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If anything the last year has shown that the economy is more reconfigurable than what was previously thought. Meanwhile, new green-dealers are promoting moving
by 0xfaded 6y ago
If anything the last year has shown that the economy is more reconfigurable than what was previously thought. Meanwhile, new green-dealers are promoting moving manufacturing back to Europe to deal with the climate crisis.
One solution is to use the ECB to print money, which is fine so long as the new money is used to build public assets and the majority of the new money is absorbed by labor. The core competency of EU innovation programs is micromanaging hourly expenditures. I'm sure some of that machinery could be moved over to building public assets in a way that doesn't overly enrich the holders of capital.