The EU's plan to regain its competitive edge | Hacker News Reader

The EU's plan to regain its competitive edge

ft.com

10 pointsintunderflow9 comments

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Basically just have a single market instead of 27 with no actual details on how they are going to accomplish that.

I swear I read articles with the same title every 6 months or so.

EDIT: well according to reddit the article is 6 m.o.

It's paywalled, but let me guess:

- Increase EU bureaucracy

- Decrease autonomy of member states

- Ban or regulate various completely functional industries

- Transfer Tax money from rich member states which functional economies to poorer member states with completely dysfunctional economies

Did I miss anything?

You forgot something. It’s from FT, so there should be something about “deregulating national industries” and el famoso “open public strongholds to the private sector”.

This is the EU we are talking about though?

Yeah we don't want those things here. If anything I want a lot more public sector for things like public transport, energy etc.

And more regulation because companies will shaft us as much as they can.

The EU is a laughable bunch of bureaucrats, if you have your hopes on them to fix anything you have to be highly delusional.

What the EU, specifically Germany and France, need right now is massively strengthening their industries. If we don't do that, your dreams of public infrastructure are irrelevant, as they are funded directly by German and French industry.

Yes they are too bureaucratic. No, they do eventually change things. GDPR, DSA, net neutrality. Our customer rights are a lot healthier than in the US.

It's not a race to be the biggest. I don't care about more spending power. Look at the US where you can buy so much but only get 10 holidays per year to enjoy it and stressing about losing healthcare when you lose your job. Which can happen from one day to the next "at will". And still not being able to buy a house.

I want piece of mind and to enjoy my life.

The German and French industries have bought their respective countries a significant amount of wealth. Specifically the German industry always had a far better relationship to their labor compared to many other places.

Since WW2 those industries have practically guaranteed piece of mind and an enjoyable life for the populations at large, even paying for the social safety nets available to all.

The EU has done many things to make those industries less competitive, some of those I don't even disagree with (e.g. data protection, some repairability stuff, etc.), but they absolutely do need to be careful not to overstep it. And this care is not something I have ever seen from the EU.

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