Since the onset of the Great Recession, Germany s economy has
been praised for its superior performance, which has been
reminiscent of the economic miracle of the 1950s and 1960s. Such
acclaim is surprising because Germany s economic institutions were
widely dismissed as faulty just a decade ago. In Holding the Shop
Together, Stephen J. Silvia examines the oscillations of the German
economy across the entire postwar period through one of its most
important components: the industrial relations system.
As Silvia shows in this wide-ranging and deeply informed
account, the industrial relations system is strongest where the
German economy is strongest and is responsible for many of the
distinctive features of postwar German capitalism. It extends into
the boardrooms, workplaces and government to a degree that is
unimaginable in most other countries. Trends in German industrial
relations, moreover, influence developments in the broader German
economy and, frequently, industrial relations practice abroad. All
these aspects make the German industrial relations regime an ideal
focal point for developing a deeper understanding of the German
economy as a whole.
Silvia begins by presenting the framework of the German
industrial relations system labor laws and the role of the state
and then analyzes its principal actors: trade unions and employers
associations. He finds the framework sound but the actors in crisis
because of membership losses. Silvia analyzes the reasons behind
the losses and the innovative strategies German labor and
management have developed in their efforts to reverse them. He
concludes with a comprehensive picture and then considers the
future of German industrial relations."
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