Question: do you think German companies or American companies are better managed? There're always issues of misaligned or perverse incentives. Although I have

Question: do you think German companies or American companies are better managed? There're always issues of misaligned or perverse incentives. Although I have no illusions about union leaders having a particular interest in company success, it's not worse than company management having no particular interest in company success. And, since they have less power, they have less of a negative impact on the company and society in general.