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The issue isn't about unions. In 2021, Germany was the third-largest exporter of iron and steel globally, with extreme levels of unionization had exports worth
by patrickhogan1 3y ago
The issue isn't about unions. In 2021, Germany was the third-largest exporter of iron and steel globally, with extreme levels of unionization had exports worth $32.8 billion. The real factor at play is mercantilism. Major steel-exporting nations, including China, often provide subsidies and protection for their steel industries.
Andy Grove said it best:
"All of us in business have a responsibility to maintain the industrial base on which we depend and the society whose adaptability—and stability—we may have taken for granted."