I originally came from Dresden, where Socialist Realism prevailed. Konrad Lueg and I came up with it, for the most part ironically, since I now live in capitalism. It was certainly 'realism', but in another form - the capitalist form, as it were. It wasn't meant that seriously. It was more a slogan for that particular Happening at a furniture store.
Gerhard Richter, Dietmar Elger, Hans-Ulrich Obrist (2009). “Gerhard Richter: writings 1961-2007”, Distributed Art Pub Inc