Are the supporters of socialism the losers of capitalism?

Deter, Max and Lange, Martin (2022) Are the supporters of socialism the losers of capitalism? LSE Business Review (05 Sep 2022). Blog Entry.

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Abstract

Does a country’s democratisation have a long-lasting impact on former supporters or opponents of the bygone regime? Previous studies have been inconclusive. Max Deter and Martin Lange analyse how former supporters and opponents of the socialist German Democratic Republic (GDR) performed within the market-based democracy of reunified Germany. Protesters, who helped to overthrow the socialist regime, show higher life satisfaction and better labour market outcomes after reunification. Former members of the ruling socialist party and employees in state-supervised sectors became substantially less satisfied.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/businessreview/
Additional Information:	© 2022 The Author(s)
Divisions:	LSE
Subjects:	H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management H Social Sciences > HB Economic Theory
Date Deposited:	17 Nov 2022 15:12
Last Modified:	14 Sep 2024 03:44
URI:	http://eprints.lse.ac.uk/id/eprint/117012

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