This article compares modes of response to the COVID-19 pandemic in three national automotive sectors. Our analyses of the automotive sector in Germany clearly demonstrate that trade unions were included and their interests considered at the national, industrial, and company level, and in the...

Money in capitalism is a social force which exists not only on the level of wealth owners, but is also a force which stimulates economic development (or fails to do so). According to Hajo Riese the asset-protecting function of money, which can be expressed in a liquidity premium, indicates...

The Covid-19 pandemic had different impacts across the globe, according to both country structure and conjunctural responses from local governments. This article aims to characterize the main traits of capitalism in Brazil, with a focus on its evolution over the last 20 years and the way these...

In addition to the severe health crisis, the Covid-19 pandemic provoked one of the deepest socioeconomic crises in the history of capitalism. Yet, the economic structure of each country and the strength of the welfare state, along with the ability of the diverse governments to cope with the...

Brazilian pension funds hold together a portfolio that exceeds R$ 1 trillion. This volume of resources justifies researches that try to understand the management of these portfolios. This paper aims therefore to analyze the allocation of the wealth managed by these funds. As an associated goal,...

The Covid-19 pandemic has had unequal effects around the world, not simply in terms of health prospects, but also in terms of economic and social consequences. In all these aspects, Brazil is among the most affected countries. This article aims to analyze the economic and social effects of the...

At the end of 2014, the pension funds in Brazil held a portfolio of R$ 672 billion. About 45% of these resources are owned by the three largest entities of the country, namely, Previ, Petros and FUNCEF. This article aims to analyze in detail the evolution of the portfolios of these three...

Der Preisniveauschock ab 2021, der vor allem durch den Krieg in der Ukraine ausgelöst wurde, stellt die Lohnpolitik vor schwierige Herausforderungen. Theoretische und empirische Überlegungen zeigen, dass für alle Arbeitnehmer eine Überwälzung der Wohlfahrtsverluste, die durch die...

In Deutschland und der Europäischen Währungsunion (EWU) entwickelte sich ab 2021 eine kostengetriebene Inflationswelle, die von steigenden Energiekosten und Nahrungsmittelpreisen sowie Störungen in globalen Wertschöpfungsketten vorangetrieben wird. Führt der kräftige Preisniveauschub zu...

The German Federal Constitutional Court has ordered a revision of public budgets following the correct interpretation of the German debt brake. The debt brake is an obstacle to necessary public investment needed for ecological transformation of areas such as housing construction and education....