Earlier quoted context omitted.
Despite the rise of far right populist parties, Europe tends to lean more on the left side of the political spectrum compared to America, and corporate worship is a relatively new thing over here. People tend to have more faith in governments and treat companies with more distrust, compared to the US which seems to be the other way around.
For some definition of left. The interesting thing about the article is that all this EU regulatory control over corporations is in fact deeply capitalistic and the very reason for its existence, and in the corporations interest. Which is not what most EU citizens would consider being on the left of the political spectrum. The idea is: we need regulation to shape the market where businesses can compete freely to the…
Capitalism is like a cancer, it will grow endlessly and will become feudalism. Socialism is the government applying rules to capitalism, so it doesn't get out of control.
US policy of neo-liberalism is growing in Europe too, which is giving problems.