Can Europe’s Manufacturing Be Reborn From Its Ashes?
“The government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” –Ronald Reagan.
Now that the delusion of a highly advanced, post-industrial service economy is slowly revealed to be a pipe dream in the US, American startups are seizing the opportunity to rebuild a stronger manufacturing base. Europe’s manufacturing industry may appear healthier due to its relative size advantage, but in reality, it is in worse condition. Can European founders rebuild Europe’s manufacturing from its ashes and avoid getting entrapped in Europe’s web of bureaucracy? Manufacturing in the Ashes The dominant Western European economic order of the last few decades is breaking down and the…
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