Germany is successful because it kept its manufacturing jobs through the collaboration of capital and trade unions: the capitalists kept the factories in German

Germany is successful because it kept its manufacturing jobs through the collaboration of capital and trade unions: the capitalists kept the factories in Germany, and the unions accepted wage restrictions [1][2] to stay internationally competitive. This is quite unlike SV capitalism, but neither does it look like the opposite, which would be socialism. The best description of it is corporatism. Of course, this also means that the benefits of Germany's roaring performance in international trade have trouble reaching regular Germans. As for happiness, the recent election results do not look like the choice of a population which is content with the current course. [1]: https://www.socialeurope.eu/was-german-wage-undercutting-deliberate https://www.socialeurope.eu/was-german-wage-undercutting-del... [2]: http://www.spiegel.de/international/business/a-share-of-future-profits-german-employees-exchange-wage-cuts-for-equity-a-640304.html http://www.spiegel.de/international/business/a-share-of-futu...