_ Because I scan several English language publications, I keep running across articles lamenting/criticizing the “German economic miracle”. Most writers, commentators, and politician do not understand this “phenomena”, especially those that hate to admit any form of German superiority (which suggests/confirms their own inferiority). These are the same countries that allowed their own industries/companies to ship jobs overseas to make greater profits to the detriment of their citizens/own economy.
What people fail to notice is that Germany companies suffer from some of the highest costs for labor in the world (wages, benefits, long vacations, etc.), yet still manage to do well. They continue to invest in plant and equipment, rather than extracting vast sums for owners. Managers earn decent salaries and bonuses, but are not paid outrageous sums for mediocre performance and raping of the economy. Perhaps, it helps that Germany never had colonies to plunder (unlike England or Spain, for example) and were forced to be ingenious, thrifty, and industrious. Those values are paying off, whereas other capitalist countries are suffering for the sins of their fathers and greedy company owners.
It’s easy to criticize other’s success, rather than to analyze one’s own failings. As always, the little guy suffers at the hands of politicians and the wealthy...
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Prior to writing novels, the author enjoyed a multifaceted career: from decorated combat aviator to advertising professional to global communications director of a major consumer brand. He has traveled the world and met sports, film and television stars, political leaders, and royalty. He graduated from Middlebury College, is married, lives in Germany, and has two grown children.