3 ms·

I think Germany success with hidden champions is correlated with their banking system, there are a lot of smaller regional banks in Germany that are focused on

I think Germany success with hidden champions is correlated with their banking system, there are a lot of smaller regional banks in Germany that are focused on smaller businesses and allow for a market where there is a 'middle class' of companies.

macinjosh 7y ago
That sounds like a great system. I am very pro-markets and capitalism but I have no problem saying there are very unhealthy examples in capitalism where huge corporations grow too much at the expense of humanity. A 'middle class' of companies seems much more sustainable, healthy, and fair. It could make buying local the norm again.