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Friedrich Merz Still Believes in the Trickle-Down Effect

Summary by Jacobin Magazin
The debate about the electricity tax shows one thing above all: Merz: Loyalty applies to the German export industry and international investors. These capital fractions are strengthened – but not economic growth.
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The debate about the electricity tax shows one thing above all: Merz: Loyalty applies to the German export industry and international investors. These capital fractions are strengthened – but not economic growth.

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Jacobin Magazin broke the news in on Thursday, July 17, 2025.
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