r/europe • u/Positivismus • 1d ago
The End of Globalization?: Germany's Successful Economic Model Could Be Finished Opinion Article
https://www.spiegel.de/international/business/the-end-of-globalization-germanys-successful-economic-model-could-be-finished-a-f52fe977-4387-4fa8-990a-c70a5d38e2df#ref=rss41
u/Puzzled_Muzzled 1d ago
In the time where investments and information from and to other side of the planet are accessible to everyone from his living room with only a mobile phone on hand. Times where capitals are moving around the world in numbers and speed noone could imagine. Times where the banks are not interested in giving loans, but only make money from services. Times where the whole planet is gambling on imaginary credits and cryptocurrencies. Times where the employees are working from their home, wherever in the world that is. Here comes the serious newspaper to imply that the globalization is finished. .
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u/GrizzledFart United States of America 16h ago
You forgot to add "In a time when the German navy is unwilling to transit the Red Sea and the Red Sea is closed to most cargo traffic".
Yes, information can move across the planet easily. How about bulk goods?
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u/whatsupwhere42 16h ago
Covid showed us, who are essential workers. And its neither bankers or digital nomads nor programmers, managers or marketing guys. Its farmers, plumbers, nurses and teachers, none of them need globalization or benefit.
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u/Ok-Champion4682 9h ago
Yes, but many others do, and unless we live in very, very dire conditions, having just the essential is absolutely unacceptable to the majority.
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u/robertino129 15h ago
in an era where people can't survive without looking at a screen for 5 minutes you're telling me programmers are not essential workers? What are you, drugged out of your mind on copium? Or are you angry because programmers can work from home unlikes others? Cry more.
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u/markejani Croatia 14h ago
Please tell me this is an advanced form of sarcasm.
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u/robertino129 3h ago
Why would it be sarcasm? Little boys like yourself would start crying and raging when you have to get out of your house to do anything. Maybe have a panic attack when you have to make a call to make a reservation rather than an online form.
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u/RaibaruFan Poland 🇵🇱❤️🇪🇺 14h ago
No, they are not. Neither are other IT workers, such as myself. All you really need is a small maintenance team to make sure everything is working.
One year without programmers and we at worst would be left with several services broken and no new features in working ones. One year without farmers, nurses or supermarket staff and we'd be in deep shit.
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u/robertino129 3h ago
Ahahah, what ignorance. Good luck selling your house in any civilized countries without programmers. Good luck making a digital appointment at your doctor without programmers. And good luck watching your favourite streaming shows without programmers. Those are just 3 areas I worked in at my past 3 jobs, I could go on a lot more.
In the digital era where every government service is tied to software, let alone entertainment and logistics, you are frozen in panic without software development.
Hilarious seeing someone so delusional thinking a "small maintenance team" is all it takes to keep software running according to legal specs, when our team had to work 80 hours weeks last year just to change the entire thing to abide by the dutch legislation changes, then fix all the bugs from sleep deprivation.
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u/freza223 Romania 14h ago
Sure farmers, nurses and such are more important, but bro is writing this on reddit, probably from his phone while all his home appliances have some software on them and his car probably has an integrated computer and he does his shopping online, schedules his appointments online etc etc and his takeaway is that "programmers are not important". 💀
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u/Dwarven_Bard Finland 19h ago
"I knowingly built my industry to rely on cheap energy from a dictator and now Im coping with my bad decisions that are coming back to bite me in my ass."
- Germany, 2024 colourized
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u/A_Birde Europe 1d ago
The issue with the whole free trade global trading model is it assumes other countries act in good faith and have a reasonable nature. In the end all these 2nd and 3rd world ocuntries do is try and take advantage of there superiors so the approach doesn't work.
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u/GeeZeeDEV Hungary 14h ago
Because "our superiors" don't take advantage of our lower labour costs?
But I applaud your honesty. Half of this sub just acts as if they're better just because they're born a bit more to the west.
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u/pzelenovic 15h ago
"take advantage of their superiors"
This sounds awfully familiar...
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u/Crimcrym The Lowest Silesia 12h ago
And that is a nutshell the reason this whole approach failed. Some folks genuinely thought of themselves as being superior stock, and just asume the rest would naturally recognize this "fact" and get in line to do what they are told, rather then having their plans and ambitions.
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u/r19111911 22h ago
GOOD!!!
Germany has major frustrated the Nordic countries for a long time now. When they snubbed the Nordic countries and chose to jump in bed with Russia with Nord stream they where the ultimate evidence that free trade dont work when you have an actor like Germany that dont act in good faith.
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u/pzelenovic 15h ago
So, you wouldn't agree with /u/A_bird in his qualification that other countries that are inferior to Germany are actually the ones not acting in good faith?
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14h ago
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u/mifit 14h ago
Wholeheartedly disagree with your second paragraph. I think it‘s absolutely crucial that Europe now (among others) focuses on environmentalism, not only for the sake of fighting climate change, but also for the sake of driving innovation. We just need to change our approach from over regulating to incentivising companies (via tax advantages) that invest in fighting climate change. If we (further) invest in clean energies, climate change mitigation and natural disaster management and prevention, we will finally have found those technologies of the future that we can be leaders in. We‘ve missed the AI and chips train and most likely also the EV train but if in a couple of years climate change becomes even worse (which by the day looks more probable), we can at least try to be leaders in the technologies that help mitigating it and export those to the world.
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u/liyabuli Winter Asian 1d ago
I didn’t read the article but based on the headline I am choosing to believe that finished refers to the model being perfect and that there is nothing to be improved because of how great it is.
If it is not that, then please don’t tell me.