Accounting for Money: Keeping the Ledger of Monetary Memory in Germany

Total Page:16

File Type:pdf, Size:1020Kb

Accounting for Money: Keeping the Ledger of Monetary Memory in Germany Accounting for Money: Keeping the Ledger of Monetary Memory in Germany A Dissertation SUBMITTED TO THE FACULTY OF UNIVERSITY OF MINNESOTA BY Ursula M. Dalinghaus IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF DOCTOR OF PHILOSOPHY Professor Karen Z. Ho, Ph.D. Advisor January 2014 © Ursula Monika Dalinghaus 2014 ACKNOWLEDGEMENTS This dissertation has only been possible through the support of many people in Germany and the United States. I am especially grateful to the specialists at the Deutsche Bundesbank in Frankfurt am Main and Leipzig, who graciously permitted me to conduct my research alongside their communications work with the public, and who offered their time for interviews and questions throughout the research process. I also extend my thanks to institutions in Leipzig, including Archiv Bürgerbewegung Leipzig, e.V.; Europa Haus Leipzig, and Zeitgeschichtliches Forum Leipzig-Stiftung Haus der Geschichte. I take full responsibility for any errors, omissions and mistranslations in this dissertation. I am grateful for the feedback and suggestions of research participants and committee members throughout this process of analysis, writing and representation. I would like to express my deepest and heartfelt gratitude to my doctoral committee. My advisor, Karen Ho, has inspired, challenged, pushed and cheered me on through every moment of this project with patience and tenacity. She has encouraged me throughout this project to speak to the problem-spaces of my ethnographic research and to develop my analytical voice. I trust that her tireless mentorship will continue to make its mark apparent in my professional life and writing. The chair of my committee, Stuart Mclean, has taught me about the importance of creativity and storytelling at the heart of the anthropological endeavor. If I have departed too much from the normative demands of empiricism in this project then it is out of the shared conviction that stories participate in the world and can re-make worlds. Over these many years of graduate school and i research, Hoon Song has shown me what it means to be a teacher and a scholar. He has helped me through many impasses in my thinking and exemplified how philosophy and theory should inform our ethnographic and analytical commitments. I have many more miles to go in living up to that teaching. Matthias Rothe has shown a trust in me that I have not deserved, but for which I am deeply thankful. Where I have struggled with the politics of this research, he has urged me to think of my own positionality. This version of my project is another step in that direction. I also want to thank Thomas Wolfe for his contributions to my training and preparation for the field, and the many office hours spent listening to me connect the endless threads running through my project. I remember like yesterday the phone call I received from Tom and Daphne Berdahl urging me to come to the University of Minnesota. Daphne’s work and writings on East Germany are a legacy and testament to her deep insights about post-1989 Germany. I have felt Daphne’s absence throughout my fieldwork and writing. She is sorely missed. I would also like to acknowledge the support, input and intellectual mentorship at different stages of my research from William Beeman, Michael Goldman, Gloria Goodwin Raheja, Stephen Gudeman, Jean Langford, Karen-Sue Taussig, David Valentine and Barbara Wolbert. Research for this dissertation was supported by an NSF Doctoral Dissertation Improvement Grant, a University of Minnesota Graduate School Thesis Grant, a University of Minnesota Doctoral Dissertation Fellowship, a Hella Mears Summer Graduate Fellowship, and grants and fellowships from the DAAD, Center for German ii and European Studies at the University of Minnesota, and the Department of Anthropology at the University of Minnesota. Many friends and colleagues have contributed to and seen me through the heights and the depths of this process: Naheed Aaftaab, Murat Altun, John Baldwin, Eric Bangs, Solveig Brown, Matthew Carlson, Avigdor Edminster, Heather Flowers, Jen Hughes, Jennifer Immich, Sa’ra Kaiser, Claire Kirchhoff, Rebecca Kocos, Karen Kapusta-Pofahl, Steven Kensinger, Namrata Gaikwad, Ritika Ganguly, Timothy Gitzen, the Hoffmann’s, Michael Keller, Monika and Klaus Keller, Damon Lynch, Meryl Lodge, Laura McLeod, Laurie Moberg, Ashley Olstad, Lorë Phillips, Amirpouan Shiva, Sharon Smith, Jennifer Stampe, Mai See Thao, Constance Timm, Tracy Zank, Jianfeng Zhu. If there is anyone I have overlooked here, please accept my apologies. I also want to thank Kara Kersteter, Barbara London, Terri Valois, Barbara Murdock, and Amy Nordlander for their tireless efforts on my behalf. There are many people I have not been able to thank by name. Please know my debt of gratitude for making this project possible in the fist place. I thank my extended family in Germany, most especially: Dirk Nordhaus and Elisabeth Dalinghaus-Nordhaus, Josef and Leni Dalinghaus, and Bernd and Annette Dalinghaus for their welcoming support during my research stays in Germany and many hours of laughter and consultation at the kitchen table in Bahlen. Lastly, I want to thank my parents Franz and Diane Dalinghaus, my sister Martina, and my brother Thomas, for all their support and patience over these many years. To my niece, Angie (Angeliki): may iii you strive toward your full creative heights (and forgive the many hours, days and years we have missed spending together because I have been consumed by this dissertation) iv Dedication For Daphne Berdahl and Diane Dalinghaus and Angeliki Niteros v ABSTRACT This dissertation traces the socio-economic problem spaces and afterlives of the 1990 currency and economic union between West and East Germany, and the parallel process of creating the European single currency. Based on two and half years of full-time multi- sited (geographically and institutionally) fieldwork in Frankfurt am Main (West) and Leipzig (East) Germany, I show the pragmatic challenges of defining, enacting, and materializing relations of solidarity and obligation through new forms of monetary relations. I argue that the long and fraught histories of harmonizing east and west German regions offer critical insights for analyzing the new fault lines emerging between ‘core’ and ‘periphery’ nations in the euro-zone. My project therefore makes a contribution in narrating currency unions as emergent technical and social relationships, through which expert and lay understandings about money and economy are unwound and remade over time. In pursuing this line of inquiry, a key focus of my research included participatory research on the communications work of the German Central Bank (Deutsche Bundesbank) in Frankfurt am Main and Leipzig. vi TABLE OF CONTENTS ACKNOWLEDGEMENTS……………………………………………………………….i DEDICATION…………………………………………………………………………….v ABSTRACT……………………………………………………………………………...vi LIST OF FIGURES…………………………………………………………………….................viii CHAPTER 1: Introduction…………………………………………………………………….…1 CHAPTER 2: Re-membering stable money in the age of the euro……………………………..31 CHAPTER 3: ‘Distant Europe, tangible euro?’ Making sense of interconnections in the EU’...84 CHAPTER 4: Shared narratives of critique, different forms of accounting: the 1990 currency union in east/west perspective………………………………………………… 169 CHAPTER 5: An (un)timely affair: on money, power and belonging………...………………219 CHAPTER 6 From divided state to ‘new’ regions: on value, place, and ‘catching up’.……...258 CHAPTER 7: Re-reading the socialism/capitalism divide: Currency unions and the circulation of economic alternatives in Germany…………………………………………295 CHAPTER 8: Conclusion: On being untimely: Accounting for Europe’s remainders ………..317 BIBLIOGRAPHY………………………………………………………………………336 vii LIST OF FIGURES Figure 1. Carnival parade in Leipzig: ‘ironic commentary on the sale of the public works’…….126 Figure 2: Carnival parade in Leipzig: ‘the mayor will clean house with the sale’………………..127 Figure 3. Dublin, Ireland: Lisbon Treaty Referendum. ‘No to the reform treaty’………………..142 Figure 4. “Congratulations Ireland”………………………………………………………...……143 Figure 5. “The New EU won’t see you, hear you, speak for you”……………………………….144 Figure 6. “Lisbon Treaty. Get the complete picture”…………………………………………….145 Figure 7. “People Died for your Freedom”…………………………………………………….…147 Figure 8. “Stop EU Super-Government”…………………………………………………………148 Figure 9. “Vote Yes for jobs, the economy, and Ireland’s future”…………………………….....150 Figure 10. “Europe. Let’s Be at the Heart of It”…………………………………………….….….151 Figure 11. “Don’t Be Bullied”……………………………………………………...……………..158 Figure 12. “Let’s Make Europe Work Better”……………………………………………………..168 viii Chapter 1: Introduction “The question is not whether to remember or to forget, but what to remember and to forget, when and in what context”(Grosz 2004) In 2008 I met with Herr Schultz at his apartment in Leipzig-Gohlis, (former East Germany). Herr Schultz was speaking about the euro long before the beginnings of the present euro crisis (2013 at the time of this writing). Yet his articulate analysis by now resonates within multiple temporalities of currency shifts and economic crisis. Schultz worked as underground engineer drilling natural gas in the GDR. He wanted to study at university. He was not allowed to do so because his father had been a private businessman (long into the socialist period). As Herr Schultz noted ironically, I was labeled a “capitalist” child. He became a small-business entrepreneur himself after unification, opening
Recommended publications
  • Bibliography
    BIbLIOGRAPHY 2016 AFI Annual Report. (2017). Alliance for Financial Inclusion. Retrieved July 31, 2017, from https://www.afi-global.org/sites/default/files/publica- tions/2017-05/2016%20AFI%20Annual%20Report.pdf. A Law of the Abolition of Currencies in a Small Denomination and Rounding off a Fraction, July 15, 1953, Law No.60 (Shōgakutsūka no seiri oyobi shiharaikin no hasūkeisan ni kansuru hōritsu). Retrieved April 11, 2017, from https:// web.archive.org/web/20020628033108/http://www.shugiin.go.jp/itdb_ housei.nsf/html/houritsu/01619530715060.htm. About PBC. (2018, August 21). The People’s Bank of China. Retrieved August 21, 2018, from http://www.pbc.gov.cn/english/130712/index.html. About Us. Alliance for Financial Inclusion. Retrieved July 31, 2017, from https:// www.afi-global.org/about-us. AFI Official Members. Alliance for Financial Inclusion. Retrieved July 31, 2017, from https://www.afi-global.org/sites/default/files/inlinefiles/AFI%20 Official%20Members_8%20February%202018.pdf. Ahamed, L. (2009). Lords of Finance: The Bankers Who Broke the World. London: Penguin Books. Alderman, L., Kanter, J., Yardley, J., Ewing, J., Kitsantonis, N., Daley, S., Russell, K., Higgins, A., & Eavis, P. (2016, June 17). Explaining Greece’s Debt Crisis. The New York Times. Retrieved January 28, 2018, from https://www.nytimes. com/interactive/2016/business/international/greece-debt-crisis-euro.html. Alesina, A. (1988). Macroeconomics and Politics (S. Fischer, Ed.). NBER Macroeconomics Annual, 3, 13–62. Alesina, A. (1989). Politics and Business Cycles in Industrial Democracies. Economic Policy, 4(8), 57–98. © The Author(s) 2018 355 R. Ray Chaudhuri, Central Bank Independence, Regulations, and Monetary Policy, https://doi.org/10.1057/978-1-137-58912-5 356 BIBLIOGRAPHY Alesina, A., & Grilli, V.
    [Show full text]
  • European Union (EU) Map and Euro Currency
    Eurozone Map and Euro Currency http://en.wikipedia.org/wiki/Euro Eurozone Map and the Status of the Surrounding Countries and Territories Member States of the European Union http://en.wikipedia.org/wiki/Euro http://en.wikipedia.org/wiki/European_Union_member_states 13 October 2007 The Euro (sign: €; code: EUR) is the official currency of the eurozone, which consists of 19 of the 28 member states of the European Union: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxemb ourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.[3][4] The currency is also officially used by the institutions of the European Union and four other European countries, as well as unilaterally by two others, and is consequently used daily by some 337 million Europeans as of 2015.[5] Outside of Europe, a number of overseas territories of EU members also use the euro as their currency. Additionally, 210 million people worldwide as of 2013—including 182 million people in Africa—use currencies pegged to the euro. The euro is the second largest reserve currency as well as the second most traded currency in the world after the United States dollar.[6][7][8] As of August 2014, with more than €995 billion in circulation, the euro has the highest combined value of banknotes and coins in circulation in the world, having surpassed the U.S. dollar.[note 17] Based on International Monetary Fund estimates of 2008GDP and purchasing power parity among the various currencies, the eurozone is the second largest economy in the world.[9] 1 28 Member States of the European Union – List and Date Joined http://en.wikipedia.org/wiki/European_Union_member_states#List 2 Euro Banknotes as of 2014 евро ( ), ευρώ ( ) Cyrillic Greek ISO 4217 code EUR (num.
    [Show full text]
  • By Michael C. Burda* Assistant Professor of Economics
    "THE CONSEQUENCES OF GERMAN ECONOMYC AND MONETARY UNSON" by Michael C. Burda N° 90/53/EP Assistant Professor of Economics, INSEAD, Boulevard de Constance Fontainebleau 77305 Cedex, France Printed at INSEAD, Fontainebleau, France Preliminary The Consequences of German Economic and Monetary Union Michael C. Burda INSEAD, OFCE (Paris) and the Centre for Economic Policy Research June 1990 Abstract This paper analyzes some of the consequences of the pending economic and monetary union of the two Germanies. Particular emphasis is given to the real implications for the supply side of the German Democratic Republic and for resource flows between the two economic regions. Presented at the Kieler Woche Conference, 19-22 June 1990. This paper is a working paper for a forthcoming special issue of the Revue de lOFCE on Eastern Europe. I am grateful to B. Gorzig and R. Filip-Kohn of the Deutsches Institut filr Wirtschaftsforschung, U.Ludwig of the Akademie der Wissenschaf ten der DDR, and especially 0. Passet of the OFCE for discussions and data. The recent turn of events in Eastern Europe has provided economists with a laboratory experiment never imagined possible: the introduction of a market economy where none had previously existed. All the more extraordinary is the "experiment" posed by the economic monetary and social union (GEMU) between the Federal Republic of Germany (FRG) and the German Democratic Republic (GDR), by which the latter will drop its centrally planned economy and take the plunge into a free market system. In this peculiar setting, differences in tastes, language, and institutions will be largely marginalized, leaving only the market to answer the question: Can Ludwig Erhards postwar Wirtschaftswunder be repeated in a country that has not known capitalism for almost a half-century? This paper analyzes the German Economic and Monetary Union ( GEMU) and its implications for both Germanies from several perspectives.
    [Show full text]
  • The Eurozone Profiteers / 1/ Table of Contents
    THE EUROZONE PROFITEERS / 1/ www.corpwatch.org TABLE OF CONTENTS INTRODUCTION ......................................................................................................................................................... 5 Welcome to the Casino 5 Who Owes Whom? 7 Research by Ester Arauzo Azofra, Pratap Chatterjee, GERMAN BANKING: PAROCHIAL AND OVERBANKED, OR SMALL IS BEAUTIFUL? ................................. 11 Christina Laskaridis, Puck Lo, Myriam Westdeutsche Landesbank: A Jumbo with Engines on Fire and Nowhere to Land 14 Vander Stichele, and Joris Tieleman Depfa and Hypo Real Estate: One-Eyed Man Becomes King in the Land of the Blind 16 Thanks also to Kenneth Haar, Steven Hill, Lily Smith, Commerzbank: Property Lending Can Be a Mug’s Game 19 and Martin Pigeon, who provided valuable input and support for this report. FRENCH BANKING: LESS STATE = LESS HAPPINESS ....................................................................................21 Société Générale: Arrived with a Swagger, Brought Down by a Gamble 23 Crédit Agricole: Ready to Forget Cautious Lessons About Banking 25 Edit & design: Terry J. Allen Dexia: Using Public Funds to Support a Casino 27 Cover design: Pratap Chatterjee Cover cartoon: Khalil Bendib LENDING FRENZY ..................................................................................................................................................31 Spain: An Airport Without Planes, and the Never-Ending Property Boom 33 Greece: Of Disappearing Debt and Illegal Loans 35 Cyprus 39 Ireland: From
    [Show full text]
  • Lampland.Cv.April 2019.Pdf
    April, 2019 CURRICULUM VITAE Martha Lampland Department of Sociology University of California, San Diego 9500 Gilman Drive La Jolla, CA 92093-0533 [email protected] additional affiliation Science Studies Program Critical Gender Studies EMPLOYMENT HISTORY 2016- Professor 1995-2016 Associate Professor 1988-1995 Assistant Professor University of California, San Diego 1987-1988 Mellon Postdoctoral Fellow University of Michigan, Ann Arbor EDUCATION 1987 University of Chicago Doctor of Philosophy in Anthropology 1979 University of Minnesota M.A. in Anthropology 1977 University of Minnesota B.A. summa cum laude in Anthropology PUBLISHED BOOKS 2016 The Value of Labor: The Science of Commodification in Hungary, 1920-1956. Chicago: University of Chicago Press. Vucinich Prize (Honorary Mention): the most important contribution to Russian, Eurasian, and East European studies in any discipline of the humanities or social sciences published in English in the United States in 2016] 2009 Standards and their Stories. How Quantifying, Classifying and Formalizing Practices Shape Everyday Life. co-edited with Susan Leigh Star. Ithaca: Cornell University Press. 2000 Altering States: Ethnographies of Transition in Eastern Europe and the Soviet Union. co-edited with Daphne Berdahl and Matti Bunzl. Ann Arbor: University of Michigan Press. 1995 The Object of Labor: Commodification in Socialist Hungary. Chicago: University of Chicago Press. ARTICLES and BOOK CHAPTERS 2019 “’From Each according to their Ability, to Each according to their Need.’” Calorie Money and Technical Norms in mid-20th c. Hungary,” Economic Knowledge in Socialism, 1945-1989, edited by Till Düppe and Ivan Boldyrev. History of Political Economy 51 (supplement):00-00. with Maya Nadkarni 2016 “What happened to jokes?” The Shifting Landscape of Humor in Hungary, East European Politics and Societies 30(2):449-471.
    [Show full text]
  • How to Configure Euro Sign Symbol to Show Whenever Key Combination Is Pressed on Debian Linux
    Walking in Light with Christ - Faith, Computing, Diary Articles & tips and tricks on GNU/Linux, FreeBSD, Windows, mobile phone articles, religious related texts http://www.pc-freak.net/blog How to configure Euro sign symbol to show whenever key combination is pressed on Debian Linux Author : admin Today I realized that I have no standard way to make the Euro sign on my Linux. I'm a using a normal notebook qwerty keyboard on my Thinkpad and a Debian Linux. For Microsoft Windows there are plenty of keyboard combinations to make the Euro sign to appear on the screen. In Windows; 1. On UK Keyboard the euro sign shows when AltGr (Right Alt Button) + 5 is pressed. 2. On US keyboard the euro sign is invoked via keyboard combination; AltGr (Right Alt) + 5 3. On all kind of keyboards in Windows the Euro sign is visualized by ; holding Alt and typing 0128 : However in my GNOME on Linux the universal way to insert the euro sign by holding alt with 0128 did not worked out. I've found plenty of things related to how the euro sign could be produced on Linux, most of the info I found however didn't gave me a clue how can I achieve this simple task. At that time I've found on a forum on the net, that in Gnome the euro sign producing can be configured via GNOME's Control Panel So to assign a keyboard configuration which will be able to produce the euro sign; 1. Go to Gnome's Keyboard settings System -> Preferences -> Keyboard 1 / 2 Walking in Light with Christ - Faith, Computing, Diary Articles & tips and tricks on GNU/Linux, FreeBSD, Windows, mobile phone articles, religious related texts http://www.pc-freak.net/blog 2.
    [Show full text]
  • Money Fiat Money Our Currency
    6. How much money has an economy? Money • Money is everything considered money. Money is recognized by its three main functions. • Medium of exchange. Goods can be generally obtained in exchange for money, that is, money must can be used to make purchases of goods. • Store of value. Money has the ability to preserve (at least part) of its purchasing power in time: it is a way of accumulating purchasing power. • Unit of account. The value of goods is expressed in http://stephenlaughlin.posterous.com/buy‐an‐100‐trillion‐zimbabwe‐dollar‐bank‐note terms of money (this was the € from 1999 to 2002). http://en.wikipedia.org/wiki/Zimbabwean_dollar II 1 II 2 Fiat money Our currency: the euro • Essentially, money is anything which is generally • The euro (sign: €; code: EUR) is the official accepted as a payment for goods. currency (= physical money) of the 17 members of the eurozone (officially called euro area): A, B, C, E, • But money is accepted in exchange for goods FI,FR,GE,GR,IR,IT,L,M,N,P,SLA,SLE,&SP. because of the belief that it will be subsequently accepted in exchange for goods. • The euro was born in Jan. 1999 as a unit of account and became currency on 1 Jan. 2002. It is managed • To reinforce that belief, originally money had to by the Eurosystem: the European Central Bank have intrinsic value: money itself was a good (like plus the central banks of the eurozone members. cattle or silver: commodity money). With time, it became unnecessary for money to have intrinsic • It is the 2nd most traded currency in the world, value.
    [Show full text]
  • Micro Database Investment Funds Statistics Base Data Report 2020-05
    Micro Database Investment Funds Statistics Base Data Report 2020-05 Data available from 2009-09 to 2020-06 Metadata Version: IFS-Base-Data-Doc-v3-1 DOI: 10.12757/Bbk.IFSBase.09092006 Deutsche Bundesbank, Research Data and Service Centre Jannick Blaschke Heike Haupenthal Deutsche Bundesbank Research Data and Service Centre 2 Abstract We describe the research dataset “Investment Funds Statistics Base” using a structured metadata schema.1) This document consists of three sections. In the first section, we describe the general properties of the dataset as a whole, such as its scope and coverage as well as the methods of data collection and data appraisal. The second section looks at the variable level, providing an overview and detailed tables for each variable. In addition, this section looks at the value level and provides codelists, i.e. information on the meaning of values for categorical variables. The third section provides relevant definitions. Keywords: Investment Funds, Funds, IFS, IFS-Base, Money Market Funds, MMFs, Financial Mar- kets, Banking Research, Shadow Banking, Behavioral Finance, Financial Stability Metadata Version: IFS-Base-Data-Doc-v3-1 DOI: 10.12757/Bbk.IFSBase.09092006 Citation: Blaschke, J., and H. Haupenthal (2020). Investment Funds Statistics Base, Data Report 2020-05 – Metadata Version 3-1. Deutsche Bundesbank, Research Data and Service Centre. 1 The metadata scheme is derived from the “Data Documentation Initiative” (DDI, http://www.ddialliance.org). Investment Funds Statistics Base Data Report 2020-05 3 Contents 1 Dataset description .................................... 4 1.1 Overview and identification . 4 1.2 Dataset scope and coverage . 5 1.3 Data collection .
    [Show full text]
  • Television and the Cold War in the German Democratic Republic
    0/-*/&4637&: *ODPMMBCPSBUJPOXJUI6OHMVFJU XFIBWFTFUVQBTVSWFZ POMZUFORVFTUJPOT UP MFBSONPSFBCPVUIPXPQFOBDDFTTFCPPLTBSFEJTDPWFSFEBOEVTFE 8FSFBMMZWBMVFZPVSQBSUJDJQBUJPOQMFBTFUBLFQBSU $-*$,)&3& "OFMFDUSPOJDWFSTJPOPGUIJTCPPLJTGSFFMZBWBJMBCMF UIBOLTUP UIFTVQQPSUPGMJCSBSJFTXPSLJOHXJUI,OPXMFEHF6OMBUDIFE ,6JTBDPMMBCPSBUJWFJOJUJBUJWFEFTJHOFEUPNBLFIJHIRVBMJUZ CPPLT0QFO"DDFTTGPSUIFQVCMJDHPPE Revised Pages Envisioning Socialism Revised Pages Revised Pages Envisioning Socialism Television and the Cold War in the German Democratic Republic Heather L. Gumbert The University of Michigan Press Ann Arbor Revised Pages Copyright © by Heather L. Gumbert 2014 All rights reserved This book may not be reproduced, in whole or in part, including illustrations, in any form (be- yond that copying permitted by Sections 107 and 108 of the U.S. Copyright Law and except by reviewers for the public press), without written permission from the publisher. Published in the United States of America by The University of Michigan Press Manufactured in the United States of America c Printed on acid- free paper 2017 2016 2015 2014 5 4 3 2 A CIP catalog record for this book is available from the British Library. ISBN 978– 0- 472– 11919– 6 (cloth : alk. paper) ISBN 978– 0- 472– 12002– 4 (e- book) Revised Pages For my parents Revised Pages Revised Pages Contents Acknowledgments ix Abbreviations xi Introduction 1 1 Cold War Signals: Television Technology in the GDR 14 2 Inventing Television Programming in the GDR 36 3 The Revolution Wasn’t Televised: Political Discipline Confronts Live Television in 1956 60 4 Mediating the Berlin Wall: Television in August 1961 81 5 Coercion and Consent in Television Broadcasting: The Consequences of August 1961 105 6 Reaching Consensus on Television 135 Conclusion 158 Notes 165 Bibliography 217 Index 231 Revised Pages Revised Pages Acknowledgments This work is the product of more years than I would like to admit.
    [Show full text]
  • The Economic Impact of Social Ties: Evidence from German Reunification
    The Economic Impact of Social Ties: Evidence from German Reunification∗ Konrad B. Burchardiy Tarek A. Hassanz November, 2010 Job Market Paper Abstract We use the fall of the Berlin Wall in 1989 to identify a causal effect of social ties between West and East Germans on economic growth, household income, and firm investment: West German regions which (for idiosyncratic reasons) had closer social ties to East Germany prior to 1989 experienced faster growth in income per capita after reunification. A one standard deviation rise in the share of households with social ties to East Germany is associated with a 4.6% rise in income per capita over five years. Much of this effect on regional economic growth seems to be driven by a rise in entrepreneurial activity. Moreover, firms which are based in West German regions with closer social ties to the East in 1989 are more likely to operate a subsidiary in East Germany even today. At the household level, West German households with relatives in East Germany in 1989 experienced a persistent rise in their income after the fall of the Berlin Wall. We interpret our findings as evidence of a persistent effect of social ties in 1989 on regional economic development and provide evidence on possible mechanisms. JEL Classification: O11, P16, N40. Keywords: economic development, German reunification, networks, social ties. ∗We are grateful to Philippe Aghion, Oriana Bandiera, Tim Besley, Davide Cantoni, Wendy Carlin, Jason Garred, Maitreesh Ghatak, Claudia Goldin, Jennifer Hunt, Erik Hurst, Nathan Nunn, Rohini Pande, Torsten Persson, Michael Peters, Steve Redding, Daniel Sturm, and seminar participants at Harvard, the University of Chicago, UCLA, the London School of Economics, the EDP Meeting London, and London Business School for useful comments.
    [Show full text]
  • Reclaiming Action — Progressive Strategies in Times of Growing
    Reclaiming action — PRogRessive stRategies in times of gRowing Right-wing PoPulism in DenmaRk, noRway, sweDen anD geRmany Edited by Christian Krell, Henri Möllers and Niklas Ferch Right-wing populist parties are on the rise almost everywhere in Europe. In the Scandinavian coun- tries, too, where Social Democracy has had the most decisive influence on the development of a solidary society and an inclusive and emancipatory welfare model, policymakers face increasingly substantial difficulties in forming government coalitions vis-à- vis aspiring competitors who have emerged on the far right in recent decades. In light of the remark- able rise of right-wing populism in Germany and its growing presence in parliaments and discourses, the volume at hand contextualizes and compares the growth of right-wing populism in Denmark, Norway, Sweden and Germany. Based on the identification of ideal-typical strategies applied by progressive par - ties towards right-wing populist parties in the past and in the present, the authors evaluate the success of various strategies and develop recommendations for progressive and sustainable actions to »reclaim action« against right-wing populist parties. In doing so, the volume addresses both scientists and policy- makers as well as the interested public. ISBN: 978-3-96250-166-2 Reclaiming action — PRogRessive stRategies in times of gRowing Right-wing PoPulism in DenmaRk, noRway, sweDen anD geRmany Edited by Christian Krell, Henri Möllers and Niklas Ferch RECLAIMING Action — PROGRESSIVE STRATEGIES IN TIMES OF GROWING
    [Show full text]
  • Private Net Worth in Eastern and Western Germany Only Converging Slowly
    Private NET WORTH IN EASTERN AND WESTERN GERMANY ONLY CONVERGING SlowlY Private Net Worth in Eastern and Western Germany Only Converging Slowly By Markus M. Grabka Very nearly 25 years after the fall of the Berlin Wall, households in Aside from current income, the parameter of net worth eastern Germany have an average net worth of 67,400 euros which represents a key resource in the economic activity of is less than half that of their counterparts in western Germany with households. In addition, net worth has a specific func- tion going far beyond the sheer fact of earning (for ex- an average net worth of 153,200 euros. In both parts of the coun- ample, in the form of interest and dividends). It contrib- try, real estate ownership is quantitatively the most important asset utes significantly to stabilizing consumption in periods type. Although the share of owner-occupiers has increased signifi- of income loss, while tangible assets can, as in the case cantly in both regions since 1990, only one-third of all households of real estate, be used by the owner. A greater net worth may confer economic and political power, and be em- in eastern Germany are owner occupied whereas the corresponding ployed to achieve or maintain an individual’s own high share in the west is almost half. Further, the market value of the real social status, or support the development of his or her estate owned in eastern Germany is only half of that in the west. children. In this way, personal assets also serve to re- There has, however, been a significant convergence both in terms of produce and form elites.
    [Show full text]