Co-determination is not the only, and not even the major, culprit for Volkswagen's woes. But it has sounded an early warning that it's a model due for a major revamp.

Well, OK, if codetermination is not even the major culprit for VW's woes, let alone the whole German economy's, then why are they wasting time piling on? Why don't they write about the REAL problems with the German economy?

I guess I shouldn't complain about the piece so much, since at least IHT is pretty even-handed in putting forth the benefits of the system.

And there may indeed be a problem with too-cozy insider relationships at the top of German firms. But that's hardly a problem that switching to the "Anglo-Saxon" model is going to solve.