A study for the European Commission (DGV) found that the non-commercial baking sector (non-profit socially and environmentally-oriented financial organizations) created jobs with very little capital investment and with far less money than other banks and public support measures. Examples are that a job is created at the rate of ECU 2,900 on average when loaned to micro-enterprises; at the rate of ECU 4,100 on average when loaned to social enterprises, and at a rate of ECU 25,000 when loaned or invested in enterprises in new economic sectors such as the environment. The mainstream banking sector would almost certainly not have financed such organizations and projects, so these jobs would not have been created otherwise.
2. With demographic growth, which is particularly pronounced in the young nations, the number of those failing to find work and driven to misery or parasitism will grow in the coming years unless the conscience of man rouses itself and gives rise to a general movement of solidarity through an effective policy of investment and of organization of production and trade, as well as of education. We know the attention given to these problems within international organizations, and it is our lively wish that their members will not delay bringing their actions into line with their declarations. (Papal Writings, 14 May 1971).
2. Is McDonald's a great job opportunity or are they taking advantage of high unemployment to exploit the most vulnerable people in society, working them very hard for very little money?