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The European Union regulates the market so much it’s hard to call it capitalism, the biggest european companies are basically EU projects like Airbus (every government funds it) or too big too fail like Siemens and/or they would use: “strategic industry” and be done with it.
Edit oh and I almost forgot it, or they are like Inditex, basically not European it’s just an European getting rich while exploiting poor people all around the world, but I think this is actually capitalism and that guy isn’t exactly appreciated by ruling dictator, I mean party, in Spain.
I don’t know about the whole Europe but Spain is buying more energy from Russia than before the war and sanctions.
Don’t get me wrong, I hope that would be the case but Europe is also Corporativist.
Is it more? I know Spain is still buying some LNG from Russia, but i would have thought the amount went down, not up.
capitalist*
thats how its called.
The European Union regulates the market so much it’s hard to call it capitalism, the biggest european companies are basically EU projects like Airbus (every government funds it) or too big too fail like Siemens and/or they would use: “strategic industry” and be done with it.
Edit oh and I almost forgot it, or they are like Inditex, basically not European it’s just an European getting rich while exploiting poor people all around the world, but I think this is actually capitalism and that guy isn’t exactly appreciated by ruling dictator, I mean party, in Spain.
deregulation is not the same thing as capitalism.