Opportunities are wider. We expect to draw creative talent out of all sections of society. Not just from a narrow strata. We increasingly expect education to be able to help everybody become more creative in their lives. The spotlight is on education and training for good reason.
Capital is mobile worldwide.
So is technology. Labour is not. To a large degree it is the skills and abilities of the resident population that determines whether a country climbs high on the ladder of economic development. Europe has been slow to learn this lesson. We have relied too heavily on past investments in two areas of our lives.