law

Underpinning discussions at this Aspen Junior Fellows roundtable were lawfulness and merit as dual pillars of intergenerational solidarity. It was observed that illegality curbs growth and social mobility, rewards the undeserving by distorting competition, and widens social gaps. Its victims are the young and honest businesses. Figures were cited showing that, between 2006-2012, Italy’s resultant “reputational deficit” led to an estimated 16 billion euro loss in foreign investment.