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Comment by robtherobber | Hacker News Reader

Believe me, it amazes many of us Europeans too. We have a real life example of how those policies will eventually play out (and tens of years of research that confirm the immense disbenefits of such an approach), and yet here we are.

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Problem is that there's also a "real life example of how those policies will eventually play out (and tens of years of research that confirm the immense [benefits to the billionaires] of such an approach)". Just as in the US, the billionaires wield enormous influence. Maybe not quite as much, but pretty close. So as long as there are benefits to the wealthy of these policies, I think the Europeans will pursue them. (At least until the French start doing that thing that the French do when things get too unfair in this regard. And then the cycle will start all over again.)

The American billionaire class absolutely controls Europe, and American politics dictates European policy. There is the illusion of European ascendance right now because the American soft power is being channeled through Europe because the faction of the US government (that still controls the majority of soft power) is out of power politically, so they project their values (and funnel their money) through Europeans.

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.

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