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Didn't US lose most of its production capability for the same reason? US protected its workers' rights, but there are other places with cheap labor treating the
by orbital-decay 2y ago
Didn't US lose most of its production capability for the same reason? US protected its workers' rights, but there are other places with cheap labor treating the workers like shit, so businesses are using factories in other places, which then build massive expertise at production.
This is similar. EU is trying to protect the rights of its citizens for good, but there are also places like US where rights are less protected, or not at all. (and frankly, a sizeable amount of people there don't even give a crap about rights that seem ephemeral for them, like privacy). So naturally businesses go to those places.
It's not poorly designed laws, or at least not just it. It's also a tragedy of commons in a global economy, moving too fast vs too slow, and many other things.
- jokethrowaway 2y agoThey're not rights, they're needs. They don't have space in regulation. If you want privacy, purchase the privacy conscious option. Don't force the entire market to make ads worthless, forcing companies to charge for things, forcing ME and my adblock to pay for crap I got for free until yesterday.
- alephnerd 2y ago> EU is trying to protect the rights of its citizens for good Western Europe is not the entire EU. Czechia, Romania, Bulgaria, Hungary, Poland, and the rest of Eastern Europe give plenty of leeway to businesses who bring FDI in. The Czech government indirectly pushed a former employer of mine to force employees back into the office from remote work by threatening to withhold tax credits they used to establish a tech/outsourcing center in Praha. Plenty of similar stories in Romania, Bulgaria, Poland, Hungary, Slovakia, etc. Oh, and the SEZs and Law Firms that the investment agencies made us use were always very closely connected to the incumbent poltical parties (and either indirectly or directly owned by them) You can take Eastern Europe out of the Warsaw Pact, but you can't take the Warsaw Pact out of Easrern Europe's political and business establishment