| ▲ | lyu07282 2 hours ago | |
It's always wild to me how people perceive Europe. In left-wing academia there is this term "neoliberal encasement" that discusses in detail how neoliberal capitalism isolates the economy from democracy. The EU is sort of the end stage of this idea, economic policy is detached from democratic comtrol to such a degree that member states submit their draft budgets to unelected technocrats in Brussels for approval before "voting" on it. Imagine if IMF economists were to run the economies of a continent, that's what the EU is. It's staggering how completely the opposite of valuing people's intrinsic incentives this model is, but I get where you are coming from of course everybody thinks that, it's just still wild to me how they managed that narrative so well. | ||