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jseban | 3 years ago

Redistribution politics are always destructive and temporary in nature. The EU has not discovered some way to invent free stuff out of thin air. If you push redistribution politics you will cause stagnation and lower productivity.

You can think that's "chill" but sooner or later the outside world will run away from you and you will be outcompeted.

Just look at what happened now to the german car industry, they are so proud of their strong unions, but they get outcompeted by tesla instead who is now building car factories in germany. It almost got killed by the unions in the same way detroit was in the US when the japanese caught up.

Nice sweet union deals with lifetime guarantees of great benefits, mean nothing when the whole company disappears, and the country goes into a recession. It's just putting your head in the sand for a while and pretending that you have found the perfect position where opportunity will last forever.

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