Is Germany Successful Thanks to Socialism?
- Not due to socialism, but thanks to Ludwig Erhard’s radical pro-market reforms, the modest monetary policy by the Bundesbank over decades, the internal devaluation of the 1990s, and the reforms of Gerhard Schröder and the Social Democrats in 2004, Germany is successful today.
- France's overall economy is struggling in recent years, as well. The unemployment rate is over 10 percent, and youth unemployment has been hovering at around 25 percent. In addition, left-leaning immigration laws have led to a huge influx of migrants, triggering anti-immigration protests.
I moved to the US 7 years ago from Finland
Debunking the Myth of Socialist “Success” in Scandinavia