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>No system is perfect, but let's not pretend labor laws in the EU don't come with massive downsides (unemployment, difficulty to start or grow a business, purch
by crdoconnor 12y ago
>No system is perfect, but let's not pretend labor laws in the EU don't come with massive downsides (unemployment, difficulty to start or grow a business, purchasing power of discretionary income).
Unemployment wasn't caused by labor laws, it was caused by intentionally destructive pan-EU fiscal policy.
Difficulty to start or grow a business - compared to silicon valley, maybe. Fewer investors / smaller markets. Not really a labor law thing.
Purchasing power of discretionary income - caused by the high dollar, which is in turn caused by US military hegemony. Not labor laws.