Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » A future of Europe that cares for the real economy, sustainable development and social justice

    A future of Europe that cares for the real economy, sustainable development and social justice

    npsnps27 March 2017Updated:3 July 2024
    — Filed under: Focus
    Share
    Facebook Twitter LinkedIn Pinterest Email

    — last modified 27 March 2017

    “Cooperatives are a real driver of change and one of the few systems that, in today’s world, can provide opportunities for growth and the empowerment of people”, says Giuseppe Guerini President of CECOP.

    As the European Union is celebrating 60 years, cooperatives in industry and services wish to call on the need for a new Europe that again cares for the real economy, sustainable development and social justice. Over the years cooperatives have demonstrated their ability to weather successive crises and to protect jobs, whilst at the same time being one of the few forms of companies which still able to offer investment opportunities and growth for young people. “Cooperatives are the most appropriate way of organizing economic activities and jobs that can then redistribute wealth while producing it; in other words, they are enterprises that limit the growth of inequalities and promote social cohesion”, says Giuseppe Guerini, President of CECOP.

    In a context when an increasingly competitive and globalized market makes the life of all businesses which rely on the real economy and have a high labor content, difficult. The challenges European economy is facing are made even more complex by the prevailing political and cultural context in which the economy and politics are increasingly conditioned by the depersonalized financial culture. Work and the production of goods are subordinate to the frantic search for income and profits, whilst the economic capital of the business, rather than being a factor of production, has become “liquid”, exchanged in a continuous flow that needs to generate money, even when it does not create goods.

    Cooperatives represent a safeguard for the principle of economic democracy: they are platforms for the real economy. “They could be considered as a form of protection which makes it possible to save the market economy from the financial intoxication that is generating a series of crises, in particular in the services, production and craft work sectors”, indicates Giuseppe Guerini. “It is important to underline that without cooperatives, the goals of the EU 2020 program for a more sustainable, smart and inclusive growth will remain largely incomplete”.

    Labour and the re-industrialization of the productive economy

    CECOP wishes to focus great attention on the issue of labor and, regarding production, to think of a re-industrialization of the productive economy that is based on the ability to aggregate cooperative enterprises in a social economy design that ties the producers of values, services, goods to a development model and helps them to build alliances. A model where the real economy becomes a common good alternative to financialization which is plundering the territories and local economies.

    “It certainly may seem unrealistic and utopian to imagine that worker cooperatives could, by themselves, re-industrialize Europe and combat unemployment, but it is essential that someone ‘dreams of a Europe’ that once again cares for the real economy, sustainable development and social justice”, insists Giuseppe Guerini. “We are convinced that if you can dream of something, doing it together is the way to achieve it. This is why I think that cooperatives will lead us to the real economy”.

    “There is a need for an ecological and social business plan that recreates the conditions to give a future to work, repositioning it at the core of economic development policies. Placing cooperatives firmly on the European agenda is part of this design that we in CECOP want to help building”, concludes Giuseppe Guerini.

    European Confederation of Cooperatives (CECOP)

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    Single market - lorry delivery - Image by Maickel Althuizen from Pixabay

    EuroCommerce: One Europe, One Market Roadmap needs true commitment

    Sponsor: EuroCommerce27 April 2026
    Car crash - Image by Rico Lob from Pixabay

    Road fatalities in the EU down 2.2 pct in 2024

    EU agenda - Image by Andreas Lischka from Pixabay

    EU Agenda: Week Ahead – 27 April-2 May 2026

    Euro coins and notes - Photo by Pixabay

    Eurozone Economic Calendar

    Costa - Zelensky - von der Leyen - Photo © European Union 2026

    EU Council finalises EUR 90 bn support loan to Ukraine

    Kaja Kallas - Photo © European Union 2026

    EU adopts 20th package of sanctions against Russia

    LATEST EU NEWS
    Car crash - Image by Rico Lob from Pixabay

    Road fatalities in the EU down 2.2 pct in 2024

    27 April 2026
    Costa - Zelensky - von der Leyen - Photo © European Union 2026

    EU Council finalises EUR 90 bn support loan to Ukraine

    23 April 2026
    Kaja Kallas - Photo © European Union 2026

    EU adopts 20th package of sanctions against Russia

    23 April 2026
    Renewable energy - Image by Maria Maltseva from Pixabay

    Brussels proposes to accelerate EU shift to clean energy

    22 April 2026
    Ursula von der Leyen - Antonio Costa -Ahmed al-Sharaa - Photo © European Union 2026

    Brussels proposes full resumption of EU-Syria Cooperation Agreement

    20 April 2026

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness, 117 High Street, Chesham Buckinghamshire, HP5 1DE, United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Cookie Policy
    • Terms
    • Disclaimer

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2026

    Type above and press Enter to search. Press Esc to cancel.

    Manage Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?