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German culture and economy

German Culture and Economic system 1950 - present


#5

“Social market economy” means that there exists a free market economy that is very similar to capitalism in that individuals are free to set up their own businesses and capitalize on the market demand. ... This “social market economy is practiced in Post- war Germany. ... I think that during the initial post war period, America was highly influential both in terms of culture and economy. ...


The type of social market economy that Germany employs appears to have the best of capitalism and socialism. ...

German attitudes and practices of “welfare state capitalism” contrast with American ones in a way that I feel is more conscious and sympathetic. ... Yes, the economy benefits, and America will grow more and more powerful and get fatter and richer, but in proportion to this increase, there appears to be a decrease in cultural awareness, concern for elderly, and an educated society. ...

I think that the differences in the way German practices its “social market economy” and America are in degree, while the attitudes behind it are in kind. ... Hopefully, Germans learned the value of questioning authority, as evidenced by specific instructions for German soldiers to question and ultimately not follow inhumane orders. ... The Nazi rule must have also changed Germany’s self understanding in that they have realized that Jewish people are a part of Germany, that there is no need for a “pure, master race, and that a variety of people can only enrich the national culture. ...


#6 German culture is interesting because it has both absorbed and resisted the growing influence of American culture.

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Paper Information

Title: German culture and economy

Words: 1267
Rating: None
Pages: 5.1
submitted by: tfaulds

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