top | item 40111480

Why is Europe losing the productivity race?

1 points| adhamm | 1 year ago |diplomaticourier.com

3 comments

order
[+] goatsneez|1 year ago|reply
It is lost on me how can anyone produce such a piece of self-serving, fundamental reality disconnect. This is such a profound incompetent piece on the subject that one is left wondering whether it is just due to terminal case of ignorance, or pure propaganda/narrative intellectual verbiage. The very start would be to acknowledge depth and scale of tabu that this topic is enshrined in, its strength of a grip over EU institutions; that would be enough to even open this question to an honest analysis.

Whatever M. Draghi, or whoever else will propose will certainly not be anything that has a chance to relief the complete politic-economic paralysis that the EU is under (as the article self-servingly addresses)

[+] simonblack|1 year ago|reply
Europe lost its edge due to higher manufacturing costs in the form of more expensive energy since 2022.

Europe is no longer competitive in export markets. It is de-industrialising at a fast rate. No sales = no production = no money.

[+] RGamma|1 year ago|reply
Capitalism is a religion in the US and coerces the system into higher productivity at any spiritual cost.

Food deserts, homelessness crisis, opioid epidemic, high prison populations, piss bottle couriers, Trump, etc.

Also: unified market, single language, lower average age, unlimited space, higher natural resource consumption.