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At the end of the day, Europe is a country, not a company. It isn't about maximizing profits. It's about maximizing the equity among citizens. I'd argue that t
by catchmeifyoucan 6y ago
At the end of the day, Europe is a country, not a company. It isn't about maximizing profits. It's about maximizing the equity among citizens.
I'd argue that the majority of consumers will take anything for free and not think about the consequences. Very much like an innocent child getting free food samples. Private businesses have no incentive to correct themselves.
At the end of the day, if I was Europe, as a government, I care less that my citizens can easily start a businesses of their own. Taxes are great and all, but it matters more to me that whatever option our citizens do go with (even if overseas) is in their best interest.
It's not about becoming a super power and spreading across the world. It's ensuring that your citizens are safe, protected and well-looked after even at the expense of increased starting costs. It's a better long-term win for the consumer.
- throwaway744678 6y ago> At the end of the day, Europe is a country... Europe is definitely not a country!
- catchmeifyoucan 6y agoEeek! I screwed up here. But referring to more of it as institution.
- esperent 6y agoAlso, I'm pretty sure people are talking about the EU here, not Europe.
- nopzor 6y agostill not a country! :)
- codeisawesome 6y agoFunctionally...? Especially in the context here of tech policy.
- azinman2 6y ago> It's not about becoming a super power and spreading across the world. It's ensuring that your citizens are safe, protected and well-looked after even at the expense of increased starting costs. It's a better long-term win for the consumer. So far this is the strategy being played out, and it isn’t doing much for the economy of Europe. Basically everyone sells to Europe, and then money exits. That isn’t a very good long term strategy considering the size of the tech economy; even if you want to protect your citizens then economic well-being needs to be considered as well, in addition to self-reliant autonomy.