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still lingering effects of the reunification

A question is, why do those effects have to linger on? The explanation might have something to do with policy.

while the 2006 improvement in the job situation was due to a return to German/Social democratic form of capitalism

For the record, I haven't said that (in fact I see no return to another form of capitalism at all). For the purposes of this thread, the uncoupling of public sentiment and macroeconomic trends is more interesting than the actual reasons behind the current upswing. (My own guess would be that we are seeing the late effects of the World Cup, the effect of stopped oil price increase on the world economy, and the fruits of projects companies they held back during the elections but restarted after.)

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Sun Nov 5th, 2006 at 08:38:20 AM EST
[ Parent ]
For the record, I haven't said that (in fact I see no return to another form of capitalism at all).

Yes, sorry, I misinterpreted your previous comment.

For the purposes of this thread, the uncoupling of public sentiment and macroeconomic trends is more interesting than the actual reasons behind the current upswing.

In your other comment you wrote,

If so, perhaps  Stimmung has yet to catch up with reality.

It's more like they go in opposite directions. At the time of the World Cup, when positive macroeconomic trends were also already showing,  public sentiment as measured by various indexes was rather positive (by German standards).

And I found that so striking, I wanted to make sure I understood it correctly:  You're saying that up to the World Cup, real economic conditions were actually not that great, but public sentiment was pretty good, but since then, as macroeconomic trends started getting positive, public sentiment has gone down?

If so, this is indeed pretty fascinating indeed.  I am sure someone has diaried something along these lines already, but it would be interesting to compare and contrast such trends across various countries.  For example, Colman and Andre the Giant have written about the falseness of the American Dream.  It would be interesting to examine just how far education, myths and propaganda can convince people -- negatively or positively -- that things are different than they are.  (I guess on the extreme side you have North Korea -- but even there I think far fewer people are buying the party line than merely pretend to.)

I see Jerome has just launched another counteroffensive against neoliberal criticisms of France...

Rien ne réussit comme le succès.

by marco on Sun Nov 5th, 2006 at 04:58:29 PM EST
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