Pedro Sánchez emphasized on global digitization governance and criticized the empty promises of some Silicon Valley gurus in his speech at the Davos Forum.
Sánchez advocated for public participation in guiding tech innovation and criticized neoliberalism.
The Spanish president aims to link national and business prosperity with the fulfillment of ecological goals, gender equality, and active state participation in the economy.
Sánchez wants to rethink the idea of social democracy and the Welfare State, suggesting a more active role of the State in wealth creation.
The article critiques Sánchez's view, suggesting that his interventionism could hinder economic dynamism and competitiveness.
Conclusion: While Sánchez may present an attractive vision of a more active and participatory state in the economy and society, there is concern that his vision may lead to interventionism and overregulation, which could harm the economy.