Our economic system often features opposing interests; workers who want more pay, capitalists who want more interest, shareholders who want more profits, and landowners who want more rent. In Germany, businesses adopt a different mindset; emphasizing the long term, placing great value on relationships with employees, customers, and suppliers, promoting innovation, and committing to the wider community.
In this seminar, Michael Bucher compares and contrasts the “Mittelstand Mindset” with more traditional forms of capitalism. Michael also examines the advantages enjoyed by German businesses, such as access to low-cost finance and government support.
Michael Bucher is currently a freelance researcher/writer for Shanghai Business Review, writing on topics in business, trade, and international relations relating to China.
Location: Henry George School of Social Science, 149 East 38th Street (Between Lexington & 3rd Avenue) New York, NY 10016
Time: 6:00pm to 8:00pm
Date: Wednesday, November 29, 2017