The Four Reasons That Made Germany a Great European Power

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[jaikee]

German economy in a nutshell:
Germany makes the thing that goes inside the thing that goes inside the thing, and without that thing that goes inside the thing that goes inside the thing, everything would collapse, from toothpaste production to NASA's heat shield technology.

[twinmama]

There is one last point: Germany's SMEs are often world leaders in very niche fields and they often provide the production machines for other companies (so they can't be simply replaced by other companies). Plus, most of these SMEs are private companies or GmbHs (LLCs) with only few owners, almost always consisting of members of just one family, and very often family-led. These entrepreneurs know every employee by name, know their story (people often start in the company with an apprenticeshipment and stay in it till they retire) and their families. And they care about their employees. In times of crisis they rather cut their own salary than fire a single employee.

[lawrencegabriel]

Success is not built on success. It's built on failure, It's built on fraustration. it's built on fear that you have to overcome. I pray that anyone who reads this will be successful in life

[schnelma]

Would add “Mittelstand”: Family-run small or medium-sized companies that are often global market leaders in a very specific product.
This is where other points become important:
- Cooperation between small companies only works if there is mutual trust and trust in the rule of law (little corruption).
- For companies in need, there is “Kurzarbeit” (short-time work) to be able to keep their highly qualified and specialized employees.
- Good vocational training: normally lasts 3.5 years, half in school and half in the company. (Of course there are also universities).

[pranganao]

Your economic success story videos for the large part, used to cover only policy based reasons for prosperity. I am happy that you have actually started mentioning social and cultural reasons too in these videos.

[MTTT]

While Germany seems to be very innovative when it comes to large-scale or industrial technologies, it is surely lacking when it comes to wide-spead consumer products. Like for example the precursor of the Walkman, called the 'Stereobelt' was invented in Germany, yet never was turned into a viable product. Or the MP3 standard, which enabled the introduction of digital music players was also invented in Germany, yet all the big players for MP3 players came from other countries.

[sslaia]

I learned a lot from this video, although I studied in Germany and lived there for many years. I always admire the stability, the consensus and the long-term policies of the German, mentioned as the 3rd reason for Germany's success. In the country I live as well as the country I come from the long-term policies are like absent. The people in power would make short-term policies, that they quickly put together during the election campaign. Therefore such policies don't address issues, that need long-term solution. Otherwise to all from the UK I highly recommend the book "Why the Germans Do it Better: Notes from a Grown-Up Country" by John Kampfner, where other many more questions are answered.

[mandyt]

How come no one commented on how efficiency, planning to the last detail and timeliness is hardwired in germans…they take the mantra of “first time right” very seriously and give 100% to whatever they do…really admire their work culture and work ethics.

[maja-kehn]

As a German, this video was really interesting to watch because in our media the focus is often on what is going wrong in our economy, politically or socially. So hearing how bad everything is going in Germany on a daily basis makes us citizens things everything goes wrong. So it's good to see our country from a different perspective to get a more well-rounded picture. Thanks for this video.

[littlerageu]

Nice video, but the main point of seperation at school is mostly focused on mathematic understanding, even if you would land in the lowest form the "Hauptschule" (takes 9 instead of 10 years) you could add one extra year to get to the "Realschule" (the middle one take 10 years) and from the Realschule you can go onto a Gymnasium. After the 4th grade the elementary school teacher will recommend one of the 3 system to the parents but in the end parents decide where the child goes

[Funkywallot]

The Introduction of the Euro was very profitable for German production, locking in prices well below the D-Mark thrusting demands for Made in Germany goods.

[maxrofhl]

As a German I can cleary say that the separation isn't that "hard" in reality. For about 10 years there's no more bounding recommendation after primary school. So even if you're not the greatest student, you can visit the "Gymnasium", if your parents want to. And you only need to change your school if you repeatet a class twice.

[nomit]

About the financial crises: It isn't only about debt, it was a lot about keeping up the production capabilities. When the crises startet the government financed "short-work" (Kurzarbeit). So workers got their full wage while working less hours (financed by the government). Companies could on that way face the shrinking demand without firing anyone. When the global demand did rise again, German companies were just quicker in reestablishing their old production abilities. The didn't had to hire again, they just could call there employees back in.

[gloofisearch]

Great video. Like others said, the SME's play a large role in Germany's success. However, I don't think this can be copied into other countries as it is highly included into the culture over many generations and is still true to this day. For me, living in America, I see why the US is in such bad shape. Education, debt, no innovation and populism. If Germany can stay it's course and keep those values, it will always stay ahead of other nations.

[mohammadchowdhury]

AGREED 100% to your talks on Germany! A great & sharp analysis! Big thanks

[frenchydampier]

I believe the real reason for Germany’s success is the ability of their politicians to jointly work for the best for Germany’s interests. Unions working in collaboration with companies instead of opposition.

[The_real_Marcoman]

As a forty-year-old German, I don't even know where to start. The German state is indebted to the point of no more. But we are creditworthy, so we keep taking on more. The capital Berlin alone would not be able to keep its head above water without federal funds, a bottomless pit. Nothing has been invested in infrastructure for ages, such as roads, bridges, fiber optic internet, etc. We're drowning in bureaucracy at all levels. The opportunity for advancement for the poor in education is nil. We are an extremely jealous society that is jealous of the unemployed and refugees because they are said to get more money for doing nothing, which of course is not true. The government has repeatedly missed the expansion of renewable energies. You hardly get a kindergarten place here. The health system here is a disaster. Hospitals are closing in droves because they are required by law to make a profit. My city's hospital hasn't had a maternity ward for years because it doesn't bring in anything. Some old police stations are contaminated with asbestos, known for years, nothing happens. The government lacks real vision for the future. The powerful business lobbies influence politics so that hardly anything is done for the common man. The Bundeswehr has been saved to death since the 2000s, which is particularly affecting us in the Ukraine crisis. Even before the arrival of the Syrian wave of refugees and then the Afghan and Ukrainian ones, more than a million apartments were missing here because the government has hardly built any social housing and is still not able to do it. Small houses in cities like Hanover near the center now cost one to two million euros. Even most Germans say we are such a rich country, the truth is that the number of millionaires is only increasing, which falsifies the income statistics. The middle class has been disappearing since the 2000s and poverty is increasing. The Germans have had fears of decline and existential fears for 20 years. Retirees cannot live off their pension. The pension system from the days of the German Empire will soon no longer be viable because fewer young people are paying in for the aging society. The government doesn't do anything, just says work until you're 70. The queues in the soup kitchens are getting longer and longer. The reunification costs a lot because the ex-GDR was on the ground. Also, under Chancellor Schröder, Germany became a low-wage sector, so that ordinary workers can no longer make a living from it, until today. Social benefits also have been cut drastically since then. Statistics only look good to economists on paper. Germany was at its peak in the 1980s and 1990s, but then the decline began. Corona, inflation and the Ukraine crisis are hitting us hard. The only consolation here is that things are much worse elsewhere.

[MrRubinello]

very, very nice made video, thumb up. i just miss one point: the climatical advantadge: its easier to work when its not hot

[swarnavasamanta]

Germany is Germany because of efficiency and straightforwardness of Germans. They are dedicated, hardworking and hard bent rule abiding citizens. It's the same as Japan, Japanese people are the reason behind Japan's advancement the same as Germany.

[inamuller]

I would also like to add that university and colleague is basically free (around 350€ for a term). When you decide to do the vocational training you get paid a salary from your first day on. We also offer a hybrid of university and training with a chosen company eg Siemens or Mercedes. It's called dual study and here you also get paid a salary and the company covers all costs related to your studies.
This enables everyone to peruse education