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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.
Other countries like that and Europe deals with are: Qatar, Saudi Arabia, Russia and of course, China.
The digital dependence on the US is much like the energy dependence on Russia.
Europe is ditching Russian energy. They may ditch US tech.
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.
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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.