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UK must pick between US economic model or EU’s ‘socialism’, says Trump adviser
(www.theguardian.com)
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this post was submitted on 16 Nov 2024
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TIL I live in socialist EU.
Article 3 (3) TEU:
Emphasis mine. In a nutshell a social market economy is a Realpolitik compromise between capitalism and market socialism, where private ownership of the means of production is tolerated but said ownership doesn't entail complete power over it, through e.g. co-determination laws.
To make this more concrete, and maybe blow some Yank's mind: Volkswagen's employees elect 50% - 1 seats on the board. Together with shares held by Lower Saxony (usually run by a socdem government) they run the place, no matter how many shares the Porsche/Piëch clan and the Saudis have. It's why VW itself worked towards unionising its own plant in Chattanooga, to the bewilderment of many. Sadly can't unionise the plants in China the CCP hates it when workers have a say.
Ironic for China to not like unions.
OMG they cat even communist properly.
Tankies gonna tank.
Lucky you
Must be a different EU
TIL I'm emigrating to socialist EU.
No, the UK isn't in the EU. Unless I'm misremembering your posts
I realize this. I was joking that the UK isn't going to take up Trump's economic model. It isn't going to be like the EU either.