The Dynamics of German Industry

The book offers a critical analysis of the "German Model" of industrial organization, exploring its relevance in the face of American economic standards. The author, a prominent economic historian, examines the unique characteristics of Germany's approach to the New Economy, highlighting the resilience of its structures and cultural mindset. He argues against the notion that the German Model is outdated, emphasizing the ongoing dynamics and potential of Rhenish capitalism. This work is essential for those interested in comparative economics and the future of industrial organization.