The economic vision of Volt Europa

VIEWS

Volt Europa

10/1/20231 min read

Volt Europa was born out of a vision for a united Europe that ensures the well-being of all Europeans and future generations. We, at Volt, strongly believe that the path forward requires a thriving economy that drives Europe’s prosperity in a sustainable way.

As a progressive movement, we challenge old narratives posing tradeoffs between economic growth and inequality or sustainability. Instead, we promote a vision where smart policies protect, provide opportunities, and drive economic progress simultaneously.

As a pragmatic movement, we plan to guide economic policies on solid scientific studies and best practices whenever possible, and to ensure all new policies are studied and their metrics for success defined ahead of time.

We stand for solidarity and equality, so that every European is given the opportunity to thrive, where a healthy economy is built on a healthy and educated workforce, and where a robust safety net funded by fair taxation leads to more harmonious and equitable outcomes.

We stand for a dynamic economy based on innovation and entrepreneurship. Our goal is sustainable economic prosperity, which can only be achieved when economic growth is decoupled from social and environmental harm. We aim to reduce inequalities and respect planetary boundaries, ensuring resilience and intergenerational fairness.

One of the main economic principles of Volt is that there should be as much market as possible and as much state as necessary. Economic freedom is essential to foster innovation and investment. At the same time, it is up to the state to correct market failures, determine broad economic strategy and to ensure an equitable society.

For that, we must gather forces in a pan-European economy. From fiscal policy, to the banking union, to the labour market, we stand to greatly benefit from an ever closer union. By tearing down the barriers between our national economies, we will unleash Europe’s full potential.

This vision will be achieved by an economic model that is based on the following four pillars: an innovative and prosperous economy, a fair and equitable society, a resilient and sustainable foundation, and a truly European ambition.