The fundamental problem in Europe is the perception that companies are inherently ill-intentioned, requiring micro-management through massive bureaucracy. It is a moralising and irresponsible attitude that older people can afford to adopt, but like so many other things, it hits younger generations mercilessly hard.
Ehmmm... If we learnt something in the past century, it is that companies don't have morals because they are not real persons. And even the real persons running them may be legally liable to the shareholders if they act based on their personal morality.
So, yes, the default should be that companies are inherently ill-intentioned to society, because that gets them an unfair advantage and gets more "value to the shareholders".
> The fundamental problem in Europe is the perception that companies are inherently ill-intentioned, requiring micro-management through massive bureaucracy.
History tells us they are. Well technically, they are not ill intentioned. They just don't care if they do harm on their search for profit