European politics: Why Support Protests
Part I: failures of the past, role of state in addressing inequality through high profile jobs, setting an experiment for the French
European politics has been creating meaningless acronym blocks, treaties, organizations, and structures for years that only benefit politicians seeking a career after failing in their home country. Instead of utilizing existing platforms and executing strategies, they build more expensive bureaucracies to often imitate activity. Critics would say that each country needs only one accountable democratic government, not more organizations that voters can't keep track of, let alone participate in meaningfully.
"...instead of creating stronger Europe, politicians for tens of years been creating new meaningless acronym soup of blocks, treaties, orgs, structures where THEY can build another career..."
Produced regulations are at best solutions looking for problems, sometimes only creating headaches. Mr. Macron, who managed to get a smaller share of votes amid more recent situation than in his first run, should focus on domestic pain points. International initiatives are for those with enough credibility and support, whose reputation can add weight to proposals. Anything with Macron's name attached to it today is just given bad branding even if it's a sound solution.
"...produced regulations are at best solutions looking for problems, sometimes only creating headaches : GDPR, PRIIPs, how did those helped or prepared us to address today's problem of war, inflation, pandemic? was anyone made accountable for that waste?..."
Politicians are generally so behind progress, and France is limiting the most basic form of the Universal Basic Income (UBI) in so-called PENSION REFORM. Instead, they should try or at least plan UBI expansion, but leaders seem to go against technology just as they go against the economy. Central banks are raising rates after a dis-inflationary decade, and after more than 10 years of failing to hit 2% money growth, they are imitating fighting a data outlier of high CPI (a set of circumstances like war, first experiment in a decade with fiscal actions during the pandemic, post-pandemic recovery with China still in lockdown and other aspects of the supply chain crisis).
"...it's as if politicians think that making idiots of themselves is an achievement, if not, then why so many try so hard to succeed at it?..."
I's not meant to be a hit piece on French President. Criticism is where it's due, it was rather ironic that he was criticized over less of an issue with Uber. Neelie Kroes actually had a much more serious affair with Uber. An EU official who is supposed to protect Europeans' interests instead got a pay check in form of a highly paid job. One is left to guess what services during her time in Brussel’s office she provided for promotion to future employer and what to public, (which paid her first but less). Bad enough that all these EU acronyms/orgs fail to protect us, but supranational theft is just out of touch. Europeans are right to expect better from a former Vice President and digital agenda Chief.
France already has almost every 4th person employed by the public sector, but this can be addressed in a different way. Reform does not have to be about cutting spending. The issue has never been about that; it's about wealth inequality, and the goal should be aimed at it. People can work for the public sector, but it has to create meaningful and highly profitable (wealth creating) jobs, competing in areas such as AI, especially when there are nuclear power plants constantly being closed for maintenance, new military challenges appear to the East and South (Africa). Best talent has to work for the state to progress France with humanity forward, not for international corporations that haven't done much for us in terms of progress recently.
...in terms of progress, did LVMH or Google, which both happen to pay their workers more, help the French in advancing their society much esp. recently?...
Meeting the requirements of protesters is only the first step. What's needed next is creating more jobs, more competition, more innovation, more wealth by the public sector, displacing failed international corporations, and setting goals to directly achieve progress in areas such as climate change, solving pollution, medical research, AI, space or deep sea exploration, and fighting propaganda (so that failures of foreign policy with Russia and China do not repeat, ever). It should become an honor to work on such state-led projects and means of achieving salaries of the top 1%. The state should become competitive, and there will be no issue with the oversized public sector such as in Southern Europe becoming a drag on the budget. Instead, imagine it conquering the innovative economy of Information Age...
The State-led economy should become competitive, and there will be no issue with oversized public sector such as in Southern Europe, being a drag on the country budget. Instead, conquering innovative information economy, should actually make state projects profitable and lower their budget deficit (total costs). This can be done while addressing inequality, as main source of it is not in high salary but rather shareholder ownership. State companies will instead distribute benefits of innovation more equally across society and dividend profits to government budget, while allowing no speculation in share prices.
In second part will expand on a role of organized labor in such experiment, and why France is best-positioned for it.