Earlier quoted context omitted.
The EU is doing everything it can to fail. The only thing that seems to be coming out of the EU in the last 20 years is regulation. It seems to be its only invention and contribution to itself. They have no upper bounds on creativity when it comes to creating rules that disrupt business. I can't tell if this is coming from jealousy or incompetence—or perhaps a combination of both. They see the rest of the world, espe…
You're arguing in favor of destroying unworn clothes instead of donating to charity or discounting them as somehow being good for business? The point of this is to control against wasteful business practices, not a ban on producing or selling clothes. The EU is a $23 trillion economy, hardly a slouch even though it is underperforming. The VW example is actually something you probably don't understand - they're failin…
GDP per capita in the United States is about twice of Europeans. 85k per capital in the US, vs 43k in the EU.
The only tech companies I can think of in Europe are Spotify and Umm.. sure there are others..
One brightside is Sweden who has decided to embrace capitalism and has turned themselves around.