GermanyThe article discusses the growing skepticism towards liberalism in economic and geopolitical contexts, citing scholars like Michael Hüther and Moritz Schularick who argue that the era of regulated order based on thinkers like Montesquieu is ending. They suggest a shift toward more interventionist states, particularly in response to global challenges such as U.S.-China tensions and Russia’s military threat. The piece critiques the current trend of abandoning established economic principles in favor of state-driven policies, pointing to examples like misguided subsidies in the chip industry and mismanagement of public funds. It references the 'Nirvana Fallacy', a concept from economics where policymakers assume perfect market outcomes, and warns against using vague terms like 'resilience' or 'sovereignty' to justify flawed interventions.
Bias read (Center): While the article presents concerns about the decline of liberalism and advocates for more active state involvement, it does not take a clear ideological stance. It critiques both the over-reliance on free markets and the misuse of state power, presenting arguments from multiple perspectives without
