Earlier quoted context omitted.
Would that emulation be prioritizing shareholder returns over everything else (those profits have come at the expense of the environment and US worker pay and benefits)? As an American, I implore Europe to not make the same mistakes we have in the name of unbridled capitalism. Defend the quality of life you have that we foolishly relinquished.
Agreed. If all worker protection laws (minimum wage, holiday, overtime, safety regulations, etc.) are repealed tomorrow, there would be a huge jump in S&P500. If America does this, should Europe follow suit lest it falls behind? It is best to maximize quality of life for citizens, not total stock market index.
Feel free to relocate if you're not pleased with the quality of life where you currently live.