Thursday, October 13, 2011

The real issues in EUrope, beyond London vs Brussels, and EPP vs PES: Polynomy is a key one

Polynomy and red tape, be it "made by Brussels" or "made in Britain" or France or Greece or Italy etc is the No 1 problem for SMEs, growth and jobs.

What do I mean by that?

That the real issue is not the transfer of legislative power or policy competences from member states to the EU or Euro institutions, or the re-patriation of them (see Cameron's EU agenda) but uniform yet better and fewer laws and regulations regarding the real economy of workers, free lancers, micro firms and SMEs of EUrope.

In other others, the problem is an interventionist approach that can be found in most legislation in EUrope, be it made by the UK Labour or the Tories, PASOK or New Democracy in Greece, PP or PSOE in Spain, etc, or a conservative (EPP) or PES (Socialist) majority in the European Parliament, the various Councils of the Council of the EU and the European Council and of course the College of Commissioners (most of them have a political/party affiliation, at least before they join it).

Of course that does not imply a libertarian approach to policy making and legislation. But a quite less interventionist one. More of a matter of philosophy than political ideology, actually.

See also my previous posts:

The recipe for growth and jobs

Can a conservative Europe be a united one?

EU & USA: The right policies can come from the center


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Nick

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