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EU has been self-sabotaging for decades, but it usually is just caused by economic liberalism / pragmatism. Although there is of course a strong connection betw

EU has been self-sabotaging for decades, but it usually is just caused by economic liberalism / pragmatism. Although there is of course a strong connection between european leadership and the "Atlantik Bruecke" (atlantic bridge) which is an extremely powerful and influential atlanticist organization, it isn't always failing in favor of US economic interests. Germany did surrender its advantage in solar energy technology to China for example, there is no need for any explanation other than (neoliberal) ideology and incompetence. https://www.cleanenergywire.org/news/last-major-german-solar-cell-maker-surrenders-chinese-competition https://www.cleanenergywire.org/news/last-major-german-solar...

imtringued 4y ago
This reminds me that the EU follows neoclassical economics much closer than the US. https://unherd.com/2021/11/the-cruelty-of-eu-austerity/ https://unherd.com/2021/11/the-cruelty-of-eu-austerity/ Meanwhile when you read e.g. some of the extremist opinions like mises.org blog posts, apparently Europe is infested with socialism and anti-capitalism and isn't doing enough. I mean geez. Greece did the hardest austerity program in history, with possibly the fastest collapse of a growing economy. It used to grow 5% a year during the corruption years, during which people accused Greece of excessive borrowing to pay pension funds and other non productive spending. Now that they did the responsible thing GDP dropped by 50% and GDP growth has stagnated and the debt level is even higher than before as a percentage of GDP. This obviously makes "proper capitalism" look bad to citizens and now you can simply accuse them of being "socialists" who ruined their own country. Great track record. It kind of reminds me of horseshoe theory. Extreme communists and capitalists are more alike to each other than to the center. Communists that fail to achieve their dreams go and hunt the capitalists. Capitalists that fail to achieve their dreams hunt socialists. I don't know if you can call it pragmatism. It would be economic pragmatism if you try to take the best ideas and combine them into something that actually works.
WhereIsTheTruth 4y ago
I'm not talking about that, Ariane is still a thing, it's the expectation that comes from the US that they should instead fund SpaceX and give up their industry, it's different, and that's what I find fishy The comments here doesn't help
- imtringued 4y ago
  I don't understand it either. The James Webb telescope is a good argument. SpaceX wasn't around when it was being designed. SpaceX managed to flunk their latest launch with a crappy launchpad. They are the ones that are still behind so I don't know why anyone would bet on them for any long term mission. The current "rocket mix" appears to be healthy. Like a stock portfolio that keeps 40% of its value in bonds and only 60% in risky assets. You can't drop the bonds and expect to get a better portfolio performance.

imtringued 4y ago

This reminds me that the EU follows neoclassical economics much closer than the US. https://unherd.com/2021/11/the-cruelty-of-eu-austerity/ https://unherd.com/2021/11/the-cruelty-of-eu-austerity/ Meanwhile when you read e.g. some of the extremist opinions like mises.org blog posts, apparently Europe is infested with socialism and anti-capitalism and isn't doing enough. I mean geez. Greece did the hardest austerity program in history, with possibly the fastest collapse of a growing economy. It used to grow 5% a year during the corruption years, during which people accused Greece of excessive borrowing to pay pension funds and other non productive spending. Now that they did the responsible thing GDP dropped by 50% and GDP growth has stagnated and the debt level is even higher than before as a percentage of GDP. This obviously makes "proper capitalism" look bad to citizens and now you can simply accuse them of being "socialists" who ruined their own country. Great track record. It kind of reminds me of horseshoe theory. Extreme communists and capitalists are more alike to each other than to the center. Communists that fail to achieve their dreams go and hunt the capitalists. Capitalists that fail to achieve their dreams hunt socialists. I don't know if you can call it pragmatism. It would be economic pragmatism if you try to take the best ideas and combine them into something that actually works.

WhereIsTheTruth 4y ago

I'm not talking about that, Ariane is still a thing, it's the expectation that comes from the US that they should instead fund SpaceX and give up their industry, it's different, and that's what I find fishy The comments here doesn't help

imtringued 4y ago
I don't understand it either. The James Webb telescope is a good argument. SpaceX wasn't around when it was being designed. SpaceX managed to flunk their latest launch with a crappy launchpad. They are the ones that are still behind so I don't know why anyone would bet on them for any long term mission. The current "rocket mix" appears to be healthy. Like a stock portfolio that keeps 40% of its value in bonds and only 60% in risky assets. You can't drop the bonds and expect to get a better portfolio performance.