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Europe faces ‘competitiveness crisis’ as US widens productivity gap [ft.com] (archive.ph)

submitted 8 months ago by [email protected] to c/[email protected]

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Original link https://www.ft.com/content/22089f01-8468-4905-8e36-fd35d2b2293e

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[–] [email protected] 14 points 8 months ago

this assumes that:

dependence is inevitable if Europe is not the most competitive.
that economic competitiveness had anything to do with natural gas imports.
that our economic system and its basic dynamics are unchangeable.
that our needs are unchangeable.

the natural gas situation wouldn't have been avoided if Europe were more 'competitive'; neither would any other geopolitical situation. instead the EU should have — and is currently — diversifying its domestic energy sources. the EU could also work on energy coöperation and reducing energy usage.

interdependence works for everyone. independence is a destructive mindset.