Book cover: Capitalism with a Constitution by Joachim Enders — a brass compass resting on a map
Advance Reader Edition · With a Foreword by Jörg Bode, former Economics Minister of Lower Saxony

Capitalism with a Constitution

How Germany built prosperity for all, how its politicians broke it — and what America can learn.

Joachim EndersEconomist · Strategist · Pilot
Download the eBook (EPUB)
Free advance reader draft · approx. 190 pages · English

About the Book

In 1948, standing in the rubble of a destroyed country, Germany's founders designed a third way between unfettered capitalism and socialism: the social market economy — capitalism with a constitution. It produced the economic miracle, financed reunification, and sailed through crises that broke other economies. Then, decision by decision, German politicians abandoned their own formula. Today the world asks: what happened to Germany?

Joachim Enders answers from the inside — as an economist, strategy consultant, and pilot who has watched his country from the boardroom and from the cockpit. The diagnosis: it was never the model that failed, but the fidelity to it. And that is precisely why the formula matters for America now — in the age of Big Tech, energy transitions, and fractured trade.

“Instead of ordering policy, we got symbolic politics. Instead of rules, we got interventions. Instead of responsibility, we got costs shifted onto future generations. This book is a wake-up call.” From the foreword by Jörg Bode, former Economics Minister of Lower Saxony, Germany