though, with a suitable focus on the applied science universities (where you have to work at least 1/7 of your education in a suitable position) and dual study

though, with a suitable focus on the applied science universities (where you have to work at least 1/7 of your education in a suitable position) and dual study programs, I think, we could avoid the worst (and are I actually think). I think some of the commerce chambers/etc. have brought this onto themselves by pushing the advantage of their paying members who have effectively turned most trades and crafts into guilds, where your only chance at getting a good job (aka being self employed) is inheriting machines and the company rolodex. [And no, you generally can't pull it off on your own, because you have to actually pay for studying to be allowed to open a business, so you are 30 years old, have no money and have to get a 200k loan for your non-hyperscaling business, while you have to pay rent or want to buy a house] Capitalism solves the resulting supply shortage of "qualified" plumbers, carpenters et. al. by providing cheap, eastern european, DIY-style "I can do everything"-craftsmen (actually, my grandfathers both had similar sidegigs (ok, one built his and his friend's homes with them) during the "Wirtschaftswunder" and retired). Nearly everyone who is sufficiently intelligent to pass the necessary exams then moves to university to study in the hope to get a "nice, comfortable" job. Even if they really liked their vocation. But working your ass off in the lower 10%-income bracket, while your boss buys a Porsche a year from profits you earned in a 5-person company he inherited from his father kind of sucks.