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Showing posts with the label "german capitalism"
"How  could Germany of all countries have become a paragon, politically stable and economically successful, of democratic capitalism in the 1970s – ‘Modell Deutschland’ – and later, in the 2000s, Europe’s uncontested economic and political superpower? Any explanation must have recourse to a Braudelian  longue durée , in which destruction can be progress – utter devastation turned into a lasting blessing – because capitalist progress  is  destruction, of a more or less creative sort. In 1945 unconditional surrender forced Germany, or what was left of its western part, into what Perry Anderson has called a ‘second round of capitalist transformation’ of the sort no other European country has ever had to undergo. Germany’s bout was a violent – sharp and short – push forward into social and economic ‘modernity’, driving it for ever from the halfway house of Weimar, in a painful dismantling of structures of political domination and social solidarity, feudal fetters which ...