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Social Market Economy Is Not an Oxymoron
SSRN Electronic Journal, 2014“Continental law is irrational. American law is irresponsible.” With this phrase, Christoph Engel has described the prejudices on both sides of the Atlantic regarding legal science. Indeed, both legal systems seem to have noticed a need to correct these failures.
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Ordoliberalism and the social market economy
2021[Introduction] Contrary to its usage in current political discourse, the term neoliberalism originally referred to those schools of economic thought that opposed laissez-faire liberalism and wanted to assign a more active role to the state. Faced with the economic turmoil of the late 19th and early 20th century - including the poverty of the working ...
Feld, Lars P. +2 more
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Social Policy and the Social Market Economy
1989The title I have been given invites the inference that there are principles of ‘social policy’ and principles of the ‘market economy’ which, when integrated, provide the overall guiding principles of the ‘social market economy’ and that my task should consist of the identification of those principles as well as the evaluation of actual ‘social ...
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The Basis of The ‘Social – Market’ Economy
Annals of Humanities and Development Studies, 2013In this paper, I argue that the foundation of the social-market economy is the need to overcome the shortcomings of capitalism and Marxian socialism, two popular and conflicting socio-economic models as well as the possibility of combining cooperativism and social democracy.
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Evolution of the Social Market Economy
1989The work on the theory of economic systems and on the resulting policy in Germany as well as its outcome can only be fully understood by considering the situation of economics and economic policy at the beginning of the 1930s and during the following decade.
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Capitalism, Socialism and the Social Market Economy: Comment
Review of Social Economy, 1969(1969). Capitalism, Socialism and the Social Market Economy: Comment. Review of Social Economy: Vol. 27, No. 1, pp. 37-40.
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The social market economy. Relevance in a globalized economy
2020The Soziale Marktwirtschaft has represented the backbone of the economic policy of the Federal Republic of Germany since the immediate post-war years. Indeed, the economic policies implemented by politicians such as Konrad Adenauer and Ludwig Erhard were explicitly guided by the ideas developed by a group of eminent economists and social thinkers ...
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The Meaning of the Social Market Economy
1989Since the currency reform of 1948, the economic policy of the Federal Republic has been conducted under the banner of the ‘social market economy’. This term has since been used to describe the overall conception of economic policy developed primarily by the then Federal Minister for Economic Affairs, Ludwig Erhard. In 1949 the guiding principles of the
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MARKET ECONOMY vs. SOCIAL ECONOMY
FBIM Transactions, 2014Kristijan Ristić, Žarko Ristić
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