In this instance the idiot who utters these words is the French EU Commmissioner Michael Barnier, scourge of the City and all round danger to economic growth.
"We need to put the financial markets back in serving the real economy and put the real economy back in serving growth and human development,"Any cursory reading of Adam Smith, damn it. Ok he is a Frenchman. Any cursory understanding of the priorities of man will make him realise the fatuity of his comments. Buisness is run by people, individuals who are driven by the needs of individuals. They canot be harnessed to arbritary political wishes, in this case 'growth and human development' without too great a loss of freedom.
Indeed when they work at all they work in such a way (you know Michel, the 'invisible hand' basic stuff, do jkeep up) that indeed engenders growth and development. How the heck does he think we moved from the caves to where we are now with wide screen TV's the MCC and all manner of civilising influences? It wasn't because of some centrally imposed decision by the gnomes of Brussels.
What annoys me about this sort of Eu-jargonese drivel isn't that it isn'tr true, though it isn't. It is just that it is transparently and demonstrably stupid.
Though as an aside I do love the organisation of one of the participants in their games today,
"Ms Benedicte Federspiel (Various Interests Group, Denmark)"