Oxford University Press's
Academic Insights for the Thinking World

  • Author: Hester Vaizey

Big state or small state?

For 40 years, Germans living behind the Iron Curtain in the German Democratic Republic (GDR) had first-hand experience of a big state, with full near-full employment and heavily subsidized rent and basic necessities. Then, when the Berlin Wall fell, and East Germany was effectively taken over by West Germany in the reunification process, they were plunged into a new capitalist reality.

Read More