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"Mario Draghi’s Report Is Far Short of What Europeans Need"
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"The report, titled 'The Future of European Competitiveness', presents a bleak picture of Europe's economic decline, citing stagnating investment, aging industrial base, and dependence on foreign energy imports. Draghi calls for common borrowing, annual investment in 'public goods' and green technologies, and a shift from austerity to stimulus spending. However, the report's proposals face significant political and economic hurdles, including opposition from Germany and other fiscally conservative member states."
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"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqcxwturs6tupm30z8m5rtdgtm7srx3yxq0cgyqvyc7vzwhrtehq8qntej22\nhttps://images.jacobinmag.com/wp-content/uploads/2024/11/09162515/GettyImages-2182924089-900x600.jpg\nWill Donald Trump’s reelection be the prod the European Union (EU) needs to start getting its act together? Can the twenty-seven-nation bloc articulate a common industrial policy that protects workers and average citizens from the perils of globalization — and the lure of the far right? There are reasons to be skeptical, not least given [\u0026hellip;]\nhttps://jacobin.com/2024/11/mario-draghi-eu-industrial-policy/",
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