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Economic summit ignores workers amid energy crisis and inequality

Economic summit ignores workers amid energy crisis and inequality

International Expansion Forum convenes corporate leaders without worker participation to address energy crisis.

While Middle East conflict devastates local economies and displaces populations, corporate leaders gather in Madrid to debate a "new global order." The International Expansion Forum convenes May 19-20 with decision-makers controlling billions in investment, yet whose policies have deepened inequality gaps. The official theme—"Challenges for a new global order"—omits mention of workers and citizens bearing the real cost of geopolitical instability and energy shocks. 🔹 What happened: The forum's seventh edition in Alcalá de Henares emphasizes economy, geopolitics, and technology. Executives and politicians will analyze Middle East impacts on energy supply and price volatility. No public information exists on participation by trade unions, worker organizations, or representatives of communities affected by conflicts. The three thematic axes reflect elite corporate concerns, not populations vulnerable to energy shocks or supply chain disruption. 🔹 Why it matters: When oil prices rise due to conflicts communities did not create, ordinary citizens pay more for fuel, heating, and food. Workers in energy and manufacturing sectors face layoffs from supply restrictions. This forum designs frameworks affecting employment, wages, and affordable energy access. Worker absence from decision-making tables means solutions will ignore fair cost redistribution and inclusive post-crisis economic recovery. Energy transitions and market restructuring decided here will disproportionately burden low-income households while protecting corporate profit margins. 📌 EPM Take: Without worker representation, the Expansion Forum perpetuates logic that economic elites resolve crises that vulnerable populations suffer.
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