Economy of Germany Quotes

“We are putting all our weapons on the table to show that we (Germany) are strong enough to overcome any economic challenge that this (COVID-19) problem might pose.”

“Europe’s once formidable industrial base has eroded in large part due to the ever rising burden of regulation. Germany’s economy, the most powerful economy in the EU, is barely the size of that of California.”

“Freedom is the very essence of our economy and society. Without freedom the human mind is prevented from unleashing its creative force. But what is also clear is that this freedom does not stand alone. It is freedom in responsibility and freedom to exercise responsibility.”

“We are bound together, too, by the economic factors that two great and productive peoples have produced in our two countries. And we know that a strong and productive German economy is essential for a strong free world economy, just as is a strong economy in the United States.”

“[if Beijing] tightens international production chains' dependence on China, [Berlin will] dismantle one-sided dependencies [where needed. German manufacturers are already sourcing] important raw materials, some rare earths or certain cutting-edge technologies [from other partners].”

“Liberalism was failing. If I'd been German and not a Jew, I could see I might have become a Nazi, a German nationalist. I could see how they'd become passionate about saving the nation. It was a time when you didn't believe there was a future unless the world was fundamentally transformed.”

“In the long run the [Nazi] movement was moving to a position in which the economic New Order would be controlled by the Party through a bureaucratic apparatus staffed by technical experts and dominated by political interests, not unlike the system that had already been built up in the Soviet Union.”

“The odd thing about modern Europe is that, if you look at the borders, you might think that Germany had won the First World War... The European Union and the old Soviet states are associated with a Europe that feels as if it is run from Berlin. From Scandinavia to Turkey, lorries trundle back and forth with German industrial goods; the euro is mainly German, the Deutsche Bank dominates the eurozone.”

“Let us...take the most concrete example of state capitalism...It is Germany. Here we have the 'last word' in modern, large-scale capitalist engineering and planned organization, subordinated to Junker-bourgeois imperialism. Cross out the words in italics and [substitute] a Soviet state, that is, a proletarian state, and you will have the sum total of the conditions necessary for socialism.”

“During the Third Reich state ownership expanded into the productive sectors, based on the strategic industries, aviation, aluminium, synthetic oil and rubber, chemicals, iron and steel, and army equipment. Government finances for state-owned enterprises rose from RM 4,000m in 1933 to RM 16,000m 10 years later; the capital assets of state-owned industry doubled during the same period; the number of state-owned firms topped 500.”

“If maps were shaded like balance sheets, the bottom part of mainland Europe would be deepest red. Italy, Spain and Portugal are heavily in debt. They are also Catholic countries. Their predominantly Protestant neighbours to the north, including Germany and Scandinavia, are in comparatively good shape financially. Is that simply a coincidence, or is Max Weber's theory about the Protestant ethic being intertwined with the spirit of capitalism still valid, over 100 years on?”

“National Socialism is a form of Socialism, is emphatically revolutionary, does crush the property owner as surely as it crushes the worker. The two regimes, having started from opposite ends, are rapidly evolving towards the same system—a form of oligarchical collectivism. . . . It is Germany that is moving towards Russia, rather than the other way about. It is therefore nonsense to talk about Germany ‘going Bolshevik’ if Hitler falls. Germany is going Bolshevik because of Hitler and not in spite of him.”

“Buried under mountains of red tape, directed by the State as to what they could produce, how much and at what price, burdened by increasing taxation and milked by steep and never ending 'special contributions' to the party, the businessmen, who had to welcome Hitler's regime so enthusiastically because they expected it to destroy organized labor and allow an entrepreneur to practice untrammeled free enterprise, became greatly disillusioned... Fritz Thyssen, one of the earliest and biggest contributors to the party,... recognized that the 'Nazi regime has ruined German industry.'”

“The left's pessimism about the possibility of implementing social reform at home without the help of the EU fused with a progressive vision of internationalism and unity, one that had emerged from the rubble of fascism and genocidal war. It is perhaps this feelgood halo that has been extinguished by a country the EU has driven into an economic collapse unseen since America’s great depression. It was German and French banks who recklessly lent to Greece that have benefited from bailouts, not the Greek economy. The destruction of Greece’s national sovereignty was achieved by economic strangulation, [...] this was all about crushing a rebellion.”

“[The effect of the Suez Crisis on the French was quite different.] We turned across the Atlantic. They turned across the Rhine, and Europe was built without us. There is room for argument about the causes of what followed. There is no doubt about what happened. Over the first 13 years of the [European] Community's life national income per head increased by 72 per cent in the Six and by 35 per cent in Britain. The result was that from being almost the richest country in Western Europe we became one of the poorest. France for the first time since the industrial revolution surpassed us in economic strength. The German economy achieved nearly twice our weight.”

“The sharp down-turn in the European economy in the 1870s had produced in most advanced economies save Britain a 'return to protection', marked especially by Bismarck's split with the Liberals, his imposition of protective tariffs in 1879, and the development in the Second Reich of a political economy of cartelization married to harrying the trade unions and suppressing the S.P.D. For those who wished an alternative to the British liberal state, here was one, with all its implications and consequences. Few, of course, advocated out-and-out Germanization, but increasingly Germany was coming to be regarded as the alternative model, the seed-bed for the future.”

“The composition of Unilever should serve as a warning that colonialism was not simply a matter of ties between a given colony and its mother country, but between colonies on the one hand and metropoles on the other. The German capital in Unilever joined the British in exploiting Africa and the Dutch in exploiting the East Indies. The rewards spread through the capitalist system in such a way that even those capitalist nations who were not colonial powers were also beneficiaries of the spoils. Unilever factories established in Switzerland, New Zealand, Canada, and the U.S.A. were participants in the expropriation of Africa’s surplus and in using that surplus for their own development.”

“The French fear of German resurgence which caused France to press for a policy of dismemberment of Germany seemed to be altogether exaggerated. After 1945 Germany lay prostrate - militarily, economically and politically - and in my opinion this condition was a sufficient guarantee that Germany could not again threaten France. In the future United States of Europe I saw great hope for Europe and thus for Germany. We had to try to remind France, Holland, Belgium, and the other European countries that they were - as we were - situated in Western Europe, that they are and will forever remain our neighbours, that any violence they do to us must in the end lead to trouble, and that no lasting peace can be established in Europe if it is founded on force alone.”

“I leave undecided the question whether complete mutual freedom of international commerce, such as is contemplated by the theory of Free Trade, would not serve the interests of Germany. But as long as most of the countries with which our trade is carried on surround themselves with customs barriers...it does not seem to me justifiable, or to the economic interest of the nation, that we should allow ourselves to be restricted in the satisfaction of our financial wants by the apprehension that German products will thereby be slightly preferred to foreign ones. ... The minority of the population, which does not produce at all, but exclusively consumes, will apparently be injured by a customs system favouring the entire national production. Yet if by means of such a system the aggregate sum of the values produced in the country increase, and thus the national wealth be on the whole enhanced, the non-producing parts of the population...will eventually be benefited.”

“As President Biden explained, the current U.S.-orchestrated military escalation (“Prodding the Bear”) is not really about Ukraine. Biden promised at the outset that no U.S. troops would be involved. But he has been demanding for over a year that Germany prevent the Nord Stream 2 pipeline from supplying its industry and housing with low-priced gas and turn to the much higher-priced U.S. suppliers.... So the most pressing U.S. strategic aim of NATO confrontation with Russia is soaring oil and gas prices, above all to the detriment of Germany. In addition to creating profits and stock-market gains for U.S. oil companies, higher energy prices will take much of the steam out of the German economy. Thus looms the third time in a century that the United States will have defeated Germany – each time increasing its control over a German economy increasingly dependent on the United States for imports and policy leadership, with NATO being the effective check against any domestic nationalist resistance.”