this post was submitted on 16 Nov 2024
123 points (93.6% liked)

World News

39032 readers
2248 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News [email protected]

Politics [email protected]

World Politics [email protected]


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
 

Summary

Stephen Moore, a senior economic adviser to US president-elect Donald Trump, urged the UK to adopt the US “free enterprise” model over Europe’s “more socialist” system, suggesting it would enhance the Trump administration’s “willingness” to pursue a UK-US trade deal.

Moore also defended US agricultural practices and Trump’s proposed 10% blanket import tariff, noting possible exemptions for allies like the UK.

UK leaders, including Keir Starmer, face pressure to balance trade ties with both the EU and US, with figures like Peter Mandelson advocating dual trade agreements amid Brexit challenges.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 84 points 1 day ago (4 children)

TIL I live in socialist EU.

[–] [email protected] 12 points 1 day ago (1 children)

Article 3 (3) TEU:

The Union shall establish an internal market. It shall work for the sustainable development of Europe based on balanced economic growth and price stability, a highly competitive social market economy, aiming at full employment and social progress, and a high level of protection and improvement of the quality of the environment. It shall promote scientific and technological advance.

Emphasis mine. In a nutshell a social market economy is a Realpolitik compromise between capitalism and market socialism, where private ownership of the means of production is tolerated but said ownership doesn't entail complete power over it, through e.g. co-determination laws.

To make this more concrete, and maybe blow some Yank's mind: Volkswagen's employees elect 50% - 1 seats on the board. Together with shares held by Lower Saxony (usually run by a socdem government) they run the place, no matter how many shares the Porsche/Piëch clan and the Saudis have. It's why VW itself worked towards unionising its own plant in Chattanooga, to the bewilderment of many. Sadly can't unionise the plants in China the CCP hates it when workers have a say.

[–] [email protected] 8 points 1 day ago (2 children)

Ironic for China to not like unions.

[–] [email protected] 2 points 21 hours ago

OMG they cat even communist properly.

[–] [email protected] 3 points 1 day ago

Tankies gonna tank.

[–] [email protected] 12 points 1 day ago
[–] [email protected] 8 points 1 day ago

Must be a different EU

[–] [email protected] 7 points 1 day ago (1 children)

TIL I'm emigrating to socialist EU.

[–] [email protected] 4 points 1 day ago (1 children)

No, the UK isn't in the EU. Unless I'm misremembering your posts

[–] [email protected] 1 points 1 day ago* (last edited 1 day ago)

I realize this. I was joking that the UK isn't going to take up Trump's economic model. It isn't going to be like the EU either.