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The Distribution of the Deficiency

Summary by Tichys Einblick
Those who lived in the so-called new federal states until 1990 can still vividly remember: in the central administration economy sooner or later there is a shortage. But for this there is no need for socialism: If the market economy with its self-regulating effects is suffocated by state interventions, then suddenly also in supposedly capitalist systems massive cars are built, which are bought far less mass and land on dumps.
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Those who lived in the so-called new federal states until 1990 can still vividly remember: in the central administration economy sooner or later there is a shortage. But for this there is no need for socialism: If the market economy with its self-regulating effects is suffocated by state interventions, then suddenly also in supposedly capitalist systems massive cars are built, which are bought far less mass and land on dumps.

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Tichys Einblick broke the news in on Friday, July 4, 2025.
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