In May 1997, the Declaration of European economists has been published as a response to increasingly neo-liberal economic policies of the EU commission. The Declaration considers employment, social equity, and environment, as the basic economic objectives, which should be pursued for themselves. In spite of recognising complexity as a background ‘logic’ for welfare considerations, the Declaration views that full employment plays a central role, because it strengthens the macroeconomic basis in the ways which facilitate the pursuit of the other main objectives. In our paper this theoretical retreat from the complexity to the macroeconomics is brought forward and refused as an authentic alternative to neo-liberal approach. A presentation of social reality that is reduced to either/or choices (micro-macro; growth-environment, employment-equity) is painfully insufficient in the face of the complex configuration of society. The main dilemma of European economic progress is than not between micro (‘lisbonian’, neo-liberal) and macro (‘alternative’, socially based) approach. Instead, it is a choice between binary and antagonistic or complex and plural approach to welfare considerations.