The European Union, self-destructing from years of unsustainable, socialist economic policies and hampered by the unworkable, politically-purposed Euro currency, is seeking ways to revive its member states’ economies. Aside from their favorite solution called “kicking the can down the road,” they at least occasionally know a good idea when they see one.
According to a leaked paper seen by news agency Reuters, the European Union is seeking to raise manufacturing output by asking companies to use new technologies. These technologies include 3D printing.
From the Reuters report:
The paper which outlines the bloc’s future industrial policy said the commission wants to raise manufacturing from 16 percent to 20 percent of EU GDP by 2020 using new techniques such as 3D printing which builds objects using instructions from a printer.
Enthusiasts for 3D printing say it will revolutionise manufacturing in electronics such as mobile phones and save millions in costs as it would be as cheap to produce one phone as it would be to make thousands.
To reverse such trends the Commission proposes non-binding targets for manufacturing and investment, both public and private.
The European commissioner in charge of industrial policy Antonio Tajani will launch the new proposals on Wednesday.
The policy will also promote green vehicles, smart grids, sustainable construction materials, and so-called key enabling technologies which include nanotechnology and photonics.
If governments would just stop involving things like “green vehicles, smart grids, sustainable construction materials” in economic policy, economies would be much stronger. Reminds me of the folly we’re going through in the United States right now with billions of taxpayer dollars wasted on unsustainable companies like failed solar company Solyndra and impractical, ridiculously expensive things like bullet trains in California, just because they are “green.” Aw well, I’m just one capitalist voice in the wilderness. But, hey, I am thrilled to see 3D printing making such an impact around the world.