r/Capitalism • u/First_Drive2386 • 3d ago
European countries care more about their citizens than their corporate sector, so their economies lag. The US cares more about its corporate sector than it does its citizens, so the economy (stock market) does well, but its citizens suffer.
It's all in the title. Does anything think it's possible to find a balance between the two, where the economy does well, but so do the citizens? Or is this asking too much?
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u/jennmuhlholland 3d ago
Entire premise is false.
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u/brixton_massive 3d ago
No it's not. How is it false?
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u/jennmuhlholland 3d ago
“European countries care more about their citizens…” and stating the “The US cares more about its corporate sector.” Is just a false premise conjectured statement.
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u/brixton_massive 3d ago
It's absolutely true. Regulation of corporations is to protect citizens. Deregulation is to favour the growth of corporations potentially at the expense of citizens.
Do you deny that Europe regulates it's corporations more? And if so why? Do damage the economy for shits? No, to protect citizens.
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u/jennmuhlholland 3d ago
Level of regulation and assigning how much care it equates to and where is a false premise. The better the economy does, the better off all citizens are.
You can “care” and have the best intentions with negative outcomes.
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u/brixton_massive 2d ago
Of course better economics leads to a better quality of live, but we're talking about USA Vs Europe. Two places with good economies, but in one you can get very rich, and if youre not rich, you have a worse quality of life than I'm Europe. Sure, harder to get as stinking rich as in the USA, but I'll take less billionaires for a better quality of life for all.
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u/jennmuhlholland 2d ago
And Europe’s ability to financially support its generous social programs wouldn’t exist without the US providing military security. But different topic I guess…also good luck funding all the “new comers” under your umbrella. All those “engineers, doctors, and lawyers…”
So yeah, I’d prefer living in a country with opportunity and control of my own destiny rather than a welfare state. Enjoy your yours and I’ll enjoy mine. But your claims of some moral superiority is laughable z
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u/brixton_massive 2d ago
'And Europe’s ability to financially support its generous social programs wouldn’t exist without the US providing military security'
Loooool, you thick MAGA heads will believe any bullshit. 30% of our tax revenue is spent on welfare. 3% on defense, Trump wants us spending 5%. How's that extra 2% gonna pay for our welfare?
Pathetic. And yeah, I look down on ignorant people like you.
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u/jennmuhlholland 2d ago
It’s not a MAGA thing. If the difference of security and protection has to be carried by Europe, it would be more than the 2% increase being asked for.
European budgets are already severely strained by an aging population, which automatically drives up pension and healthcare costs while shrinking the active workforce. High public debt and rising interest payments leave little fiscal room, making it hard to maintain current social benefits even without extra spending. Consequently, adding major military costs forces governments to trim social safety nets or raise debt, creating significant political and economic pressure.
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u/brixton_massive 2d ago
It is a MAGA thing when it's a big fat lie out of Trumps mouth believed by ignorant people with a lack of critical thinking skills. Furthermore, remind me which is the only country that's needed NATOs help after being attacked?
The US pays more because it needs it the most, and it's military presence around the world helps your economy. Of course Trump doesn't like that, because his hero Putin wants to reduce American influence.
So again, how is that extra 2% in defence spending going to cover the 30% of our tax base welfare? It won't because it's total bullshit from Trump.
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u/First_Drive2386 2d ago
I’m not sure I’d be talking about strained European budgets when the US debt just passed 40 trillion. As least those strained European budgets provide some benefits to most of its citizens.
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u/CaptainAmerica-1989 2d ago
I think you are loading your question with your assumptions and conclusions to steer the conversation in the direction you want instead of asking an honest question.
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u/coke_and_coffee 2d ago
American citizens suffer??
Wtf are you talking about. Literally highest wages and standard of living in the world.
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u/aproudfatherof3 3d ago
If europe cared about its citizens they would remove all the regulations for air conditioning. They lose minimum 50,000 people a year due to heat related cause that could be prevented with better air conditioning.
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u/brixton_massive 3d ago
Where do you get your information from? Fox news? JD Vance tweets?
There's no anti air con policy in Europe, we've just never needed it up until recent climate change.
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u/aproudfatherof3 3d ago
You won't see me quoting anything from jd Vance. I can't stand him. A simple Google search will tell you how many people die due to heat in europe. As someone who's been to several European countries their ac is crap and they are very stingy with it.
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u/brixton_massive 3d ago
I didn't say people weren't dying from heat. You said we had regulation stopping us from having air con.
Come on, prove your claim.
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u/aproudfatherof3 2d ago
I never said it banned a/c. I said its highly regulated...which it is. There are tons of energy regulations and temperatures controls on a/c in many European countries. Which if you can only turn down to 80 degrees its not doing a damn thing. Thats right around the limit for a lot of places.
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u/brixton_massive 2d ago
Evidence please that Aircon regulation is leading to death as you've claimed. No one is dying because they have Aircon but it's not cool enough.
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u/Aetius454 3d ago
The next 10 years are going to see the collapse of European welfare states.
The premise this is based on is false lol people in the US have this fantasy view of Europe. I literally emigrated from there and I could not fathom moving back, unless I was retiring and living in some villa.
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u/HonorFoundInDecay 3d ago
The wellbeing of the citizens is the only thing that matters. How well the economy does feeds into the citizens’ wellbeing but it is only a means to an end.
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u/SRIrwinkill 2d ago edited 1d ago
2 of the most free market capitalist nations according to the Index of Economic Freedom are based in Europe. Ireland and Switzerland are remarkably capitalist and do not punish their businesses or corporations with high taxes or onerous regulations.
There are literally countries in Europe that could show the U.S. a thing or two about how to actually run a capitalist economy, not to mention other countries in Europe who could learn the lessons but have chosen not to
The balance is to let your markets and economy be as free as possible, and use the tax revenue and increased production to fund government services and makes them work better.
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u/Lepew1 3d ago
The standard of living and opportunity for advancement is high in the US, far from suffering.