Forum Post: How Germany Builds Twice as Many Cars as the U.S. While Paying Its Workers Twice as Much
Posted 1 year ago on Jan. 10, 2012, 6:48 p.m. EST by malikov
from Pasadena, CA
This content is user submitted and not an official statement
Mund points out that this goes
against all mainstream wisdom of the neo-liberals. We have strong unions, we have strong social security systems, we have high wages. So, if I believed what the neo-liberals are arguing, we would have to be bankrupt, but apparently this is not the case. Despite high wages . . . despite our possibility to influence companies, the economy is working well in Germany.
As Michael Maibach, president and chief executive of the European American Business Council, puts it, union-management relations in the U.S. are “adversarial,” whereas in Germany they’re “collaborative.”