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As an American living in Europe, I don't think the well-balanced European way of life is the cause of Europe "falling behind". Instead I think it's a combination of the following intertwined factors: bad policies, a stunningly incompetent array of bad leaders, and bad deployment of capital (by both private investors and the state).

Agreed otherwise, the essay is great.



There is also one big thing, Europe even though it tries with the EU, is still a group of countries, not a single country.

It’s a lot easier for a business in one US state to expand to another one, but cross border business expansion in EU is still difficult.

People speak different languages, bureaucracy is different and often in a different language as well etc.

On top of that businesses are a lot more regulated than in the US.


While I agree that having a well-balanced life isn't necessarily the cause of Europe "falling behind", I'd like to point out that the US also shares some of those issues:

bad policies: massive tariffs, extreme spend of the military-industrial complex at the cost of education and healthcare, a completely pointless War on Drugs that just increases violence (to be fair, many states have more or less legalized cannabis at this point), war in foreign countries (if all the money spent of Afghanistan had just been distributed back to American taxpayers in the form of either tax cuts of stimulus checks, how might that have affected the economy?)

bad leaders: I think most historians would agree that president Trump is not exactly Mount Rushmore material

bad deployment of capital: at the state level, this would mirror 'bad policies', ie I don't think war the Afghanistan/war on drugs was a net gain for the US taxpayer. On the private side, the boom/bust nature of tech investments - how many were buying Pets.com stock in 1998? How many people bought trendy NFTs in 2019? How many completely unviable businesses get funded today just because "our product has AI"?

so there might be other factors.


I agree the US has many problems, and I really don't want to make this a EU vs USA thread. I also wouldn't say the US is "successful", whereas the EU is not. I just think the EU has amazing potential and isn't living up to it.

Also I think any success the US does enjoy over the EU is in spite of the things you mentioned, and a large part of that is the US simply has a much larger economy, much more money, and much deeper and well developed capital markets. Which just goes to show how much more the EU could aspire to, being a much larger bloc of countries with a larger population and all.


> a stunningly incompetent array of bad leaders

I am honestly curious who you are pointing at (in particular if you exclude British leaders)

Partly because I am actually curious, I don't doubt there are bad leaders.

But partly also because, without any details, this is a very general trope, that I don't really think is very healthy at the moment. Since it is food for right wing extremists (you probably know yourself where some politicians in USA originate from).


I'm sorry, I didn't mean to engage in tropes, I'll be more specific.

Emmanuel Macron is so unpopular that he has to forestall elections until 2029 to remain in power. In the meantime, his unpopularity means France cannot form a government or pass a budget, while the political center erodes under his leadership, giving way to the far left and far right.

Angela Merkel presided over a disastrous energy policy (outsource the coal mines to Poland, close all nuclear reactors, rely on cheap energy from Russia) which made German industry, and Europe by extension, precariously dependent on outside partners which are proving to be very unreliable. This has resulted in reduced economic performance, increased consumer costs, leading to popular discontent. This coupled with a poorly thought out immigration policy are hallmarks of her time in power, the fallout of which Germany is still dealing with today.

Ursula von Der Leyen is a direct descendant of Merkel, but with much less to show. She was complicit in all of Merkel's poor policies, and has not been able to address any of their negative consequences effectively. She has failed to rearm Europe, she has failed to revive economic growth (indeed, just the opposite, embracing at times a de-growth agenda which might on paper be noble, it incompatible with our current economic systems), she has done nothing to reassert Europe's sovereignty in matters of defense and energy, she has presided over the worst excesses of the European Council, which counter-productively rob individual countries of their sovereignty through a combination of bad lawmaking and policy (see the Draghi report), and poor executive decisions (see EU forcing Poland and Romania to buy $2 billion of vaccines they don't need and didn't ask for last week).

I won't even get into Donald Tusk, Viktor Orban, Karol Nawrocki, Hollande, Sarkozy, and all the pre-2020 Italian prime ministers (special shout out to Berlusconi lol).

Finally, I respect that it might be bad to engage in tropes, but I think it's also frame any criticism as playing to the far-right. Indeed a big problem in Europe is centrist politicians have suffocated any criticism by labeling it as "far-right". Over time, as their incompetence leads to more criticism, they label more people as far-right. This has had the reactionary effect of pushing otherwise normal centrist people into the far-right camp, which explains the rise of Le Penn and AfD, to the point that about 25% of voters in France/Germany are unfortunately voting for these far-right options.

Any healthy society must allow for debate and criticism, without labeling everyone who disagrees as extremists.


So the politicians made mistakes then (apart from Macron then whose only crime is being unpopular).

Who are you comparing to?

There has to be at least one ideal politician, otherwise I'd say the job is just inherently difficult. And hindsight is 20/20.


Ideally you would want someone like Charles De Gaulle.

The job is inherently difficult, and I think a big problem is institutional decay/drift leading to a bad pipeline of leaders, which is why you have so many poor, weak, and ineffectual leaders serving back to back. The UK is a prime example of this, but I think all of Western societies are struggling with this to one degree or another.

Indeed hindsight is 20/20, and I won't pretend to have all the answers. I just personally think we have a particularly rotten batch of leaders which can't only be explained by the leaders themselves, but also by the institutions and policies which spawned those leaders.




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