Europe is undergoing a significant political shift towards military rearmament and industrial restructuring. The continent is preparing for a substantial economic and geopolitical transformation with the implementation of massive military spending plans. The figures discussed in Berlin point to a new wave of military Keynesianism that will reconfigure the global economy and politics.
"It is becoming increasingly evident to everyone that defense spending is the way to compensate for job losses in the automotive industry," said economist Holger Schmieding. Massive investments in national defense and infrastructure reconstruction are proposed in countries like Germany and Italy, incorporating the automotive industry into weapons production.
In response to an uncertain international scenario led by the United States and Russia, the European Union has presented a "Plan to Arm Europe" worth 800 billion euros. This plan aims to increase the EU's average military budget by 1.5 percentage points of GDP over the next four years, involving funds in air defense, artillery, and drone technology.
Europe is entering a situation similar to that of the United States in 1939, when defense spending was prioritized to address international challenges. Exorbitant investment figures are being raised to strengthen security and the arms industry in a Europe that seeks to strategically position itself against potential threats.
European military rearmament also seeks to boost economic growth and strengthen the continent's collective defense capacity. The automotive industry is involved in weapon production, following a historical model of technological innovation through cooperation with the military sector.
Europe is preparing for a significant change in its economic and geopolitical landscape through massive investments in defense and industrial restructuring. Military reactivation is presented as an opportunity to revitalize the European economy and strengthen the continent's position against international challenges.
