Social Model Is Europe’s Solution, Not Its Problem

By Paul Fourier Apr 22, 2012 6:00 PM ET

In the wake of the financial crisis, Europe’s leaders are calling the continent’s social model into question -- it is “done,” according to European Central Bank President Mario Draghi. That’s a travesty.

The crisis is, above all, financial. Yet governments aren’t addressing the malfunctions that caused this problem. Instead, they are forcing ordinary people to pay and attacking the social systems that support them.