July 15, 2006, Bertelsmann-congress in Hamburg - Herbert Schui talks about the way neoliberalism established itself. If nothing else, the lacking consequence of neo-keynesian policies (that should have proceeded to nationalization in the 1970s) has lead to the victory of neoliberalism.

People with money they can invest, invest it where they get maximum profit. Therefore, all companies are in a race for the highest profits. In the course of this race they rationalize: wages are lowered, the work gets intensified, people are sacked etc. Those who appropriate the profits get more and more money that way, while the others - including the public budgets - have less and less at hand.