Wolfgang Schäuble, as Finance Minister, played a central role in negotiating the European Stability Mechanism. He was known for his strict, no-nonsense approach, insisting on clear financial rules and enforcement mechanisms, underscoring the German preference for contractual certainty and fiscal discipline.
close or walk away
Glengarry Glen Ross (1992). Set in a high-pressure sales office, this movie depicts real estate agents in constant contact with clients and each other, always ready to close or walk away from deals. The focus is on results, not relationships or context, and the right to exit is exercised ruthlessly.
“Vertrag ist Vertrag”
Vertrag ist Vertrag. A contract is a contract. A contract is binding – period. Changes or renegotiations are often seen as unprofessional. This expression highlights the German preference for legal certainty and clear agreements.
Ausschlussfrist
The German term Ausschlussfrist conveys the concept of limitation period; legal deadline after which claims expire. It is culturally significant because seen in employment and delivery contracts – reinforces rule-based thinking.
“Auf Worte müssen Taten folgen”
Auf Worte müssen Taten folgen. Words must be followed by actions. Empty promises are useless. In German negotiation culture, it is expected that statements will be consistently put into practice.
change course when necessary
Super Pumped: The Battle for Uber. Based on real events, this series dramatizes the rise of Uber and its founder’s approach to business agreements. It showcases rapid deal-making, constant negotiation, and a willingness to abandon partnerships or change course when necessary, reflecting the American logic of prioritizing results and adaptability.
Aquinas + Luther
The Protestant work ethic, closely associated with German culture, advocates for hard work, honesty, and fair dealing. These values stem from the teachings of Martin Luther and other Protestant reformers who emphasized ethical conduct in economic transactions. The concept of the just price can be traced to medieval Christian doctrines, particularly those of Thomas Aquinas, who argued that a fair price is one that reflects the true value of labor and materials, without exploiting either party. This theological perspective persists in German culture, where business transactions are often framed as moral agreements, requiring that prices be justified by objective criteria rather than market manipulation.
Berlin Alexanderplatz
Berlin Alexanderplatz by Alfred Döblin (1929). Franz Biberkopf, an ex-convict, becomes entangled with a criminal gang led by Reinhold, who attempts to manipulate Franz into criminal activities, framing it as a mutually beneficial arrangement. Franz initially tries to assert his autonomy, but Reinhold’s manipulative, transactional approach overwhelms him. The emphasis on reciprocal obligations and maintaining one’s word, even in criminal dealings, underscores the cultural weight given to agreements and commitments in German culture.
get a dog
Wall Street (1987). The film’s protagonist, Bud Fox, and corporate raider Gordon Gekko engage in a series of business deals where alliances are fluid, context is kept minimal, and loyalty is secondary to opportunity. The famous line, “If you need a friend, get a dog,” underscores the transactional, exit-ready mindset prevalent in American business culture.