The EU could lose 300,000 industrial jobs due to competition from China
Eurometal forecasts the loss of 300,000 manufacturing jobs by the end of 2026 due to intensifying competition from China, which currently has a record trade surplus with the bloc of €1 billion per day.
https://unn.ua/en/news/the-eu-could-lose-300000-industrial-jobs-due-to-competition-from-chinaOpen linkView original on lemmy.zip
3 replies
A great time to think about changing how human economy works. How to enable humans to have great living, while respecting planetary boundaries and allowing advanced automation, so the need for for human work in significantly diminished?
That would imply that productivity gains aren't to be hoarded by the wealthy but instead are distributed between all workers not matter if Western or Chinese. An idea neither elite in West or East are fond off and will fight aganinst till their last breath.
Sound like socialism and it is okay untill transform into communism. The worst is that people always find a way to broke every utopia, even if it was designed to actually make their life better