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by Schlagbohrer
24 days ago
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East Germany was completely looted by West German corporations. There were east german workers who's final job was packing up all the machinery and inventory in their plant to ship to the west german company that had bought it all for €1, for example. Basically west germany did to the former east what private equity in the united states does to many companies- tear it down for scrap and sell it off. Then years later people blame the Ossies for just being backwards. If you want more information about this I highly recommend Katja Hoyer's book, "Beyond the Wall" about life in the east and the problems of reunifcation. |
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The saddest part is that there are even many East Germans who don't see this at all, but instead attribute the economic stagnation of many regions in eastern Germany to the mindset of the people living there.