Max Streibl at the CSU party conference in Munich (1989). Picture: Kuhn / Bundesarchiv, B 145 Bild-F083104-0015 / CC-BY-SA-3.0
Bavaria Saga: How to Fail at Your Own Success – Part 9
European elite exchange also in Bavaria
In his fundamental analysis of the power elites of the European empire, Michael Hartmann shows that at the time of the founding of the European Union, i.e. at the beginning of the 1990s, there was also an accelerated change in the political-bureaucratic caste in Brussels . A similar change had already taken place in the political, administrative and economic elites of the individual founding and accession countries of the EU in the years before.
In the first post-war decades, party, parliamentary and government politicians in the capitalist European countries tended to be shaped by small-castle conservative or working-class social democratic milieus. In the preparatory years of the Economic and Monetary Union of 1999, however, in the course of the transformation of the still rather harmless trade bloc "European Community" (EC) a recognizable change has occurred.
The more this European Community wants to become a finance-capitalist-authoritarian-burocratic EU-"Empire" (Albert F. Reiterer) with its own euro currency, the more emphatically the descendants of the traditional upper classes again forced their way into national and supranational leadership positions – especially in the "reunited" Germany. There, unexpectedly, the aristocracy, which had actually long since been dumped, climbed out of its crypts (without or with plagiarism)-"Dr.") out.
Bavaria saga – Part 8: 1980s offensive by Straub and arztezeitung against Bonn
Franz Josef Straub, son of a butcher and high school student from Munich, perceived as a roaring and sweating beer tent matador, was thus phanotypically no longer up to date at the time of his death in 1988. His immediate successor as Minister President of Bavaria, Max Balthasar Streibl, the son of a hotelier from the Oberammergau Passion Play and a monastery schoolboy from Ettal, was much more compatible with the elite. In retrospect, he is said to have had a more restrained style of government than his predecessor "rather restrained style of government" to have cultivated.
As Bavarian Minister of Finance for many years, especially during Franz Josef Straub’s three terms as Minister President, Max Bathasar Streibl represented Bavaria as a successful region of the EU and Euro-Europe that had been pushed forward since the early 1990s. During Streibl’s tenure, Bavaria became the state with the lowest public debt ratio and the highest investment ratio in the post-expansion Germany.
Phonetically moderate and visually cultivated, Max B. Streibl at that time in the useful giant shadow of the Anschluss Chancellor Helmut Kohl and behind the Bavarian-Swabian background noise of the EU stability monomaniac Theodor Waigel Bavaria as one of the most dangerous export explosives for the European neighbor economies into the economic area newly created in 1991 "European Economic and Monetary Union" (EMU). Of course, Streibl did not want to and could not have prevented Bavaria from joining the EU via the FRG – but the mood against Bavaria’s appearance on the FRG team would have been anything but favorable for Bavaria, given Bavaria’s strong dependence on its EU neighbors.
Maastricht dogma as a submarine of German export capitalism
The alleged director of the Brussels EMU puppet show shortly after the annexation of the GDR to the FRG was the finance minister of the last three Kohl governments from 1989 to 1998, Theodor Waigel "Theo" Waigel. The son of a part-time farmer and a high school graduate from Krumbach in Swabia was also chairman of the CSU from 1988 to 1999.
On this power base, Waigel, who had only studied law, allowed himself to spend a decade as Europe-"okonom" to dilettante. With the Maastricht criteria he pushed through, he also created the basis for the two-decade-later euro crisis, massively exacerbated by the donation-affair infected, but especially Swabian-sparsadist Europe-"oconists" Wolfgang Schauble.
Waigel has presumably still not understood that the euro, weaker than the DM, and thus, as it were, due to devaluation, massively favored German export capitalism in world trade. At the same time, however, the export opportunities of the southern EU countries in particular have been massively worsened by the euro, which is now stronger than it was before – as a result of appreciation, so to speak.
Theodor Waigel at a speech in the Bavarian Parliament in Munich in May 2009. Picture: Alexander Hauk / Public Domain
Because this, the amateur-"okonomists" Waigel probably unclear, clandestine effects of his "legal" okonomie, d.h. The economic elite did not chase Waigel out of office – as necessary as that would have been from the point of view of the economy as a whole, society and Europe – because of the monomaniacal dictates of his Maastricht stability standards, which were of enormous benefit to exporting corporations based in Germany.
Characteristic of these little intelligent "juristic" Waigel-okonomie, probably a kind of Swabian antithesis to the "political" okonomics of Marx, Keynes etc., was their exclusive concentration on the "Stability" of national and supranational economic balance sheets. ("Legal") standards for public debt and ("legal") norms for new indebtedness were their basic economic lamentable concept, called "Convergence criteria". Only national economies that met the standards of the Bavarian Chief Realoconome were to be allowed to join the new EMU cartel.
The Federal Minister of Finance at the time was probably more aware of the European-related policy of favoritism against the export interests of the German state "German" group capital in the case of the intra-European effects of the "legal" economy in the form of the "Maastricht"-criteria.
The literature emphasizes that the "Stability policy" exerted massive prere on employment and wages with its strict rejection of public expenditures that demanded employment. This not only reduced the "German" printed export prices to the other EU economies and demanded exports to them. Steamed above all also the German domestic purchasing power. This, however, worsened the possibilities of neighboring economies to export to Germany.
For the later EU-destructive enormous current account differences between the hegemonic export world champion Germany and the mainly Southern European export loser countries (Steffen Lehndorff), the Maastricht submarine captain Waigel, who is blind to the destruction he has caused, has created the preconditions. Fittingly "Theo" Waigel 2004 after his deeds as "Federal Minister of Finance" Chairman of the supervisory board of a manufacturer of slot machines.
In addition to the undeniable expansion of the EU’s sales markets outside and within Europe, the introduction of the euro and even the introduction of the European Union have had a significant impact on the development of the local economy "Maastricht"-norms did not even begin to solve the overriding problem of the new currency zone: The traditional way of the former European national economies to pay their employees wages above the comparative national productivity level consisted in securing the necessary export surpluses for the companies by devaluing the national currency, i.e., the national currency.h. Export price reduction or also to be achieved by high public spending.
The transition to a global financial capitalism and financial market in the past decades has dramatically increased the risk of foreign debt. This had required, in addition to the expansion of the sales market achieved with the EMU, a stronger regulation of the financial market. The smear job of the transaction tax debate has shown that almost everything was missed.
So it is understandable that in the EU countries, whether in those of the southern and eastern peripheries or in their own peripheral regions, there is growing hatred for an EU empire that, on balance, has only made its old and new elites richer and its people’s lives more difficult. Seen in this light, the "christian social" Maastricht submarine captain "Theo" credit not only the election gains of the AfD but also Brexit as successes of its blindly fired stability torpedoes.