Where is Europe, whose population is disappearing, going to find the bodies, the willing bodies, for massive “reindustrialization”.
Besides, I think the German’s in particular would dispute the notion that THEY have “deindustrialized”. If places like Greece want to “reindustrialize” they can change laws, taxes, regulations and labor rates that will tell capital investors they are again a good place to invest. For some time, those conditions in Greece have been signaling to too many Greeks themselves that they ought to invest elsewhere. Theological institutions should stick to theology.
"Global world"? Who knew?
This article states a noble, yet inarticulate, ideal. Yes. US and Europe should start making things again. But can the goal be taken seriously without addressing the problem of the high union wages and benefits which drove the industries overseas in the first place?
Does anybody really think "ah, we need more industry over here; oh waiter! I'll have an order of industry and a side of mining", is all that is needed here?
Once, a long time ago it is told, that a bunch of mice got together and decided to hang a bell around the cats neck...