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Mariana Mazzucato, Economist: “Europe Must Reimagine Its Industrial Policy and Lose Chronic Fear of the Deficit”

Summary by El Pais
In a world shaken by Donald Trump’s return to the White House and his renewed tariff crusade against half a planet, Italian-American economist Mariana Mazzucato does not lose sight of the essentials: industrial policy cannot be reduced to a battle of subsidies, taxes or a war of percentages in defense. “What Trump is doing right now is not an industrial strategy, it is its destruction. It is destroying all the advances made by the U.S. president…

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In a world shaken by Donald Trump’s return to the White House and his renewed tariff crusade against half a planet, Italian-American economist Mariana Mazzucato does not lose sight of the essentials: industrial policy cannot be reduced to a battle of subsidies, taxes or a war of percentages in defense. “What Trump is doing right now is not an industrial strategy, it is its destruction. It is destroying all the advances made by the U.S. president…

·Spain
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El Pais broke the news in Spain on Saturday, June 7, 2025.
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