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by WalterBright 1402 days ago
Um, where did Germany get "massive government spending"? If you say "the Marshall Plan", look up the MP on wikipedia. Germany did get MP money, but far less than Britain and France did. The latter two did not have a "British Miracle" or "French Miracle".
1 comments

I didn't claim the spending was the prime cause of any "miracle", but it's fairly certain it wouldn't have happened without it. France and the UK did have impressive recoveries too, that would have been impossible without the MP etc.

FWIW I would actually expect the fact that because the priority at the time was economic recovery before everything else, red tape wasn't allowed to get in the way to the degree it often seems to once prosperity had been restored. I'd even say that's probably a reasonable trade off, though it certainly doesn't justify governments letting growing businesses get away with whatever they feel like. Nobody likes bureaucracy or red tape, but almost always it's what we end up with as a result of repeated cases of corporate behaviour that's widely agreed to be unacceptable.