It’s a bit tragic that Ilya and company achieved the exact opposite of what they intended apparently, by driving those they attempted to slow down into the arms of people with more money and less morals. Well.
HN isn't the place to have the political debate you seem to want to have, so I will simply say that this is really sad that you equate "sharing" with USSR style communism. There is a huge middle ground between that and the trickle-down Reaganomics for which you seem to be advocating. We should have let that type of binary thinking die with the end of the Cold War.
is all I'm saying. And I'm not interested in political debates. Neither right nor left side is good in long run. We have examples. More over we can predict what happens if...
"Europe is falling behind" very much depends on your metrics. I guess on HN it's technological innovation, but for most people the metric would be quality of life, happiness, liveability etc. and Europe's left-leaning approach is doing very nicely in that regard; better than the US.