Wolfgang Munchau

"Complexity is moving faster than our ability to build consensus," says Wolfgang Münchau at a dinner organised by his publisher, Jordi Nadal, in Barcelona. The author of Kaput. The end of the German miracle explains, a few days before the elections, how the German crisis has become structural due to the dominance of manufacturing companies that compete with each other and seek to optimize competitiveness by reducing costs. For the founder of Eurointelligence and former journalist of the Financial Times, the German economy has focused solely on competitiveness over innovation, without laying the foundations for the technology companies created in the 21st century. The European environment is hostile to companies and Münchau believes that regulation is suffocating artificial intelligence and data companies in the EU.

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