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germany
Illusions of Decontrol
The myth of Germany’s “social market economy”
The founding myth of modern Germany can be traced back to June 20, 1948, when Ludwig Erhard, economic director of the Anglo-American occupation zone in Germany, created the Deutsche Mark. To stabilize the new currency, he paired the paper issue…
Mercantilist Deals of the Great Powers
Decoupling from China is an uphill task in both the global North and the global South
This is the twelfth edition of The Polycrisis newsletter, written by Kate Mackenzie and Tim Sahay. Subscribe here to get it in your inbox. The maiden flight of a new cargo route between Shenzhen and São Paulo took off on…
May 4, 2022
AnalysisWeimar Themes
Hilferding, Sohn-Rethel, and Hamilton
Putin’s invasion of Ukraine has flung the international order into crisis. Understanding the causes of such cataclysms requires understanding not only the interests of states, but also the shape of society—its internal tensions, as well as its material and cultural…
December 23, 2021
AnalysisStop, wait, go
Is Germany's new coalition government a return to the status quo?
The new coalition government in Germany, led by Social Democrat Olaf Scholz, is the first time that the SDP, the Greens, and the Liberals have joined together in a single government. The cooperation agreement, published on November 24, was the…
November 4, 2021
AnalysisNegotiations
The Federation of German Industries’ agenda in the formation of the new German federal government
The new German government will be called upon, at a highly critical time for the global and European economy, to draw up a new economic and political strategy not only for Germany but also for the EU/Eurozone. The outcome will…