While I love the theoretical idea of direct democracy, the EU is supposed to address high level issue with generic directive.
So complex laws on complex topics. Do you know the details of directives like reach? (and typical lemmy audience has more chance to understand REACH over finance) Do you know the details about every chemical substance allowed/banned? Even good faith politicians end up believing lobbyists, imagine a regural person without a team of assistant
Direct democracy is great, but the EU is a too generic level for it to work
Most of the rich cannot just move to a tax haven. Sure someone who inherited multi-generational wealth can hide it in the Caiman island.
But if you own a canned tomato factory, or even if you’re a business consultant, you get rich because of very local things, and can’t easily move-it away.