Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-26-Speech-1-037-000"

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"Madam President, the European Union is living with the failure of the Lisbon Strategy, which was supposed to have made Europe the most competitive and active knowledge-based economy in the world by 2010. However, instead of Europe putting the objectives of the Lisbon Strategy into practice, it is China that is doing so. In 2010, China’s public and private expenditure on research and development caught up with that of the European Union. In the very near future, China will have more engineers and researchers than the United States and the EU put together. Against this very worrying backdrop, Europe’s aerospace industry is the only sector that is still holding out, because France, Germany and Spain acted responsibly in this area, even though it was not easy for them, by investing in the long term and by not sticking to dogma on free, fair competition. It is true that Europe’s failure to do enough in the area of research is one of the causes of deindustrialisation in some parts of the EU. Whilst this report shows an element of lucidity, it falls far short of what it ought to be, especially in terms of its diagnosis of the causes of this alarming situation and the solutions it suggests. The crux of the problem is the lack of public investment in research, and the fact that it is subordinated to the financial markets’ aims and funding. It is also the fact that young researchers and engineers are in an insecure position and poorly paid, whilst parasitic financial professions, such as traders, earn scandalously high salaries, which amount to a reward for bad behaviour. Lastly, it is Europe’s failure to invest in developing a mass scientific and technical culture from the earliest age. It is becoming a matter of urgency for us to work towards incorporating know-how and knowledge as mainstream issues in society."@en1
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