Kapsch: “We Cannot Risk the Welfare State”

People ♦ Published: August 28, 2012; 17:14 ♦ (Vindobona)

At the Alpbach Meeting, the President of the Federation of Austrian Industries (IV) Georg Kapsch underlines the necessity of competition. The

Kapsch: “We Cannot Risk the Welfare State” / Picture: © IV / Markus Prantl

Kapsch argues that social policies must be implemented at the European level. For Kapsch, Europe is our “common destiny”.

The President of IV explains that the welfare state must not be risked. “The welfare state is an achievement. The welfare state secures freedom.” Nevertheless, the welfare state needs competition, fairness and solidarity, he argues. The welfare state…