virtue and effort

The Protestant work ethic, brought to America by early Puritans and other settlers, reinforced the idea that hard work and economic success are signs of divine favor. This theological perspective aligns closely with capitalist ideals, suggesting that market success is a reflection of personal virtue and effort. Consequently, prices determined by the market are perceived as just rewards for one’s labor and entrepreneurial skill, rather than as fixed, objective values.

Strukturierung

The German term Strukturierung conveys the concept of structuring; logical and clear organization of topics or processes. It is culturally significant because Germans often insist on well-organized meetings and documents.

right to negotiate

American law, particularly contract law, emphasizes the freedom to negotiate and bargain without state interference. The principle of caveat emptor, or let the buyer beware, underscores the expectation that both parties in a transaction are responsible for establishing a fair price. Unlike German law, which may emphasize fairness and transparency, American law prioritizes individual autonomy and the right to negotiate based on perceived value.

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.

laissez-faire capitalism

The American faith in market forces was solidified during the Gilded Age, a period characterized by rapid industrialization, economic expansion, and laissez-faire capitalism. Entrepreneurs like John D. Rockefeller and Andrew Carnegie amassed vast fortunes through aggressive pricing strategies, demonstrating that the market, not moral or ethical considerations, was the ultimate arbiter of value.

Price

Americans do not believe that there is such a thing as an objective price. They believe that market forces should determine price. And that means negotiation.

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