Filed in archive
Global Economy
by tj on February 25, 2005
This Forbes article on Germany's state of economy is harsh but honestly there is not much to disagree with:
"Germany's Acute sense of failure and unhappiness. This is a collective psychological depression that effectively prevents Germany from taking action to remedy its ills. The Germans agree they're in a mess, and many see the obvious way out. The country needs to make the kinds of structural changes in its economy that Prime Minister Thatcher carried out in Britian 20 years ago, changes that have completely transformed the performance and expectations of the British people. But though most Germans know this, they lack the will--and, of course, the leadership--to carry it out. They stay inert, supine, transfixed by fear and angst, paralyzed by the thought of painful adjustments in their safety-first society--and thus coast toward a disaster comparable to Hitlerism."What is always surprising for me is this abundance with highly skilled people here and this strong resistance to change and decision not to use the skills effectively. Never really found out what's the reason for it...
Permalink: what's wrong with Germany?
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/5160
Mr Wong
Vote for what's wrong with Germany?:
|
Rating: 8.50 out of 4 vote(s) cast.
|
Response from:
Lukas
(03/03/05 3:22am)
Part of the problem is the way the government is structured. After WWII the allies set up a democracy for Germany that would prevent anyone person from ever getting as much power as Hitler had. It was a gov based on broad consensus, much more so than the US is, or any other place. True political power lies with the individuals 'Bundeslaender' or states. Enacting any change, especially one that might be unpopular with a large chunk of the population, thus requires the consensus of many heads. That is part of the reason why the Germans are where they are...
Subscribe
Use the search to look for other interesting posts
| RSS | See all blog subscribe options |
|
What is RSS? | |
| Yahoo! |
|
| Addthis |
|
| Bloglines |
|
| Newsletter | |
| Follow us on Twitter! |
















