4 ms·
The EU is quite neoliberal. Austerity was the policy there after the recession. It has also presided over a massive financialization of the European economy. Th
by lenticular 8y ago
The EU is quite neoliberal. Austerity was the policy there after the recession. It has also presided over a massive financialization of the European economy. The US is far out of the political mainstream with other wealthy countries. In comparison to where they were 20 years ago (as opposed to where the US is now), Europe has shifted markedly right economically.
The subsidies of agriculture are kind of ludicrous, I agree.