Catastrophism as a Defensive Weapon
The article discusses how economic powers react negatively to progressive social measures proposed by the government, particularly regarding housing and minimum wage increases in Spain.
The article examines the tendency of economic powers to create alarmist narratives against progressive social policies in Spain. It highlights the recent proposals concerning housing from a progressive government, which are met with significant opposition from business leaders who frame these changes as catastrophic. The piece argues that such reactions are exaggerated, comparing them to historical claims made by economic leaders about the impacts of minimum wage increases, which have not resulted in the dire consequences predicted by groups like the CEOE and Foment del Treball.
The author notes that the rise of the minimum wage in Spain has risen by 66% since 2018, yet small businesses have not faced the existential threats that were claimed would occur if these policies were implemented. In fact, the small business sector remains resilient, countering the narrative that enhancing wages would lead to its demise. Furthermore, the article emphasizes a specific case where the CEOE president continues to advocate for the notion that even minimal increases in wages or costs would be devastating for small entrepreneurs, despite evidence to the contrary.
Ultimately, the author suggests that the real catastrophe would be the failures of the economic system to adapt to necessary social changes and that, rather than fearing the implementation of progressive policies, the focus should be on re-evaluating how society accommodates these changes without compromising small businesses. This discussion reflects broader tensions in Spain regarding economic equity and the challenges posed to entrenched economic interests by the proposals of progressive governance.