I think it will take way more than political will.
The USA is enjoying the wealth they gained in both world wars and they also kept their defacto colonies in the South America and Pacific.
Europeans destroyed their wealth in the world wars and they lost their colonies. Of course the end of the colonialism has ended some of the human suffering but it has a cold-hearted economic impact.
The American venture capitalists are all coming from the industries that got stronger at and after the world wars. They invested silicon and then the tech industries that built the wealth exponentially. The Europeans had to rebuild their countries until 70s and the investments they made are smaller. Similarly the US spent its government money to nuclear and space programs that further strengthened the economy. EU spent its surplus to improve post-Soviet countries which may or may not pay dividends in the future.
It may require significant reallocation of resources from certain places to tech. It may require diverting the resources spent on old pensioners who are the biggest voting block. It is not a simple lack of political will. It requires reshaping a century of decisions.
The USA is enjoying the wealth they gained in both world wars and they also kept their defacto colonies in the South America and Pacific.
Europeans destroyed their wealth in the world wars and they lost their colonies. Of course the end of the colonialism has ended some of the human suffering but it has a cold-hearted economic impact.
The American venture capitalists are all coming from the industries that got stronger at and after the world wars. They invested silicon and then the tech industries that built the wealth exponentially. The Europeans had to rebuild their countries until 70s and the investments they made are smaller. Similarly the US spent its government money to nuclear and space programs that further strengthened the economy. EU spent its surplus to improve post-Soviet countries which may or may not pay dividends in the future.
It may require significant reallocation of resources from certain places to tech. It may require diverting the resources spent on old pensioners who are the biggest voting block. It is not a simple lack of political will. It requires reshaping a century of decisions.