Word: communists
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That's true. While the cost of housing can be an obsession in other cities, Berlin's plentiful supply of inexpensive pads is a key factor in its appeal. A big overhang of cheap apartments and abandoned factories and warehouses in the formerly communist eastern half has depressed prices throughout the city. Studio space is to be had for next to nothing. Even in Mitte, the center of Berlin's new Szene, newly renovated apartments rent for less than one quarter of what you'd pay in London. That's a big draw. But Berlin isn't just cheap. Some...
...found in the traditional mass market," as the Berlin company's founders, Angela Spieth and Michael Oehler, put it. Especially in parts of Mitte, there's been a mini-invasion of BMWs and Mercedes in smartly restored streets that just a few years ago were pockmarked legacies of communist-era neglect...
...moved out into what had been leafy suburbs and the center of commercial life moved west. Now the city's focal point has shifted back east again, but it's an evolving process. There are still large areas of the eastern part of town that are filled with hideous communist-era concrete blocks, or just big holes waiting to be filled...
Could the world's lone but weary superpower actually learn something from China? It's a politically incorrect question, of course. China is an authoritarian nation; its ruling Communist Party deals ruthlessly with any challenge to its hegemony. It remains, relatively speaking, a poor, developing country with huge problems to confront, massive corruption and environmental degradation being Nos. 1 and 1a. Still, this is a moment of humility for the U.S., and China is doing some important things right. If the U.S. were to ask the Chinese what it could learn from their example, it might gain some insight into...
...thousands of people in order to build a massive dam, as China did in Hubei province from 1994 to 2006. (The value of checks and balances is, in fact, among the many things China could learn from the U.S.) But you don't have to be a card-carrying communist to wonder how effectively the U.S. develops and executes ambitious projects. Ask James McGregor. He's a former chairman of the American Chamber of Commerce in China and now a business consultant who divides his time between the two countries. "One key thing we can learn from China is setting...