Am I being ridiculous? This, of course, can only be determined by plugging that word into our respective value systems to understand the basis of the claim. I, for example, think the DMA and the EU are fundamentally flawed approaches to technology. I think the EU is playing in a field with little knowledge about markets and how they work, especially technology markets. I think the EU is disingenuous about its real motivations; in all liklihood, those motivations are even hidden from the proponents and authors of the DMA due to confirmation bias and other human frailties.
So, from my value system, nothing I've said here is ridiculous.
You clearly have a very different value system. So, ridiculous is in the eye of the beholder.
And EU knows what they’re doing, you simply have an ideological difference that doesn’t square with how EU thinks about markets and economics.
EU have a very flawed approach if you think they are trying to meet the same goals as you value.
European Union
The Treaty on European Union set the following goals in Article 3(3):
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.
Competitiveness has "top priority as the goal of all reforms". Increasingly, the EU is taking over the functions that Eucken and the Ordoliberals had provided for the state in dealing with companies, trade unions, etc. The "effectiveness of Ordoliberalism" was evidenced by the euro, which escapes the access by the nation states ("money that cannot be produced by oneself"), the design of the competition order for the European market and the "European austerity regime".
Ordoliberals are also known for pursuing a minimum configuration of vital resources.
EU follows a mix of the Ordoliberal theory that the state must create a proper legal environment for the economy and maintain a healthy level of competition through measures that adhere to market principles.
This is the foundation of its legitimacy. The concern is that, if the state does not take active measures to foster competition, firms with monopoly (or oligopoly) power will emerge, which will not only subvert the advantages offered by the market economy, but also possibly undermine good government, since strong economic power can be transformed into political power.
And the The
social market economy also called
Rhine capitalism,
Rhine-Alpine capitalism, the
Rhenish model, and
social capitalism.
Social market economies aims to combine free initiative and social welfare on the basis of a competitive economy.
The social market economy is opposed to laissez-faire policies and to socialist economic systems
and combines private enterprise with regulation and state intervention to establish fair competition, maintaining a balance between a high rate of economic growth, low inflation, low levels of unemployment, good working conditions, social welfare and public services.
Although the social market economy model evolved from ordoliberalism, this concept was not identical with the conception of the Freiburg School.
The main elements of the social market economy in EU are the following.
- The social market contains central elements of a free market economy such as private property, free foreign trade, exchange of goods and free formation of prices.
- In contrast to the situation in a free market economy, the state is not passive and actively implements regulative measures
I think the EU is disingenuous about its real motivations; in all liklihood, those motivations are even hidden from the proponents and authors of the DMA due to confirmation bias and other human frailties.
You clearly have a very different value system. So, ridiculous is in the eye of the beholder.
That the thing EU aren’t disingenuous, they just aren’t laissez-faire.
Ordoliberals thought that liberalism (the freedom of individuals to compete in markets) and laissez-faire (the freedom of markets from government intervention) should be separated.
Walter Eucken, the founding father and one of the most influential representatives of the
Freiburg School, condemned classical laissez-faire liberalism for its ‘naturalistic naivety.’ Eucken states that the market and competition can only exist if economic order is created by a strong state. The power of government should be clearly determined, but in its area in which the state plays a role, the state has to be active and powerful. For ordoliberals, the right kind of government is the solution of the problem.