this post was submitted on 10 Feb 2025
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That I know, I live in Belgium.
I wonder what successful capitalisation of that would look like?
One way would be to higher EU members' financial contribution to it's budget in proportion to their lack of wellfairness. I also frequently dream of tariffs on extra-EU imports on the same criteria, thus also preventing so called "social dumping", modern slavery and exploitation. Which in turn would make our own production more competitive and enable better salaries overall.
Of course, a lot of goods would get more expensive, but we would finaly pay a fair price (rewarding those who until now payed with their health/liberty/life for those low prices). Unfortunately, I think it will keep beeing a dream for quite a while (if not ever)...
That's the topic of this post: due to it's central steering EU became technologically (and in a few decades economically) irrelevant. It doesn't know how to make 21st century things. Tarrifs don't help with that problem, au contraire. Nor does a national social security system. The latter does make sure that everyone's quality of life degrades about equally fast.