On 20th April 1945, Marshalls Zhukov and Konev of the Red Army entered Berlin after the city's last defenders finally surrendered to the Soviets. In the coming years, Germany was divided and deindustrialized. However, just a decade after the end of the allied occupation, West-Germany had recrowned itself as the economic powerhouse of Europe.
The successive German governments forged monetary links between the banks and the corporations. The profits earned by these corporations were reinvested and thus short-term profitism was sacrificed for long term growth. Since the banks and workers were also the shareholders in the companies, it was ensured that the workers were protected. Trade Unions were encouraged and all the negotiations were made countrywide. A welfare safety net was provided as poverty and unemployment was all but eliminated. Soon Germany was the largest economy in Europe.
With economic progress, political stability came almost inevitably. This model was soon followed by various European countries with success. Perhaps Pakistan could one day emulate German success?
The successive German governments forged monetary links between the banks and the corporations. The profits earned by these corporations were reinvested and thus short-term profitism was sacrificed for long term growth. Since the banks and workers were also the shareholders in the companies, it was ensured that the workers were protected. Trade Unions were encouraged and all the negotiations were made countrywide. A welfare safety net was provided as poverty and unemployment was all but eliminated. Soon Germany was the largest economy in Europe.
With economic progress, political stability came almost inevitably. This model was soon followed by various European countries with success. Perhaps Pakistan could one day emulate German success?
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