How do Europeans get rich enough to have that life you dream about in Europe once you're rich enough from making money in America to move there?
My health insurance for a family of 4 in Spain is $2k/year. In the US, $20k+ (premiums, copays, etc). Why? Combined market cap of UHC and CVS as of this comment is $391B. (Just one example, there are many)
(am American who splits his time in Europe, and agrees with thread parent Europe > US; the US is an extraction engine, at its core)
You earn locally and spend locally. It's about local buying power and wealth, not about $197.644,50 > £60,000.
When a Democrat returns to power in the USA, nobody will care what European vassal governments and corporations say or do anymore.
American projection through Europe has made Europe weaker and more subservient than ever.
AIUI it's 10 years to get an EU - sorry, Latvian - passport and for an individual year to count towards that you need 183+ days a year in Latvia
The point is getting a residence permit in EU country is step 1, and step 1 is accessible to fairly average white collar US worker who wants to move to the EU.
* Median rent price in the city: one-bedroom apartment is around €1,000/month; 3-bedroom apartment around €1,500-€2,000.
Honestly, US is currently in a stage that Europe was long time ago. Greed, nationalism, military might, fast paces unchecked advancements in tech, rampant religious fundamentalism and sectarianism etc. All those thing are stuff Europeans went through.
That's why the Charles Dickens stories fit nicely.
We get what we deserve...
You still need a strong economy and middle class tax base to have any sort of welfare state.
The top 1% of the people hold 30% of all the wealth. The top 10% hold 60% of the wealth.
The cultural influence that the US exercises outwards with Hollywood, music, etc cannot be understaded.
Why not directly work in the EU?
Sure restaurant prices are about the same … for 1/3rd the amount of food.
> It explores Fisher's concept of "capitalist realism", which he describes as "the widespread sense that not only is capitalism the only viable political and economic system, but also that it is now impossible even to imagine a coherent alternative to it."
> The book investigates what Fisher describes as the widespread effects of neoliberal ideology on popular culture, work, education, and mental health in contemporary society
It seems to always come back to the fact that people who get power always attempt to use that power to get more resources and power, violating all their supposed values and stealing resources from the public.
Personally, I am far from enamored with the apparent equilibrium state of capitalism, if that’s what we have in the US. However, when you compare how I feel about American capitalism to how I feel about North Korean totalitarianism, Venezuelan corrupt socialism, Soviet murderous communism, Cuban destructive communism, etc etc. suddenly I appear to be a booster for capitalism.
Seems no different in capitalism.
Ever considered that the failures of other methods does not inherently mean the success of the current method.
I wish that folks would consider reducing the work week, or universal basic income --- the total amount of human labour necessary to feed, clothe, house, and entertain humanity is decreasing --- how does society handle vast swathes of the population being not just unemployed, but unemployable, and to the wealthy, unnecessary?
One view on this is to be seen in Marshall Brain's novella "Manna":
Those greater goals are easier to achieve when you are the biggest economy of the world.
The key insight here, however, is that being the biggest economy in the world or growth is not a goal in itself. It is an enabler of all sorts of quality of life goals, but don't make the mistake of sacrificing the end for the means.