alt Hacker NewsIt is difficult to think of an economic region that is more opposed to free trade than Europe (that isn't a comedy country). Possibly some countries in South America?
Trade within Europe has massive restrictions. I have no idea why, given the stated aims of Europe...we are posting this on a post about the Netherlands trying to protect office software ffs, people think this isn't the case. One of the reasons why the EU created a trade bloc, and the same reasons why you see the same attempts in areas of the world like South America, was to limit the impact of free trade. This should be completely obvious given that the EU is not competitive in areas where they lack the ability to limit competition.
Also, I will point out: US policy is for the EU to do exactly the thing that you are suggesting. This has been the consistent position of Trump since 2016. The main blockers for this have been politicians in the EU. I am not sure how you equate being unreliable with subsidising EU defence spending to the tune of multiple trillions so that EU countries can spend on welfare either.
The EU self-image is totally bizarre, it is so out of touch with reality. Hostile to all forms of change and innovation: actually one of the greatest free traders there has ever been. Xenophobic and hostile to certain countries: possibly one of the greatest allies to these countries ever. Never gets any support on Ukraine, would be a leader if the US weren't such bastards: spent multiple decades fuelling Putin's state.
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The only people that think global free trade is a good thing are the top .001% net worth individuals which use it to wield power.
Trading blocks (like the European single market) are specifically designed to protect their members from shit that global corporations or other nations attempt to get away with.
I'm not sure what "Trade within Europe has massive restrictions." means without context. Compared to some Randian capitalist utopia where there are no rules and no governments? Or compared to before the creation of the European single market?
There are still some protectionist issues on the single market itself.
For example, Poland defends its rail operator, PKP Intercity, against foreign competition by a series of dirty tricks, including "just never registering a sale of a depot to a competing corporation in the land registry".
> Hostile to all forms of change and innovation
I don’t understand how you can believe that about the EU. The union has been evolving so much since its creation. It is itself one of the greatest innovation in governance ever created. GDPR is an innovative framework making the EU leader in privacy protection. European open banking initiatives/frameworks are unique and have been leading the way forward for the past 20 years, and we are now reaping all the benefits with the latest payment system developments (PSD2 and others were already awesome but the payment standard is what makes the day to day citizens actually see the results). The 28th regime[0] in development is innovative. Schengen/TFEU Art. 45 is such an innovative policy. Where else can you move freely between so many countries?
That’s only from the top of my head and the few examples I’m familiar with
0: https://the28thregime.eu/