Life and Business Transformations in Port Talbot One Year After Blast Furnace Closure
One year after Tata Steel shut down its blast furnaces in Port Talbot, the town has experienced significant changes in both environment and community life. Former steelworker Levi Roberts has transitioned from working at the steelworks to launching a pizza business, using his redundancy funds to inv... [More info]
🧵2️⃣ The article argues that Germany's long-standing work-based growth model is running into a demographic wall:
👵 Baby Boomers are retiring
👶 Younger generations are smaller
📉 Investment and productivity gains are stagnating
As a result, there’s rising pressure to increase working hours—but moral appeals alone won’t cut it.
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