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I know the word "neoliberal" is overused, but The EU really is a neoliberal economic bloc, in the correct sense of the term. The most fundamental goal of the E
by DiogenesKynikos 3y ago
I know the word "neoliberal" is overused, but The EU really is a neoliberal economic bloc, in the correct sense of the term.
The most fundamental goal of the EU is to enable free flow of goods, services and labor within the bloc. The EU tries to prevent member states from enacting subsidies or regulations that benefit their own companies at the expense of other EU companies.
The one area in which EU market policy isn't neoliberal is agriculture. EU subsidies there are meant to keep farmers happy and to prevent any food crisis from ever occurring. I think food security is an exception that even the most strident free-marketeer understands.
So when people call the EU communist, I just have to chuckle.