For me it is clear that our political family has to engage in a recruiting narrative for the 21st century, innovating our traditional values of redistribution and social justice, making them fit for the challenges we face. Socialists and democrats have always been in the business of minimising risks for everyone. We have entered a new area with totally new risks. Therefor we need a new socialism, a new social democracy on a new level: A European Union that transcends the economic logic to become a Union of shared values, shared welfare and shared risks. The place where we do our work, in parliament or government, should be transparant and citizens should be able to hold us to account. And last but not least, if we choose to organise democratic participation we should definitely avoid fake consultations.