AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min snip
322: East Germany: Life Behind the Iron Curtain
The Rest Is History
East Germany's Economic Struggles in the 1980s
In the 1980s, East Germany faced economic challenges as they aimed to create a socialist society with affordable basic necessities for all. The population, however, started to feel resentment towards the West as they perceived a disparity in living standards. The East German government under Hannegger tried to balance providing free education and social benefits with offering luxury goods like color TVs and radios, which only a small portion of the population in the West could afford. This attempt to provide both necessities and luxuries to everyone led to economic overextension, revealing the unsustainable economic model by the 1980s.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode