E.U. States and US Economies Compared Economically

Even in reporting and analyzing seemingly-objective economic data for comparative purposes, political ideology can creep in if that instinctual urge is powerful enough. Even in comparisons of political entities that are on the same level (e.g., city, region/province, kingdom, empire), “word-games” can be used to suggest that the republics being compared are on different political levels. The use of linguistic subterfuge is, I submit, underhanded and based on a stubborn refusal to admit to oneself that the two or more political entities being compared are indeed on the same level, rather than one being higher than the other. In the case of comparing GDP and GDP per capita between E.U. and U.S. states, the very fact that the states are being compared to each other, rather than a state in one union to another union (as if a state in one political union were equivalent to another union of states—a category mistake to be sure!), means that the respective states are in fact equivalent even though different labels are used according to whether a given state is in one union or another. In arguing these points, I shall juxtaposition the respective labels to highlight the absurdity of using different labels for ideological purposes.

In mid-April, 2026, Euronews, which reflects Euroskeptic language in order to appease critics of the E.U., reported that top E.U. states and U.S. republics were roughly similar in “economic size rankings.”[1] Even though E.U. states, like U.S. states, were (and had been) semi-sovereign states, Euronews belied its own economic likeness of the respective economic sizes of big states in both unions by erroneously inventing the label, “EU countries” just before “US states.” Then, in the next paragraph, the journalist used the label, “European economies” for the E.U. states yet retained US states. In English, the expression, “Something funny is going on here” is a way of applying suspicion to another person’s underlying motives. In other words, something more is going on in the writing of the article than merely comparing economic numbers. This is the idea.

The “word games” bent on subtly overlaying differentials are undercut when we turn to the numbers themselves. In terms of GDP, the list from highest to lowest shows E.U. states and U.S. states clustered: Germany, California, France, Texas, Italy, New York, Spain, and Florida. That big states in one union of states are economically equivalent to big states in the other union is good evidence that the respective states in the two unions are equivalent more generally. To take one example, the GDP of Spain in 2025 was €1.687 trillion and that of Florida was €1.624 trillion.[2] To be sure, in making more general comparisons between the two semi-sovereign states, Spain’s greater size, 3.6 times the territorial size of Florida, is significant. However, that Spain’s 505,990 square kilometers falls between the 423,970 of California and the 695,662 of Texas strongly suggests that in terms of territory, the large (and small) states of the respective unions cluster together, rather than it being the case that a large state in one union clusters with the other union overall. To be sure, the exception to this is Alaska being larger than the E.U. itself, but otherwise, the large states in the two unions cluster not only in terms of economic output, but also geographical size.

The article’s report of GDP per capita even puts some large U.S. states above even large E.U. states because New York, California, Illinois, Texas, and Florida have higher numbers than do the Netherlands, Germany, France and Italy. The bar-graph in the article even has all of the states in blue whereas the U.S. and E.U. are in other colors so those two unions could be compared to each other. Even though the graph is labeled as “EU’s top 5 economies vs. top 5 U.S. states” (notice, too, the subtle, selective use of periods in “U.S.” but not “EU” as if this means that the latter is an organization rather than a union of states!), that all of the states are shown with blue bars indicates that the states of the respective unions are equivalent (and that the unions can be compared with each other, rather than to a state).

In making the argument of state-equivalence, out of which I derived union-equivalence, I once read the ten volumes of George Bancroft’s History of the United States of America, From the Discovery of the American Continent after having taken Joanne Freeman’s Yale course on the American Revolutionary War. In writing British Colonies Forge an American Empire: A Basis for Trans-Atlantic Comparisons, I wanted to highlight that according to Bancroft’s studies, people on both sides of the Atlantic viewed the British colonies as being on the scale of the countries in Europe at the time. Bancroft reports in his texts that both the political elite in the colonies and in the British Empire’s host kingdom (i.e., Britain) tended to view the United Colonies as being on the empire- rather than kingdom-level.[3] In fact, even New England, the Mid-Atlantic, and Southern (informal) sub-groups of colonies were viewed as empires in themselves by some people! Not just a few British politicians were nervous about there being an empire (or empires!) within the empire; an empire consists of kingdom-level political entities. That both Virginia and Ireland were regarded as members of the British Empire is strong evidence that the British colonies in North America were regarded from the start in the Greek rather than the Roman sense of a colonialization (i.e., a colony constructed to be equivalent to the host country rather than as a part thereof; for example, a city-state in Greece creating another city-state). This is the historical underpinning for my conclusion that the U.S. states, rather than the U.S. itself, are equivalent to E.U. states, and therefore I submit that the claim that a state of the E.U. is equivalent to the U.S. is a political category mistake. In historical terms, no one would have claimed that a kingdom and an empire are equivalent because empires consisted of kingdoms. That both a free-standing, or free, kingdom and an empire were both sovereign does not make the two equivalent because sovereignty is merely an attribute rather than definitive.  

Comparative politics can extend beyond comparing types of political systems (e.g., democracy, autocracy) to consider the matter of equivalence in terms of city-states, regions, kingdoms, and empires. Early in the seventeenth century, the European jurisprud Althusius wrote Political Digest on federalism based on the Holy Roman Empire. In his text, he clearly distinguished between the different levels in a federation: the guilds, the cities, the regions, the kingdoms, and the empire. His theory of federalism has the next-lower being members (and thus represented) in the next-higher, with individuals being members only of the guilds. His isomorphic federalism is more the case in the E.U. than the U.S. because none of the American states have federal systems. By viewing the E.U. and the U.S. as equivalent, Althusius’s theory could be seen to be applicable to the U.S., especially in regard to that union’s large, internally heterogenous states like California, Illinois, and New York. Comparing apples with apples, and oranges with oranges in comparative politics can indeed have such significant practical benefits, but not if Europeans and Americans go on treating individual states in one union as being equivalent to the other union rather than to states thereof.

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1. Servet Yanatma, “E.U.’s Largest Economies vs. Top US States: How Do They Compare in GDP?”  Euronews.com, 12 April, 2026.
2. Ibid.
3. Skip Worden, British Colonies Forge an American Empire: A Basis for Trans-Atlantic Comparisons.

Proliferating Blocs: The E.U. and Mercosur

Words matter; they may not break bones, but they can wreak havoc if they are used carelessly or ideologically. Political labels can stick, and, if inaccurate, they can result in people having an incorrect impression of what something or someone is, politically. The war that began in North America in 1861, for example, has typically been labeled as a civil war, but it may be more accurately labeled as the C.S.A.-U.S.A. War because the Confederate States of America did not want to take over the U.S.A.; it was not as if the C.S.A.’s goal was to conquer and government the U.S.A. Having established itself as a functioning political entity even though U.S. President Lincoln refused to acknowledge the political existence of the C.S.A., that union could be said to have existed and been at war with the U.S.A. from 1861-1865. Two unions of states were at war with each other; it was not as if the Union Army was at war with individual seceded states. The C.S.A. had a government apart from the state governments. So “the war between the states” is an inaccurate label because it denies the existence of the two unions. But the common label of a civil war is also problematic because two political factions were not fighting each other for control of the U.S.A. If this criticism seems unusual and even perhaps rather strange, the reason may be because the victor’s labeling of the war has been so overwhelming. My point is that this does not mean that the labeling is accurate just because it has been widely accepted. Similarly, the labeling by E.U. officials (including the E.U.’s ambassador to the U.S.) of the European Union as a bloc is not accurate. 

That the label has been meant to placate anti-federalist Euroskeptics, such as Hungary’s Viktor Orbán, so they don’t further weaken the Union renders the actual, self-inflicted weakening as a self-fulfilling prophecy. Furthermore, that the E.U.’s self-inflicted weakening-by-label has fit the militaristic agenda of Russia’s President Putin and the isolationist agenda of the American President Trump like a glove seems not to have disturbed the E.U.’s political elite. That the E.U. has never been an informal trading “bloc” of sovereign countries like the Mercosur trading bloc in South America is seems not to have bothered the European labelers, including the enabling media.

For example, reporting on a speech by E.U. President Von der Leyen’s to the Parliament, European journalists referred to both the E.U. and the coordination on trade by four countries in South America as “blocs,” as if the two were of the same political type or genre. For instance, Euronews reported that with regard to the E.U. helping Ukraine withstand Putin’s continuing invasion and signing a trade deal with the four countries in America, at “stake is the 27-member bloc’s credibility to shape its foreign policy and trade agenda.”[1] But it is the E.U.’s foreign policy and its trade agenda, not the aggregate of all of the states’ foreign policies and trade agendas, and this difference is backed up by the E.U. having an executive, legislative, and judicial branch of its own, albeit with state participation in the European Council and the Council of Ministers. Blocs do not have governmental branches. The label of bloc does, however, fit “the South American Mercosur bloc” of four countries because that bloc is simply an alignment of trade policies.[2] There was not Mercosur executive, legislature, and supreme court, no Mercosur social policy, and not even a Mercosur federal system wherein governmental sovereignty is split between states and a federal level. The false equivalence of the European Union and Mercosur is a grave insult to Europe, and yet it has repeatedly been self-inflicted by the European political elite itself.

I contend that the E.U. has been a formidable accomplishment, not a perfect union, but far beyond what a bloc is and can muster, and that the potential of that union of states should therefore not be held back by a dominative label intended placate an anti-federalist minority. The costs of continuing to treat the E.U. as equivalent to a trading bloc of countries in South America may seem bearable, but President Von der Leyen’s point that the E.U. was then at a critical inflection-point concerning Europe’s security and independence, global image, and international standing means that the E.U. could no longer afford to label itself as a bloc as if were just another Mercosur group of countries.

For on the very same day as Von der Leyen was delivering a speech to the European Parliament, Russian President Putin was telling a gathering of his military brass, “European swine wanted to feast on the collapse of Russia” and—interestingly in echoing comments only recently made by the American President, Donald Trump—in referring to Europe and the E.U. in particular, “Today it turns out there is no civilisation there, only complete degradation.”[3] Swine degrading European civilization. Ouch! Unfortunately, Russian tanks, bombs, and troops in Ukraine combined with Putin’s rejection of the proposed American compromise because it does not give Russia all the territory is wants in Ukraine render the punch behind the insult more serious than mere words. It is ironic that words spoken outside of the E.U. have made the Europeans’ own use of their word, “bloc,” more costly because what bloc could expect itself to issue its own debt to help Ukraine militarily? What bloc can have a federal foreign policy? What bloc can do more than rely on state militias for a defense? Simply in degrading these expectations, the European political elite continued to shoot itself in its collective foot as Putin continued to apply his political theory that military might makes right in Europe.

The E.U. is neither a regional UN nor a trading bloc of sovereign countries, nor even an international organization. All of these claims are the result of ideological resentment and political expediency. These two vices in the E.U. are like water to a fish. That the member-states ceded some of their governmental sovereignty to be exclusive and even shared competencies of the European Union effectively relegates such false equivalencies to the dust bin, so it is strange that they persisted at least through 2025. In fact, the staying power of the principle of unanimity in place of qualified-majority voting on some major issues may stem from the continuing misunderstanding that the E.U. is merely a bloc.

So, labels do matter, and they can get in the way. This is especially problematic in hard times, for European integration in the E.U. has largely happened only times of crisis. The rhetoric of presidents Trump and Putin alone justifies President Von der Leyen’s statement, “Yesterday’s peace is gone. We have no time to indulge in nostalgia. What matters is how we confront today.”[4] Describing the E.U. as a bloc of member-states does not even qualify as nostalgia because the E.U. has never been a bloc; the self-defeating label sprang out of anti-Americanism (lest the E.U. be held to be equivalent to the U.S. as an empire-scale federal system characterized definitively by dual sovereignty) and the political fear of the domestic, yes, domestic, opposition of anti-federalist Euroskeptics that is ironically strengthened in its version of political reality by the label itself. Self-inflicted weakness in a partisan ideological battle hardly attracts support.

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1. Mared Gwyn Jones, “Von der Leyen Warns of EU’s ‘Dangerous’ Reality in Shifting World Order Ahead of Crunch Summit,” Euronews.com, 17 December 2025.
2. Ibid.
3. Sasha Vakulina, “’European Swine Wanted to Feast on Russia’s Collapse,’ Putin Says Bashing Europe,” Euronews.com, 17 December 2025.
4. Mared Gwyn Jones, “Von der Leyen Warns of EU’s ‘Dangerous’ Reality in Shifting World Order Ahead of Crunch Summit,” Euronews.com, 17 December 2025.

Homelessness in the E.U.: Rectifying a Right

In late 2025, the E.U. Commission presented its first European Affordable Housing Plan. The E.U.’s involvement in “social housing,” which translates into federal funds being used to provide housing beyond homeless shelters for people who cannot afford to house themselves, implies that the programs of the states had been insufficient. The U.S. could take a lesson from the Commission’s plan, which is cleverly multi-pronged in tackling the societal problem. Both in the E.U. and U.S., both federal and state funds were needed even in 2025 when neither economy was in recession. It is better to increase the supply of affordable housing when times are good than when unemployment is soaring. This is an exception in the E.U. to the usual pattern wherein the E.U. increases its competencies, or enumerated powers, in periods of one crisis or another. Russia’s multi-year invasion of Ukraine, which borders the E.U., and the Union’s foreign and defense activity demonstrate how European integration has typically been enhanced by crisis rather than when times are good.

Homeless in both the E.U. and U.S. was a problem in 2024. In its “9^th Overview on Housing Exclusion” in 2024, Feantsa estimated a total of 1,287,000 people “rough sleeping, staying in night shelters, or temporary accommodation” in the European Union.[1] According to the U.S. Federal Reserve Bank, 771,400 people were homeless in January, 2024—an increase of 118,300 from 2023.[2] The total population of the E.U. at the end of 2024 was estimated at 450.4 million, and that of the U.S. was 341.8 million (whereas the respective states tended to cluster in the tens of millions). That works out to .0028% and .0023%, respectively. This may come as a surprise because in Europe, housing is more likely to be viewed as a right than in the United States.

Dan Jorgensen, the E.U. Commissioner for Energy and Housing (and the first such commissioner in E.U. history), said at the time of the Commission’s presentation of its proposal, “Housing is not just a commodity; it is a fundamental right. We must mobilise every euro and do everything in our power to make sure that in Europe everyone can afford a decent place to call home.”[3] In the U.S., the lax regulations on investor-speculators on houses, condos, and even apartment buildings evince a commodities-orientation to residential real-estate, whereas in the E.U. the homelessness problem may have more to do with insufficient supply rather than the salience of a political ideology favoring business or disfavoring the poor as deserving their plight.

I contend that permanent housing as a right is a better political ideology than is the business-commodity view of housing units both because being homeless takes such a terrible toll of the human psyche and because society should be obligated via the market or else the state to supply permanent housing because economic interdependence is endemic to a society as opposed to Hobbes’ state of nature, where life is short and brutish. Put another way, being in the state of nature in terms of housing while being in a society does not work because a society and a state of nature are mutually exclusive. 

It is inconsistent to insert, especially within city and even a town, even a slice of Hobbes' state of nature, whether in the form of sociopathic violent gangs for which law in south Chicago in Illinois is wholly disrespected, or homeless individuals in a town or city. Having the state of nature within a society is not like Yin being in Yang, and vice versa, in Chinese philosophy; rather, the state of nature inside a society contradicts the necessity that Kant argued is inherent to law, whether public or moral law. Furthermore, to tolerate homelessness within a society is like inserting a vice like vengeance into omnibenevolence—a point that Nietzsche makes in claiming that the Abrahamic deity is “dead” in the sense of having been discredited by being both vengeful and perfectly benevolent, which are incompatible with each other. Even though the effort to rid humans of vengeance is laudable, the cost in assigning the vice to God was surprisingly overlooked, and still is. Similarly, the utter incompatibility of homelessness and society is seldom recognized. 

By the end of 2025, it was well beyond time for the E.U.’s Commission to come up with a plan to rid the Union once and for all of the sordid plight of homelessness. Ridding Europeans of the constant, underlying existential angst that does not leave a mind that is subtly aware that homelessness could occur in the future can be expected to result in happier, more relaxed people and thus less interpersonal strife. It is indeed realistic that the E.U., together with the member-states, could together, as a shared competency, eliminate  the problem of homelessness in 2026 by relaxing state rules on whom can receive housing assistance (i.e., not just the very poor), using federal “European Social Housing” funds to get homeless people immediately into at least short-term housing (even hotels), and incentivizing the construction of more housing units to meet the demand, and even reducing housing prices and rents for everyone. The sordid commodity perspective in America would be exposed as severely flawed, as it reflects elected officials across that Union being in the campaign-financing pockets of private finance and business rather than looking out for, or protecting, all constituents from the horrible experience of being homeless. Just in virtue of being a human being—how we are hard-wired and how vulnerable the human brain or mind is to the incapacitating harm from severe, existential stress—something beyond short-term housing should be ensured unconditionally. How a human mind reacts to being homeless ought to justify the unconditional aspect, as those who do not work must wander around at all times and be subject to theft is a callous ideological belief.

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1. “What is Homelessness,” Feantsa, Feantsa.org (accessed 16 December 2025).
2. Lisa McKay and Kenneth Cowles, “Who Is Homeless in the United States? A 2025 Update,” The Federal Reserve Bank of Minneapolis, March 14, 2025.
3. Vincenzo Genovese, “EU to Revise State Aid Rules to Address bloc-wide Housing Crisis,” Euronews.com, 16 December 2025.

E.U. Citizens on the Union’s Enlargement

Having recently been presented with an E.U. citizen denying the E.U. has citizens even as he admitted that he could vote for a candidate to represent him in the European Parliament, I had my faith in human rationality restored the following day in reading of a poll of E.U. citizens on whether additional states should be added to the Union; ideology, even of the tribal sort, need not distort rationality beyond recognition. Even in the reporting of such a poll, however, the Euroskeptic, or states’ rights, ideology left its imprint. Even such an auxiliary presence is a sign of the headwind that has been facing the E.U. since its founding.

Euronews reported on 28 October, 2025 that 56% of E.U. citizens approved of adding new states. “Young Europeans in particular support enlargement. 67% of 15-24 year olds are in favour, ahead of 25-39 year olds at 63%.”[1] If the young adults maintain their optimism in the decades to come, we could expect the power of the Euroskeptic, states’ rights (i.e., anti-federalist) ideology to lessen over time. This in turn could allow the E.U. to accumulate enough additional enumerated powers, or exclusive and even shared competencies, so the benefits of united action could be realized more fully, especially in the domains of foreign policy and defense. As of 2025, it has been as if state officials had tied one arm behind the E.U.’s back even regarding existing federal competencies. The poll indicates that this could change.

The poll can also be taken as an argument for a more vigorous education prior to university and trade school, for the support for enlargement “comes to a large extent from young people and educated people.”[2] To be sure, an educated person could argue that because of the unwillingness of enough state governments to delegate additionally competencies (or even just strength those that the E.U. already had), the veto mechanism enjoyed by each state should be more restricted before additional states are annexed to the Union. It is possible, for example, to up the double majorities from 55% to 60% on major pieces of federal legislation, in place of keeping the veto-mechanism in place. Even at 27 states, unanimity is unrealistic; it could therefore be unrealistic to expect unanimous agreement with there being even more states in the Union.

The force behind retaining the veto-mechanism in the European Council and the Council of the E.U. is none other than the Euroskeptic, or states’ rights ideology that is just fine with allowing even small states to block proposed legislation even if it is in the interest of the Union as a whole. In the twentieth century, that ideology manifests as strident nationalism, which of course gave rise to war on more than one occasion. Unfortunately, old ideologies die hard even in the face of the fact of political development, such as that of several states forming a federal union of states. Such a development, especially after several decades, inherent relativizes otherwise unmitigated pro-state-oriented ideology.

That ideology is to some extend built into the poll, according to which “the most supportive Member States are Sweden (79%), Denmark (75%) and Lithuania (74%). Conversely, Austria (45%), the Czech Republic (43%) and France (43%) are the least supportive” of enlargement.[3] Although admittedly much daylight exists between 79% and 43%, and pro-E.U. advertising could be directed by the Commission to run in local media in the least supportive states on the basis of this way of dividing up the results, reporting by state is itself a reinforcement of the state-centric, Euroskeptic ideology that has held the federal legislative and executive branches back even from being able to fully exercise its enumerated powers, or competencies.

On May 1, 2025 at Yale, I met the E.U.’s ambassador to the U.S. after her talk. I pointed out that the media in the E.U. labeling the Union as a mere bloc as if the E.U. were only active in one power-domain and were temporary, was subtly undermining the E.U. itself and fortifying the Euroskeptics. To my surprise, she agreed with me, but my feedback had zero impact.  She told me that just admitting even that the E.U. has a federal structure would enrage powerful Euroskeptic officials in some states, such as Hungary. As a result, however, more uneducated Europeans could be expected to conflate the “bloc” with international organizations such as NATO and the UN, and the poll supports this point. Why expand something as weak as a bloc?

On October 24, 2025, an Oxford professor of political economy spoke at Harvard’s Center for European Studies. Whereas Yale’s Center acknowledges and so includes talks on the E.U. being intergovernmental relations only, Harvard’s political economists have been stuck in the political economy paradigm of Europe prior to the founding of the E.U. in the early 1990s. So, the professor from Oxford presented a European poll in which both the E.U. itself and the related impact of European cultural integration from the states being in a federal system were ignored. Instead, he (or the discussant) insisted that Denmark and Sweden are so different with respect to how the poor view public policy that is oriented to reducing economic inequality, even though both northern states are Scandinavian and have relatively low economic inequality, whereas every rural American is a libertarian against constraints on rising economic inequality. In other words, the interstate cultural differences are magnified when it comes to the E.U., while such interstate (mostly non-linguistic-based) differences in the U.S. are virtually ignored as if one cultural attitude spans across a continent. The European states’ rights, or nationalistic, ideology can be so exaggerated that cognition is twisted even in the minds of scholars! Unfortunately, the E.U. itself has been paying the price for this ideological denial; it is not just an artifact of ideology under the subterfuge of scholarship. Ironically, as long as the E.U. continues to pay the price from being reckoned by enough uneducated European citizens as merely a bloc (or even as nonexistent), enlargement by the accession of additional states without basic reform of the federal system would be likely to compound paralysis rather than increase the Union’s strength.

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1. Gregoire Lory, “56% of Citizens Support EU Enlargement, New Eurobarometer Poll Shows,” Euronews.com. 28 October, 2025.
2. Ibid.
3. Ibid.

Negotiating from Weakness: The Plight of the European Union

To go to much effort to construct an economy on the scale of an empire only to refer instead to the economies within such a union, whether the E.U. or U.S. is to pay excessive homage to an ideology that can be termed Euroskeptic and anti-federalist, respectively. To refer to economies in one union and the economy in the other is just one means by which an ideology can distort a person’s reasoning and perception without the person being conscious of the underlying logical inconsistency. Such an inconsistency is incurred not only in “having it both ways” in the E.U. being a common market even as the states are referred to as economies even though many share a currency and thus a central bank, but also in referring to the federal system as if it were a mere “bloc,” or “network.”  In all of these cases of ideological word-games, the E.U. itself is minimized and thus implicitly marginalized from within. With Russia invading Ukraine and Israel eviscerating the Muslim residents of Gaza, self-marginalization for ideological purposes is indeed costly. Even referring to the federal official who is in charge of foreign policy as a “high representative” is implicitly denigrating and thus counter-productive to the E.U. being able to stand up to Putin and even Netanyahu in 2025.

The full essay is at "Negotiating from Weakness."

Elon Musk’s Controversial Politics: Beyond the Financials

As U.S. President Trump signed his “Big Beautiful Bill” into law on July 4, 2025, Elon Musk, shareholder and CEO of Tesla, announced that he would create a new political party (or “group” in European-speak). Musk opposed the projected trillions of dollars that the bill would add to the debt held by the U.S. federal government, though, as CEO of SpaceX, he was fine with cutting a trillion dollars from Medicaid, which provides health coverage to the poorest of the poor, and from food assistance while the defense budget was augmented. Musk’s proposed “America” group would likely draw support from Trump’s “MAGA” base, rather than from moderate Republicans and any Democrats. Whether Musk was more motivated by breaking up the political duopoly of the two major parties, or groups, to increase the practical options for voters or to split Trump’s support and punish the Republican party, such controversial political involvement by a major shareholder CEO is without doubt risky business. This is not to say that CEO’s should not be active politically apart from business strategy, for even business managers are citizens and thus may feel compelled to become active politically. This is to be lauded especially if the motive is out of duty to repair or otherwise improve a political system.

On the next working day after Musk’s announcement that he would be forming a new political party, “Tesla shares plunged nearly 7 percent . . . as investors registered dismay” at Musk’s “plans to form a third party and his intensifying feud with President Trump.”[1] Even though 7% is not exacting “plunging” or “crushing” Testa shares, beyond the hyperbole of journalists is the point that not avoiding controversy politically has costed Tesla and Musk himself financially. To be sure, billionaires can afford to lose significant wealth and still be left standing comfortably, and even in the case of business practitioners, economic reductionism doesn’t always hold. Also, political involvement can raise stock prices, as, for example, “Musk’s involvement in politics and his financial support for the president’s campaign were once seen by investors as a benefit to Tesla, fueling a steep rise in company shares after the election” in November, 2024.[2] No one but the most cynical would deny, however, that Musk’s chief motivation that led to his involvement in “DOGE” in the White House was for his businesses to benefit even though they did, initially. So that they took a hit when Musk broke from President Trump and then formed the America Party cannot be assessed only as concerns the financial impact on Tesla or SpaceX.

In American history, the notion that wealthy people should devote some time to public service for the benefit of the Union or their respective member-states was once well-known. Both because such people could afford financially to take time off from business and because their experience could be useful in governing, the notion of public duty was beneficial to the public good. Men like Thomas Jefferson and George Washington did not make public service into a career and did not go into politics primarily for its positive financial benefit. As a frustrated General dependent on the sovereign states whose delegates met in the Second Continental Congress, Washington would not have endured such hardships as he did were his motivation simply to benefit himself and his landholdings in Virginia financially. Even though Musk is by no stretch another Washington, more has been involved in Musk’s political motivation than maximizing Tesla’s stock price or gaining government contracts for SpaceX, and even getting back at Donald Trump. Government, moreover, is not just the aggregate of business interests without remainder.

Other billionaires might look to Musk’s example not in terms of his political ideology necessarily, but in terms of having enough financial cushion to weather political-turned-financial pushback from going beyond business to engage in public service—to give back, as it were, so to improve the system of government and add to the public good. It is admittedly very easy to be guided by personal and business financial considerations in delving into politics, whereas being willing to hold those at bay out of a sense of public duty is more difficult, and, frankly, increasing rare as American history has proceeded but not necessarily evolved politically. The notion that duty pertains to citizenship has become increasingly recessive in public discourse and consciousness. This is to say that duty-bound CEO’s are saints; rather, it is to say that we shouldn’t be so surprised when a billionaire businessman jumps into politics not merely for financial reasons, and thus not turn back to shore after a financial hit. Even if motivated by political ideology rather than in saving the union from itself (e.g., public debt), personal and business financial benefit is not the whole story, and the public good can still be a beneficiary. 

Mozi says, "'worthy people [are] those who are well versed in virtuous conduct, discriminating in discussion, and broadly knowledgeable!’ . . . . When the wealthy and eminent in the state heard this they retired and thought to themselves, ‘At first, we could rely on our wealth and eminence, but now the king promotes the righteous and does not turn away the poor and the humble. This being the case, we too must be righteous.'"[3]

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1. Jack Ewing, “Musk’s Idea of 3^rd Party Is Crushing Testla Shares,” The New York Times, July 8, 2025.

2. Ibid.

3. Philip J. Ivanhoe and Bryan W. Van Norden, ed.s, Readings in Classical Chinese Philosophy (New York: Seen Bridges Press, 2001), 58.

Nationalism at Eurovision: A Lack of Vision

The inherent retentiveness of conservatism benefits a society because it need not “reinvent the wheel” in “starting from scratch,” as resort can be made to customs that have been efficacious. Unfortunately, conservatism can easily be in denial as to the need for adaptation to changes whether in geopolitical institutions or in culture. The advent of the European Union as a federal system of dual-sovereignty has been easy fodder for conservatism’s proclivity of denial with regard to very new things. Eurovision, too, was an invention beyond even the European Union, and thus also of the post-World-War-II history of integration meant in part as a check on the full-blown nationalism that had twice decimated Europe in the twentieth century. So it is problematic that the EBU, the organization behind the Eurovision Song Contest, has made so many category mistakes involving Europe in favor of nationalism.

The full essay is at "Nationalism at Eurovision."