De Grauwe: Free Market Without Free Movement Is Possible

The video discusses the complex relationship between politics and economics in Europe, highlighting the challenges capitalism faces due to inequality and globalization. It examines the rise of populism and its impact on the EU, particularly concerning free movement. The discussion also covers the benefits and drawbacks of globalization, emphasizing the need for better systems to support those affected by economic changes.

What is the main challenge faced by countries like Spain and France according to the first section?

• High economic growth

• Low economic growth and political difficulties

• Excessive globalization benefits

• Political stability

What is a significant issue with capitalism in Europe as discussed in the second section?

• Lack of innovation

• Over-regulation

• Excessive government intervention

• Inequality and globalization challenges

How does the second section describe the reaction of people hurt by globalization?

• They seek to increase free movement

• They demand more government intervention

• They turn against capitalism and support populism

• They support more globalization

What does the third section suggest about the EU's approach to free movement?

• It should be expanded further

• It should remain unrestricted

• It should be regulated better

• It should be completely abolished

According to the third section, what should governments do to support those affected by globalization?

• Encourage more globalization

• Ignore the issue

• Increase unemployment benefits

• Reduce unemployment benefits