At the Global Progressive Movement international forum in Barcelona, leading social democrats from Europe and around the world put forward a number of initiatives aimed at combating inequality, speculation in the housing market, and strengthening control over digital platforms. According to El Pais, forum participants believe that without stringent measures to regulate social networks and limit the influence of large corporations, democracy in Europe faces serious threats.
Global tax and wealth control
One of the key proposals was the introduction of a global 2% tax on large fortunes. Economists involved in the discussion are confident that such a measure could generate up to $250 billion annually, which could be used to reduce the gap between the rich and the poor. According to representatives of the European Commission, rising inequality and the increasing influence of the ‘oligarchy’ are already undermining the foundations of social stability.
Housing and speculation: new restrictions
The issue of housing affordability took center stage in the discussions. Representatives from cities including Barcelona and Amsterdam insisted on the need for direct funding from Brussels for the construction of social housing and to limit speculative purchases. The Netherlands and Catalonia already have measures in place to curb mass real estate acquisitions, while Barcelona authorities plan to stop issuing licenses for tourist apartments by 2028 to return housing to the market for local residents. The city’s mayor emphasized that tourist apartments do not benefit the city; they only increase profits for their owners.
Green agenda and reforms for the economy
According to forum participants, economic policy should shift its focus from financial speculation to the development of the real sector and green technologies. Experts urge tightening requirements for companies that continue to use fossil fuels and supporting projects for renewable energy development. Spanish authorities have already announced the creation of a Council for the Common Good Economy, which will start its work in the summer of 2026 and will develop new approaches to reforming the global economy based on the principles of justice, sustainability, and solidarity.
Social media, migration, and feminism
Particular attention was paid to the influence of social networks and artificial intelligence on public opinion. Ministers and experts noted that digital platforms contribute to the spread of disinformation and radicalization, while authorities are slow to respond to these challenges. It was proposed to introduce mandatory transparency and accountability for tech giants. On migration issues, forum participants advocated for a shift in rhetoric: migration should be viewed as a source of economic growth and social cohesion, not as a threat. Spain’s Minister for Migration Affairs noted that thanks to new measures, the number of illegal entries has been reduced by 50%.
Other topics discussed included social justice issues. Representatives of youth and feminist movements insist on adapting language and tools to maintain support among young people. New York City authorities, for example, are already implementing feminist governance principles in the daily work of city structures.
Context: the struggle for housing and Spain’s experience
The issues of housing affordability and countering investment pressure on the real estate market remain relevant for many cities in Spain. As previously mentioned in RUSSPAIN, the housing crisis in Madrid has already become a symbol of confrontation between residents and investors, while authorities are seeking new ways to protect citizens’ rights.
