• seeigel@feddit.org
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    9 hours ago

    That’s a good argument but doesn’t fit the situation. The bad buying decisions can be corrected with market mechanisms. Allow people to finance the products over the entire expected lifetime. Then high quality goods are cheaper and people will choose them.

    Some people speculated that Britain left the EU because they believe in markets whereas many EU countries don’t. This could be one of many decisions that put the EU onto a different trajectory. We will see in 20 years if the EU can stay on top of its regulations.

    • barsoap@lemm.ee
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      8 hours ago

      Allow people to finance the products over the entire expected lifetime.

      So you want to capture regulation in the name of the banks and whatever presumably private (because markets!!!11) agency does the life expectancy rating while simultaneously letting the manufacturers off the hook warranty-wise. Got you.

      Some people speculated that Britain left the EU because they believe in markets whereas many EU countries don’t.

      Those people are stupid. At least in so far as “they” refers to Britons at large. If with “they” you mean certain nobs and posh folks and with “market” you mean “offshore tax havens” then you have a point.

      Brexit was pushed for by Atlas network members, notably against opposition from Atlas members from anywhere else in the world, right before the EU started tightening regulations on tax havens. Coincidence? You tell me. The rest of those neoliberal fucks rather pay taxes than burn the cake they’re eating.

      We will see in 20 years if the EU can stay on top of its regulations.

      The EU Commission, back then in the form of the ECSC High Authority, has been doing this stuff since 1952. All European post-war prosperity is based on this kind of approach. Details differ but by and large the European economical policy is ordoliberal.