Hi, lehmannmo here, slightly changed the wording of the aforementioned event:
germany.20.d: "The economic crisis has sparked discussions across various ideological circles and associations — the traditional consensus among German economists has failed, or, at least, is no longer being trusted by the average worker and politician. Witnessing millions being thrown to the streets and dozens of banks collapsing overnight, parties, associations and trade unions now look towards the government for potential salvation. That state intervention may help drive up demand and reinvigorate the economy during the financial cycle has been contemplated during the interwar period and these ideas have only gained more traction since Black Monday.\n\nThe journal of the General German Trade Union Federation (ADGB), Die Arbeit, has opened discussion on what they have named \"active economic policy\" after the publication of a political economic programme by the trade unionists Fritz Tarnow and Fritz Baade. This plan, titled the \"Tarnow-Baade Plan\" after its creators, posits the creation of massive public works which could employ up to one million people across the Empire, as well as tighter banking controls which would allow an extensive inflationary policy. According to Tarnow and Baade, work creation and fiscal inflation will provide relief for the poor and drive up demand, solving the downfall.\n\nThough the ADGB is closely allied with the SPD, the party has actually distanced itself from the Tarnow-Baade Plan. Otto Wels and Rudolf Hilferding have both criticised the ADGB for its direct intervention in politics, which should be delegated solely to the party, and for Tarnow and Baade's intentions to \"play doctor at the bedside of capitalism\". Undeterred, the trade unionists have been making waves across the press nonetheless, and earned the surprising endorsement of the Prussian Minister of War, Kurt von Schleicher, who described work creation as \"the only way out of today's plights\"."
PPsyrius
commented
8 months ago
HOI4 version: 1.13.6.7 Kaiserreich version: 1.03
Hi, lehmannmo here, slightly changed the wording of the aforementioned event:
germany.20.d: "The economic crisis has sparked discussions across various ideological circles and associations — the traditional consensus among German economists has failed, or, at least, is no longer being trusted by the average worker and politician. Witnessing millions being thrown to the streets and dozens of banks collapsing overnight, parties, associations and trade unions now look towards the government for potential salvation. That state intervention may help drive up demand and reinvigorate the economy during the financial cycle has been contemplated during the interwar period and these ideas have only gained more traction since Black Monday.\n\nThe journal of the General German Trade Union Federation (ADGB), Die Arbeit, has opened discussion on what they have named \"active economic policy\" after the publication of a political economic programme by the trade unionists Fritz Tarnow and Fritz Baade. This plan, titled the \"Tarnow-Baade Plan\" after its creators, posits the creation of massive public works which could employ up to one million people across the Empire, as well as tighter banking controls which would allow an extensive inflationary policy. According to Tarnow and Baade, work creation and fiscal inflation will provide relief for the poor and drive up demand, solving the downfall.\n\nThough the ADGB is closely allied with the SPD, the party has actually distanced itself from the Tarnow-Baade Plan. Otto Wels and Rudolf Hilferding have both criticised the ADGB for its direct intervention in politics, which should be delegated solely to the party, and for Tarnow and Baade's intentions to \"play doctor at the bedside of capitalism\". Undeterred, the trade unionists have been making waves across the press nonetheless, and earned the surprising endorsement of the Prussian Minister of War, Kurt von Schleicher, who described work creation as \"the only way out of today's plights\"."