Regulated capitalism can be a lot of things. Even good things, I claim. Furthermore, unregulated capitalism turns into feudalism, which is someything we see now in digital sphere a lot. EU tries to regulate capitalism to get the best parts of it, like rewarding fair competetive environment - paradoxically, fair competetion favors collaboration. An alternative to favoring individual and collectove agency is authocracy, and dictors never remain benevolent for long.
The EU doesn’t do any hybrid model. Social democracy is still capitalism, being less shitty than the US doesn’t make the EU any less capitalist.
Regulated capitalism can be a lot of things. Even good things, I claim. Furthermore, unregulated capitalism turns into feudalism, which is someything we see now in digital sphere a lot. EU tries to regulate capitalism to get the best parts of it, like rewarding fair competetive environment - paradoxically, fair competetion favors collaboration. An alternative to favoring individual and collectove agency is authocracy, and dictors never remain benevolent for long.