The European elections in June and the three state elections in eastern Germany in September showed very drastically the political upheavals in Germany. These are not snapshots, but indications of longer-term developments explains WOLFRAM KLEIN of Sol (CWI Germany).
The background to political developments in Germany is the deteriorating economic situation. In recent decades Germany distinguished itself from other developed capitalist countries by having a considerably higher share of industrial production in its economy. According to the World Bank, in 2022 this share was 10% higher than in the USA, France and the UK. For years German capitalism was able to achieve high export surpluses thanks to high productivity and low production costs. Those in power in Germany could often boast that they were the ‘world champion in exports’ – or at least runner-up to China.
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