Kaput: The End of the German Miracle

by Wolfgang Münchau

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Until recently, Germany appeared to be a paragon of economic and political success. Angela Merkel was widely seen as the true 'leader of the free world', and Germany's export-driven economic model seemed to deliver prosperity. But recent events - from Germany's dependence on Russian gas to its car industry's delays in the race to electric - have undermined this view. In Kaput, Wolfgang Munchau argues that the weaknesses of Germany's economy have, in fact, been brewing for decades. The show more neo-mercantilist policies of the German state, driven by close connections between the country's industrial and political elite, have left Germany technologically behind over-reliant on authoritarian Russia and China - and with little sign of being able to adapt to the digital realities of the 21st century. It is an essential read for anyone interested in the future of Europe's biggest economy. show less

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1 review
RN The Money 21:11:24
Kaput: The end of the German miracle to be published in Australia by Allen and Unwin on 4 Feb. 2025.
A cultural thing
Germans call the service industry “tertiary”
“An electric car is an iPad on wheels”,:. said Wolfgang Munchau.
Supply chain - just in time worked for Germany until it didn’t
The the war in Ukraine with the increase in electricity source and cost.
The EU recession (?)
was good for Germany as Germany xxx?z
Xxx with the smaller EU countries
{I don’t understand this 26:11:24 ???}

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5 Works 87 Members

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Genres
Economics, Nonfiction, Politics and Government, General Nonfiction, History, Business
DDC/MDS
943.0883History & geographyHistory of EuropeCentral Europe: Germany, Austria, Switzerland, Czech, Poland, HungaryHistorical periods of GermanyGermany 1866-Reunification 1990-2005- (Merkel)
LCC
HC286.8 .M86Social sciencesEconomic history and conditionsEconomic history and conditionsBy region or country
BISAC

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7
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3