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Kaput

The End of the German Miracle

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Kaput

By: Wolfgang Münchau
Narrated by: Mark Elstob
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About this listen

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 Münchau argues that the weaknesses of Germany's economy have, in fact, been brewing for decades. The 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.

©2024 Wolfgang Münchau (P)2024 Swift Press Audio Germany Politics & Government Military
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Profile Image for David Lowe

A clear and compelling view of Germany's structural economic issues

Concisely written and highlights a range of problems in many areas - geopolitical, political, energy, banking, industry, labour, digitalisation and education.

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Profile Image for Dan Arnum Hansen

A praise for hyper-capitalism

He’s got some valid points, but his diagnosis is fundamentally wrong. The European elites have failed but don’t blame the so called “far right”. The UK and the US can hardly be seen as models.

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