Is Null gonna reverse his ancestor's migration to the US and move back to Italy?
Italy is now Europe's most backward country – Britain is a close second
You won’t be allowed to use ChatGPT to improve your productivity or create new products. You won’t be allowed to develop lab-grown meat. And there will be fines for any companies that dare to use English words to improve their marketing, or reach new territories.
Italy has long been a country that preserves its past and reveres its traditions, but over the last few weeks this admirable quality has taken on sinister new overtones.
Rome is turning its back on modernity, clamping down on new technologies with a ferocity that is unprecedented in the developed world.
...
It doesn't stop there. The government is backing a draft law that would ban lab-grown meat, with heavy fines slapped on anyone trying to cultivate alternative proteins. Agriculture Minister Francesco Lollobrigida argued that "Laboratory products do not guarantee... the protection of the Italian food and wine culture and tradition".
While Britons agonise over what it means to be British, the Italians feel no such confusion: the core of the identity apparently consists of killing pigs and turning them into parma ham.
Another bill tabled by Meloni's party plans to slap €100,000 fines on companies using foreign words in official communications. As it happens, the primary target of the bill's ire is "Anglomania" -- the use of English words, which "demeans and mortifies" Italian.
...
Its economy is one of the most closed, and restricted, in the world, and it has barely grown in real terms since the start of the 21st century; from 2000 to 2019, measured in constant dollar terms, Italy eked out a miserable 4 per cent in GDP growth, compared with 27 per cent for Germany and 36 per cent for Spain.
...
Both are rapidly ageing, with only very high levels of immigration plugging the gaps in the labour force, and both are suffering from an exodus of young talent, with the smartest graduates increasingly making their careers abroad.
In both, the stock market doesn’t ever really rise, because there are so few dynamic new companies. And, when you add all that up, both are stuck in a zero growth trap. Italy has been there for twenty years, and we have joined them.
Luddism is an inevitable feature of politically stuck, zero growth economies. People become more and more afraid of change for one simple reason. They are fearful of their jobs, and they assume that new technologies will take away their livelihood instead of opening up new opportunities, or creating space for new companies to emerge.
They cling onto a shrinking pie because they have never seen what a growing one looks like, and they no longer believe they can benefit from it. This tendency is increasingly visible in Britain, where politicians appear eager to tax anything that moves to fund redistribution and public services.
![]()
Italy is now Europe's most backward country – Britain is a close second
You won’t be allowed to use ChatGPT to improve your productivity or create new products. You won’t be allowed to develop lab-grown meat. And there will be fines for any companies that dare to use English words to improve their marketing, or reach new territories.finance.yahoo.com