This brief commission speaking turn questions how a proposed formulation limits the state’s investment discretion. Addressing another participant, Lederer identifies its implication:
Lederer: Nach Ihrer Formulierung wäre dem Staat die Wahl nur bei den Investitionen gegeben, bei denen der Unternehmer oder der Kapitalmarkt zurückhaltend ist.
English translation: Lederer: Under your formulation, the state would have a choice only in those investments where the entrepreneur or the capital market is hesitant.
His conditional wording tests the proposal rather than endorsing it. The intervention makes state action contingent on private reluctance, exposing a distinction between independent public investment choice and a residual role where private initiative falters. The single sentence supplies no alternative policy or developed argument.
This work was divided into 1 sections when it entered the library's research corpus—an apparatus for search and citation, not necessarily the author's own table of contents. Each title opens its summary.
Put a question to this work; the Librarian answers from its 1 sections and cites the passage.
Ask the Librarian