You seem to forget the USA 2007 Great Recession.In Europe, the notion of who controls is more of a joint affair between these big, inside investors, management and, especially in countries like Germany, the workers also have a large seat at the table. They kind of manage it together in a more cooperative, consensual way, whereas in American it is much more a shareholder-dominated board at this point.
The first corporations — way back — had social purpose
And how is that working out? All we ever hear from the left is the "European model". Well - if Europe is so great, how come none of you go live there? Greece completely collapsed under liberalism. They have experienced horrific riots, the government has shut down banks and only allowed citizens to withdrawal $70 per week from their bank accounts, etc. France is on the verge of that exact same collapse, and both Spain and France aren't too far behind France. It's a failed model. Why would you want to mirror a failed model?![]()
And wasn't German voted best country in the world this year? Canada was 3rd? USA 4th? Do you know why? Because workers in Canada and Germany have it better than we do here in America.
I don't want to leave. I want to go back to when America was great. My mom and dad's generation. I want what the baby boomers got. I want what European workers get. Don't get defensive when your country is no longer the greatest country in the world.