D. Policies to Promote the Market Economy, Competition, and Economic Autonomy
The performance and innovative capacity of the economy is determined to a large extent by the functionality of competition and the diversity of business initiatives. The creativity, entrepreneurial daring, and adaptability of small and medium-sized businesses make them indispensable promoters of economic and social progress. For these reasons, special attention must be paid in the coming years to supporting economic autonomy and making risk-capital available.
– Reduce unnecessary regulation and bureaucracy in all areas of the economy and shift more services previously bid for publicly to the private sector; maintain tight limitations on the postal service monopoly (no expansion into the terminal market).
– Despite the difficult economic and labor market situation, no easing of competition policies and no granting of maintenance subsidies. Continuation of the struggle against business concentration in order to avoid other financial rescue-cases like AEG.
– Improved material and immaterial promotion of economic autonomy, especially new commercial businesses.
– Reorientation of property policy through relatively strong promotion of participation in productive capital.
[ . . . ]
Source: Manfred Schell, Die Kanzlermacher. Erstmals in eigener Sache: Otto Graf Lambsdorff et al. [The Chancellor-Makers. Speaking Out for the First Time: Otto Graf Lambsdorff et al.] Mainz, 1986, pp. 27-47.
Translation: Allison Brown