3 ms·
Being an Anglophone who spent most of 2022 criss-crossing Europe, please direct me to where this European Wild West capitalism is. European elites enrich thems
by troad 4y ago
Being an Anglophone who spent most of 2022 criss-crossing Europe, please direct me to where this European Wild West capitalism is.
European elites enrich themselves by legislative capture. In any true Wild West capitalism, European elites would fail immediately, because they’re so utterly uncompetitive. That’s why no such “Wild West” capitalism exists anywhere near Europe.
But there’s no shortage of invented horrors about “Wild West” capitalism in Europe - this, in the same countries you need a government license to be self employed, where starting a business is next to impossible, and God forbid you use this word for your wine unless it was produced in these precise ten square metres of France - the same ten square metres conveniently owned by the same families who send their sons and daughters to write this legislation.
Europe is a corporatist, aristocratic economy that keeps its people in check by keeping the prosperity and freedom of actual capitalist societies from them, and by inventing capitalistic boogeymen to maintain the legislative moat built around its elites.