alt Hacker NewsThe 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?
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> I'm not sure what "Trade within Europe has massive restrictions." means without context.
We actually do have a good amount of issues regarding internal trades, according to https://www.europarl.europa.eu/RegData/etudes/BRIE/2025/7792....
“The International Monetary Fund estimates that the persistent barriers to the EU single market still represented the equivalent of a 110 % tariff on services.”
There is a good amount of work to be done to complete the single market, what we currently have is way too fragmented
They're letting Chinese cars in when automobiles are there last remaining mega industry.
How can you take them seriously?
Services trade within Europe is often less free than services trade outside of Europe. The reason why is because there is a strong political constituency within Europe to ensure that certain kinds of sinecure jobs are not impacted by competition (and yes, as you helpfully point out, to blame that on "global corporations"...and people wonder why Europe had such a long period of dictatorships in the 20th century, "globalism", right? wink, wink).