The cause is societal: the EU thinks that innovation should come top down. By giving established corporations subsidies, and a large administration that steers everyone every step of the way. To make sure nobody does anything out of the ordinary.
The EU doesn’t think. A cell of the organism doesn’t think in organ matters, an organ doesn’t think in cell matters.
The EU is just built this way, it’s a union of national governments against anything too mobile or evolutionary in their populations. It’s a confederation designed so that there’ll never be a federation of the same countries. Evolutionary mechanisms devour bureaucracies. But bureaucracies can strangle them.
Canigou@jlai.lu 1 month ago
That is why Europe also has to be on the forefront of wellfair and social protection. There is a lot less risk into innovating if losing your job is less of an issue and if it preserves your ability to spend thus avoiding a hard recession. That’s something EU countries are better at than the US and on which it should capitalise (no pun intended).
iii@mander.xyz 1 month ago
What does that look like?
Canigou@jlai.lu 1 month ago
In France, where I live, good unemployement (keeping arround 80% of your previous revenues during a year or two) and health benefits (100% coverage if you have a, relatively cheap, additional individual insurance). Which has the added benefit of keeping medecine prices pretty low (ie insulin is free for diabetics here).
It should, and could, be even better if they trusted beneficiaries a bit more, and were not constantly harrasing them into accepting shity jobs.
When you earn unemployement benefits, you still pay taxes and the rest of the money you spend keeps the national economy running (which, in turn, also turn in taxes) so financing it isn’t necessarely an issue (even without taxing the 10% wealthiest who manage to mostly avoid it and thus, don’t contribute. While their wealth doubled in the last 20 years, taking inflation into account).
The constant political fight arround those spendings is mostly about the morality of “assisting” unemployed and poor families not an economical balance matter.
iii@mander.xyz 1 month ago
That I know, I live in Belgium.
I wonder what successful capitalisation of that would look like?