Support 100 years of independent journalism.

  1. Politics
2 July 2010

Why I’m glad Germany defeated England

This was a victory for the social market over Anglo-Saxon capitalism.

By Peter Wilby

Rejoice, rejoice at Germany’s emphatic World Cup victory over England!

Stefan Szymanski, an economist, NS contributor and co-author of a book called Why England Lose, pointed out in the Times that the English Premier League, from which most England players are drawn, is “the child of the Anglo-Saxon model of capitalism”: highly priced, barely regulated, controlled by plutocrats, marketed worldwide, full of extravagantly remunerated foreigners.

The Bundesliga, on the other hand, comprises highly regulated clubs (subject to strict national rules on what they spend) owned by local fans. The players include a large proportion of home-grown products.

The World Cup match, concluded Szymanski, was a contest between “the liberal British model” and “the German model of social democracy”. Thank God our side won. The left doesn’t have much to celebrate these days.

Sign up for The New Statesman’s newsletters Tick the boxes of the newsletters you would like to receive. Quick and essential guide to domestic and global politics from the New Statesman's politics team. The best of the New Statesman, delivered to your inbox every weekday morning. The New Statesman’s global affairs newsletter, every Monday and Friday. A handy, three-minute glance at the week ahead in companies, markets, regulation and investment, landing in your inbox every Monday morning. Our weekly culture newsletter – from books and art to pop culture and memes – sent every Friday. A weekly round-up of some of the best articles featured in the most recent issue of the New Statesman, sent each Saturday. A weekly dig into the New Statesman’s archive of over 100 years of stellar and influential journalism, sent each Wednesday. Sign up to receive information regarding NS events, subscription offers & product updates.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy

This news commentary appears in Peter Wilby’s First Thoughts column in the current edition of the New Statesman.

Special subscription offer: Get 12 issues for £12 plus a free copy of Andy Beckett’s “When the Lights Went Out”.