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Europe has paid a high price for neglecting its manufacturing base. Asking it to do the impossible, producing at chinese prices under heavy regulation and high
by oldfashioned1 3y ago
Europe has paid a high price for neglecting its manufacturing base. Asking it to do the impossible, producing at chinese prices under heavy regulation and high salaries.
- mahesh_rm 3y agoAllegedly, Europe has paid a high price for not being able to enforce a strong cooperation between Military/Government and the Tech Industry, as the US and Silicon Valley, indeed, did. https://www.npr.org/2019/11/07/776834206/the-mysterious-affair-at-olivetti-attempts-to-find-a-cold-war-conspiracy https://www.npr.org/2019/11/07/776834206/the-mysterious-affa...
- KineticLensman 3y agoThe big difference is that Europe is a collection of independent national governments, many of which were/are keen to independently support their own distinct domestic tech industries. The EU doesn't run the sort of big projects that dole out large amounts of govt money to tech, particularly in defence, which is notoriously partisan. France, Germany, Italy and the UK are all separately in the world top-ten defence exporters chart.
- nextos 3y agoActually UK, France, Italy, Germany, UK, Spain, and Poland are in the top 10: https://en.wikipedia.org/wiki/Arms_industry#World's_largest_arms_exporters https://en.wikipedia.org/wiki/Arms_industry#World's_largest_... The problem is collaboration. Too much fragmentation and piles of bureaucracy.
- nr2x 3y agoif they applied same regulations to imports they'd be smart, instead they hobbled themselves, made a lot of grand gestures, but made no contribution to sustainability as they just outsourced the dirty work to former colonies. typical eu.