[PDF] The Relevance Of The Concept Of The Social Market Economy eBook

Author : Peter Koslowski
Publisher : Springer
Page : 380 pages
File Size : 12,17 MB
Release : 1998-03-18
Category : Business & Economics
ISBN :

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The social market economy forms a fundamental theory of the market economy and an integrated economic and ethical theory of the economic order in which the political and societal conditions for the working of the market are included in the theory of the market economy. The social market economy is presented as a universal theory of the decisions to be made about the economic order in all cultures and is analysed in its basic theoretical foundations and in its application to the transition process from the planned to the market economy, particulary in the privatisation of socialised property in Russia and former East Germany. Leading German and Russian experts in the field as well as four classical texts present a systematic analysis of the social market economy from the point of view of economics, law, and ethics.

Author : Anthony James Nicholls
Publisher : Oxford University Press
Page : 442 pages
File Size : 31,8 MB
Release : 2000
Category : Germany
ISBN : 9780198208525

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This book goes behind the success story of the Federal Republic of Germany since the Second World War to examine the principles underpinning the so-called "economic miracle." A.J. Nicholls examines the intellectual origins and history of the concept of the Social Market Economy, and its implementation in the difficult years of post-war devastation and recovery in West Germany. He traces the struggle of liberal economists to assert their ideas in the unfavorable circumstances from 1933 to 1948, when they triumphed with Erhard's implementation of a policy of liberalization following currency reform. The book analyzes the extent to which West Germany's economic success was due to Erhard's policies, and assesses his attempts to attain the goals of the social market up to 1963, when he became Federal Chancellor. Nicholls's study makes an important contribution to our understanding of the historical dynamics of the German economy and the political culture of the Federal Republic.

Author : Frans Pennings
Publisher :
Page : 6 pages
File Size : 34,26 MB
Release : 2019
Category :
ISBN :

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This article discusses the contributions of this Special Issue on the relationship between social and economic values and rights. It shows that the contributions are illustrative of the various ways in which the social market economy concept is, and could be, approached. In preparation for this Special Issue, several meetings and a work conference were organised, in which drafts of the contributions were discussed. However, this did not result in a uniform concept or uniform approaches. This diversity in viewpoints mirrors the different ways in which the concept of the social market economy can be perceived. There is no single, uniform approach, but a richness in diversity, hopefully deepening a common understanding of what the social market economy is. We expect that the contributions of this Special Issue are thus a valuable contribution to the debate on the meaning of the social market economy concept in the European Union. In this concluding article I compare the different approaches brought forward in the contributions, identify differences and similarities, and in this way show how the concept of the social market economy is useful to develop the various disciplines further. This interpretation is the sole responsibility of the author.

Author : David Miller
Publisher : Oxford University Press
Page : 392 pages
File Size : 19,4 MB
Release : 1990
Category : Business & Economics
ISBN : 9780198278641

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David Miller makes a comprehensive analysis of an economy in which market mechanisms retain a central role, but in which capitalist patterns of ownership have been superceded. He provides a clear, coherent statement of the theoretical basis of market socialism, and justifies it as a viable political option.

Author : Fouad Sabry
Publisher : One Billion Knowledgeable
Page : 318 pages
File Size : 28,43 MB
Release : 2024-02-10
Category : Business & Economics
ISBN :

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What is Market Economy A market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price signals created by the forces of supply and demand. The major characteristic of a market economy is the existence of factor markets that play a dominant role in the allocation of capital and the factors of production. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Market economy Chapter 2: Capitalism Chapter 3: Economic calculation problem Chapter 4: Free market Chapter 5: Mixed economy Chapter 6: Private property Chapter 7: Laissez-faire Chapter 8: Economic interventionism Chapter 9: Social market economy Chapter 10: Economic system Chapter 11: Criticism of socialism Chapter 12: Anglo-Saxon model Chapter 13: Lange model Chapter 14: Economic planning Chapter 15: Economic ideology Chapter 16: Production for use Chapter 17: Perspectives on capitalism by school of thought Chapter 18: Social ownership Chapter 19: Market socialism Chapter 20: Socialist economics Chapter 21: Socialist calculation debate (II) Answering the public top questions about market economy. (III) Real world examples for the usage of market economy in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Market Economy.

Author : Fouad Sabry
Publisher : One Billion Knowledgeable
Page : 151 pages
File Size : 42,89 MB
Release : 2024-01-10
Category : Business & Economics
ISBN :

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What is Social Market Economy Social market economy, also known as Rhine capitalism, Rhine-Alpine capitalism, the Rhenish model, and social capitalism, is a socioeconomic model that combines a free-market capitalist economic system with social policies and sufficient regulation to establish both fair competition within the market and generally a welfare state. Other names for this model include social capitalism, Rhine capitalism, Rhine-Alpine capitalism, and social capitalism. A regulated market economy is a classification that is occasionally applied to it. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Social market economy Chapter 2: Ludwig Erhard Chapter 3: Wilhelm Röntgen Chapter 4: Ordoliberalism Chapter 5: Franz Oppenheimer Chapter 6: Anglo-Saxon model Chapter 7: Walter Eucken Chapter 8: Franz Böhm Chapter 9: Alfred Müller-Armack Chapter 10: Freiburg school Chapter 11: ORDO (journal) Chapter 12: Werner Abelshauser Chapter 13: Herbert B. Schmidt Chapter 14: Centre for European Policy Chapter 15: Freiburg Circles Chapter 16: Lars Feld Chapter 17: Economic Council Germany Chapter 18: Edith Eucken-Erdsiek Chapter 19: Matthias Zimmer Chapter 20: Joachim Starbatty Chapter 21: Ludwig Erhard Foundation (II) Answering the public top questions about social market economy. (III) Real world examples for the usage of social market economy in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of social market economy.

Author :
Publisher : Stanford University Press
Page : 440 pages
File Size : 40,49 MB
Release : 1991-04
Category : Business & Economics
ISBN : 0804770395

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The American economy is filled with so many contradictions today that it foils the best prophecies and most sophisticated forecasts by economists. This book is about those contradictions and the directions the economy could take in the future. In particular, it is about the central contradiction: government control and market freedom. How this contradiction is resolved is important not only for the United States but ultimately for countries around the world. The main thesis of this book is that social factors--rather than purely economic factors--are at the root of the contradiction between market freedom and government control. The author argues that the way markets are socially organized is critical to their capacity for operating independent of government controls. In essence, the social organization of the private economy is the key to the free market system. The economy can function more productively and humanely if efforts are made to reduce state controls and create a market system that is socially self-regulated. Important first steps in this direction are readily observable. The author evaluates two important trends in corporate self-management--worker participation and co-ownership--presenting evidence that these trends are both in the corporate self-interest and in the public interest. Self-regulation is beginning at the intercorporate level, where firms compete and collaborate profitably in trade associations. New cooperative associations of small firms are shown to out-compete conglomerates through value-adding partnerships that utilize information technology and require the establishment of cooperative norms. Self-regulation is advanced through social investment, the allocation of capital by combining ethical and economic criteria. Over $450 billion is now being invested with ethical guidelines, suggesting that a balance of social and economic factors will be a vital part of investment practice in the future. The author suggests that if the United States wants to retain a vital economy at home, it must carefully examine the advantages of the social organization of world finance and encourage the power of world markets to regulate themselves without destroying local and national economies.

Author : James C. Van Hook
Publisher : Cambridge University Press
Page : 330 pages
File Size : 25,74 MB
Release : 2004-05-10
Category : History
ISBN : 1139452193

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The social market economy has served as a fundamental pillar of post-war Germany. Today, it is associated with the European welfare state. Initially, it meant the opposite. Rebuilding Germany examines the 1948 West German economic reforms that dismantled the Nazi command economy and ushered in the fabled 'European Miracle' of the 1950s. Van Hook evaluates the US role in German reconstruction, the problematic relationship of Chancellor Konrad Adenauer and his economics minister, Ludwig Erhard, the West German 'economic miracle', and the extent to which the social market economy represented a departure from the German past. In a nuanced and fresh account, Van Hook evaluates the American role in West German recovery and the debates about economic policy within West Germany, to show that Germans themselves had surprising room to shape their economic and industrial system.