re: the crisis of the Mittelstand in competing VS China, I'm reminded of this tweet. It's a fictitious illustrative case not a serious study but I think it describes some of the root challenges of western industrial culture when it comes to competing against China

https://x.com/AngelicaOung/status/1921364873444986888

> Advancing the precedent set by Alfred, generations of Krupps would continue to develop the region through various private and public works, for almost a century into the 1920s. > > With their basic needs addressed and the workforce inculcated with the “Kruppianer spirit,” the firm crossed the fifth ring. They forged an empire that, by the late 1950s,

<insert Goose meme> “What did Krupp make in the 1930s?”

This was kind of an interesting article but could have been a great deal shorter and wasn’t particularly insightful.