با برنامه Player FM !
German Capitalism vs French Capitalism
Manage episode 312264655 series 3231395
Alstom and Siemens are two big high-speed train manufacturers that wanted to create a merger in order to form the second largest company on the industry—at an international level. Nevertheless, European Union, led by Margrether Vestager (EU commissioner for competition) have vetoed this merger. Why? This example showcases two antagonist visions for capitalism: German capitalism vs French capitalism. At the first glance, it might seem that these two countries have very similar political and economical systems. Both have free market economies with a generous welfare state. However, their economic doctrines are pretty different from one another. France bets on their national champions and nurtures them in order to expand internationally. Germany, instead, stands for free competition. This is where one of the biggest economic dilemmas of our time comes into play… Should we favour larger companies or should we guarantee free competition? This is the crossroad where Europe was in order to decide what to do with the Alstom-Siemens merger. But… are Germany and France so different? Why do we say Alstom-Siemens story is so paradigmatic? Does Europe really need national behemoths in order to face competition from China? In this video we will answer to all of this questions.
32 قسمت
Manage episode 312264655 series 3231395
Alstom and Siemens are two big high-speed train manufacturers that wanted to create a merger in order to form the second largest company on the industry—at an international level. Nevertheless, European Union, led by Margrether Vestager (EU commissioner for competition) have vetoed this merger. Why? This example showcases two antagonist visions for capitalism: German capitalism vs French capitalism. At the first glance, it might seem that these two countries have very similar political and economical systems. Both have free market economies with a generous welfare state. However, their economic doctrines are pretty different from one another. France bets on their national champions and nurtures them in order to expand internationally. Germany, instead, stands for free competition. This is where one of the biggest economic dilemmas of our time comes into play… Should we favour larger companies or should we guarantee free competition? This is the crossroad where Europe was in order to decide what to do with the Alstom-Siemens merger. But… are Germany and France so different? Why do we say Alstom-Siemens story is so paradigmatic? Does Europe really need national behemoths in order to face competition from China? In this video we will answer to all of this questions.
32 قسمت
كل الحلقات
×به Player FM خوش آمدید!
Player FM در سراسر وب را برای یافتن پادکست های با کیفیت اسکن می کند تا همین الان لذت ببرید. این بهترین برنامه ی پادکست است که در اندروید، آیفون و وب کار می کند. ثبت نام کنید تا اشتراک های شما در بین دستگاه های مختلف همگام سازی شود.