Industry in the heart of a new growth

Philippe HERZOG Founding President of Confrontations Europe [vc_btn title= »Download PDF » style= »outline » color= »blue » align= »right » i_icon_fontawesome= »fa fa-file-pdf-o » add_icon= »true » link= »url:http%3A%2F%2Fprod.confrontations.org%2Fwp-content%2Fuploads%2F2016%2F04%2FRevue-98-Complete-ENG-Six-pillars-and-25-proposals-by-Philippe-HERZOG.pdf||target:%20_blank »] In Europe, this spring of 2012 is marked by recession, rising unemployment, national unrest and anxious politicians. “We need growth”, they say. But how are they, and how are we going to create it? The European crisis is a major crisis of private and public debt indissociable from the type of growth it has financed, focused on consumerism and the accumulation of wealth. The debts left behind and the obvious lack of preparation today weigh like lead on our efforts to build new growth.  All we hear is (albeit important) talk of how far-reaching our austerity plans should be, when instead we should be actively working to increase and unite our efforts to create growth fuelled by a new industry. To meet demand, some may be tempted to kick-start the economy through consumption,