C. E. 962: Otto Von Bismarck

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Since medieval times, Germany has been a leader of Europe. Politically and religiously, during a period of the Holy Roman Empire’s reign; militarily, during the 19th and early 20th centuries; and economically in the present era. In C.E. 962, Otto von Bismarck (OvB), the leader of the German Kingdom of Saxony, was crowned as the Holy Roman Emperor (HRE) and began an unbroken succession of German rulers that controlled much of the political and religious affairs of continental Europe up until the 19th century. Not until a few decades later, after the last HRE Francis II was defeated by Napoleon, did the economically productive and militarily advanced state of Prussia, under the leadership of OvB, succeed in unifying the disparate German states …show more content…

In order to derail the socialist movement and assure support from the working classes, he focused on the people’s welfare by passing various laws to better their lives without disrupting the traditional social hierarchy. The imperial Reichstag passed the Sickness Insurance Law of 1883 for German industrial laborers under his guidance and one year later, the Accident Insurance Law of 1884 in an attempt to demonstrate the desire of the German government to reduce the pain and suffering of workers. Later on, came the Old Age and Disability Insurance Law of 1889 for all workers seventy and over as well as the the disabled (OvB, Wikipedia). The goal of this bill was to give the workers something to work for or, as Bismarck says it, “a pension to look forward to” (18). These laws had the effect of providing workers with a sense of security unmatched at the time. German factory workers had much less to fear from the vagaries of illness and accidental disability than their British and American counterparts, aiding OvB’s real goal of increased productivity, suppression of dissent, and enabling the growth of his war …show more content…

Additionally, the state also finances research and development at a much higher rate (2.01%) than nearly any other country in Europe (only Iceland is higher) as well as establishment of public-private partnership such as the Fraunhofer Institutes which help to commercialize basic research and ensure that its exports continue to be among the world’s most advanced (Eurostat). This contributes to Germany’s lead in exports (45% of GDP, Eurostat) and its current account surplus, which at €220B (Reinhardt) is the world’s largest, allowing German wages to remain high and providing stability for its federal budget. The German system of vocational training and apprenticeship trains people in a specific occupation from a young age, leading to a more productive workforce and competitive export sector. With these industrial policies, the German economy has remained competitive and stable since its recovery from World War II and is the main economic leader of

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