[lbo-talk] germany-builds-twice-as-many-cars-as-the-u-s-while-paying-its-auto-workers-twice-as-much/ ?

c b cb31450 at gmail.com
Thu Dec 22 12:30:12 PST 2011


How Germany Builds Twice as Many Cars as the U.S. While Paying Its Workers Twice as Much

LEIPZIG, GERMANY - NOVEMBER 05: Workers assem...

A BMW assembly plant in Leipzig, Germany.

In 2010, Germany produced more than 5.5 million automobiles; the U.S produced 2.7 million. At the same time, the average auto worker in Germany made $67.14 per hour in salary in benefits; the average one in the U.S. made $33.77 per hour. Yet Germany’s big three car companies—BMW, Daimler (Mercedes-Benz), and Volkswagen—are very profitable.

How can that be? The question is explored in a new article from Remapping Debate, a public policy e-journal. Its author, Kevin C. Brown, writes that “the salient difference is that, in Germany, the automakers operate within an environment that precludes a race to the bottom; in the U.S., they operate within an environment that encourages such a race.”

http://www.forbes.com/sites/frederickallen/2011/12/21/germany-builds-twice-as-many-cars-as-the-u-s-while-paying-its-auto-workers-twice-as-much/



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