Bleipriester
Freedom!
- Nov 14, 2012
- 32,472
- 4,335
It is the result of pure capitalism.The glory of capitalismThe glory days of socialism.The GDR was one of the 10 wealthiest countries of the world.1. It spoke of reconciliation. A unification is unforeseeable for now.
2. West Germany destroyed the east´s economy, causing a sharp rise in unemployment. The east´s GNP has still not reached the GDR´s after 27 years of unification. All this while West Germans have to pay for the eastern cities and federal states that use it to decorate the cities and pay civil servants´ salaries.
Methinks 40 or so years of communist ineptitude did more to destroy the East German Economy.
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Wrong, what that looks like to me is not a failure of capitalism but instead the failure of local gov't. Most likely a gov't run by democrats. Capitalism offers prosperity, a lot more than any other economic model, but it does not guarantee it.