Even if the Pillar cannot address all the EU’s social failings, it has put a surprising social spin on the Better Regulation Agenda and helps rebalance the EU’s output by reviving the use of the Treaty’s Social Title.
«"“By many standard measures, globalization is in retreat. The 2008 financial crisis and the ensuing recession brought an end to three decades of rapid growth in the trade of goods and services. Cross-border financial flows have fallen by two-thirds. In many countries that have traditionally championed globalization, including the United States and the United Kingdom, the political conversation about trade has shifted from a focus on economic benefits to concerns about job loss, dislocation, deindustrialization, and inequality."»