Quote:
Originally Posted by diebitter
I believe that choice should be made via democratic institutions, not shytehawks like the EU
You are not thinking this through, this is basically an instance of the "tragedy of the commons " on country level. If countries (voters) act on their short term self interest it leads to unsustainable outcomes where everyone is worse off in the long run.
One way to solve this dilemma is to establish a common ruleset that prevents aggressive undercutting. Of course the decision to join that ruleset should be democratically legitimized, but once you commit to the rules it should *not* be easily reversible. That's the whole point really.