prepare. It is not a question of one or the other qualification – in 20 years each could be one of them anyway, completely out of date – but, rather, resilience, and adaptation. Through the establishment of real safety nets, we should encourage people to take risks and to let their power of innovation back to life.

It is high time for a fair and inclusive debate on the financing of a new social contract. Inequality and fiscal optimization programs have become a burden to democracy. This has been confirmed in the forums, the national and local governments, and corporations, citizens and representatives of the “third sector”, i.e. the NGOs and Non-Profit organizations. A change in the post-war mode would be helpful to the understanding of the political, social and economic dynamics that have in the end moved even the high priests of the free market to swallow the pill of a robust social welfare system. Otherwise, the internal problems of our democratic societies will intensify the global competition will only continue – and the frightening uncertainty that surrounds us.

Radu Magdin is a Romanian Analyst and policy adviser. Among other things, he has advised the Prime Minister of Romania (2014-2015) and the Prime Minister of the Republic of Moldova (2016-2017). From 2007 to 2012, he worked in Brussels for the European Parliament, EurActiv and Google. He belongs to the working group of the NATO Emerging Leaders of the Atlantic Council of the United States.