What impact of the Social Pillar on EU prosperity?

The EU’s approach to social policy is currently changing. In November 2017, the European Pillar of Social Rights (the Social Pillar) was proclaimed as a visionary document setting up goals for an upward convergence in this area. In this year’s State of Union address, the president of the EU-commission Jean-Claude Juncker asserted that “It is time we turned the good intentions that we proclaimed at the Gothenburg Social Summit into law”. And, as a matter of fact, this process is well under way.