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It doesn't have to be just sustainable, it has to be competitive. Companies can just decide invest into automation instead, or close shop and move production to
by gridlockd 6y ago
It doesn't have to be just sustainable, it has to be competitive. Companies can just decide invest into automation instead, or close shop and move production to other countries.
Germany is a relatively low-wage country considering its productivity, but also its factories are highly automated. If these variables change, production will continue to move to cheaper European countries, just like US production moves to Mexico.
- JetSpiegel 6y ago> It doesn't have to be just sustainable, it has to be competitive. Tax the shit out of companies that pull these kind of stunts to skirt the law. Tariff their products at the border. If those countries are on the EU, Germany can use its clout to "force" these kind of rules on other countries. This soft power is real, as seen in Greece in 2013. If the Visegrad countries complain, kick Hungary out of the EU for their rule-of-law violations, it's only several years out of date. Most of this could fit under the "COVID" umbrella.