Mar 1 β€’ 14:05 UTC πŸ‡©πŸ‡ͺ Germany FAZ

Industrial Policy: Germany Needs a State-Owned Company for Raw Materials

Two scientists argue that Germany should establish a state-owned company to ensure a reliable supply of raw materials amid shifting geopolitical realities.

The article discusses the pressing need for Germany to have a reliable supply of raw materials, highlighting a proposal by two scholars that the government should temporarily take charge of securing these resources. They suggest that, just as defense policies have evolved, so too must Germany's approach to raw materials in light of current geo-economic shifts. The authors express concern that despite advancements in its military capabilities, Germany has been virtually absent from the global mining and raw materials sector for decades.

The piece notes that the decision by Germany's resource-intensive industries to disengage from direct involvement in securing raw materials dates back to the fall of the Berlin Wall, when such concerns were deemed irrelevant. Subsequently, the article emphasizes the importance of re-evaluating this stance, considering that a reliable commodity supply chain is essential not only for economic stability but also for national security in a rapidly changing global landscape.

In essence, the authors argue that the government must step in to address these strategic gaps to ensure a sustainable future for the country. They underscore the concept that while industries can play a role, without government oversight and engagement, Germany may continue to face significant vulnerabilities in its resource supply, particularly in volatile geopolitical times.

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