Originally posted in German at Makroskop
Translated and edited by BRAVE NEW EUROPE
It is astonishing that people in Western Europe rarely speak about the countries that stumbled into a new economic system after the fall of the Berlin Wall and have since been swimming in the great European economic stream in very different ways and with varying degrees of success. …
The market economy, fair wages, and poverty in rich Germany
By Heiner Flassbeck
Food banks are currently a popular topic in Germany. Hardly anyone asks, however, why there are so many people in a rich nation like Germany who depend on them. …
Heiner Flassbeck gave an interview to the Real News network yesterday. What is Trump up to now again? Understandably, many Americans (and others) are anxious about Trump raising tariffs on steel and aluminium. Flassbeck first relatives the impact of Trump’s measure and he goes on to propose a framework to make ’free’ trade work for everyone involved. …
