Download or read book The Social Market Economy written by Peter Koslowski and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Freedom with Responsibility written by Anthony James Nicholls and published by Oxford University Press. This book was released on 2000 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Relevance of the Concept of the Social Market Economy written by Frans Pennings and published by . This book was released on 2019 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Rebuilding Germany written by James C. Van Hook and published by Cambridge University Press. This book was released on 2004-05-10 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book German Neo Liberals and the Social Market Economy written by Alan T. Peacock and published by Springer. This book was released on 1989-08-21 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a collection of ten essays in which the authors assess the contribution of the German Ordo-liberals fifty years after the founders of the liberal movement in Germany stated their aims and objectives. The Ordo-liberals were a group of liberal economic and legal thinkers in the Federal Republic of Germany who came into prominence as a result of their influence on, and participation in, post-war economic policy in the Federal Republic when Ludwig Erhard was Minister for Economic Affairs and, later, Chancellor. They became known as Ordo-liberals because of their commitment to designing the appropriate economic and legal system. The essays in this volume consider not only the philosophy of the Ordo-liberals and their concept of the social market economy, but are also concerned with the contribution of the Ordo-liberals to more practical problems. The role of the public sector, the control of mergers and monopolies and the problem of sound money are among the topics considered, as well as the views of the Ordo-liberals on the international order. Many of the authors of these essays are well known internationally and they represent a wide range of contemporary liberal thought. The book will be warmly welcomed by students and scholars interested in economic philosophy and the place of liberalism in contemporary thought. The essays in this volume have been translated from the German in order to bring to the notice of a wider public the views of a group of German liberal economic and legal thinkers. This group of economists and lawyers came into prominence as a result of their influence on, and participation in, post-war economic policy in the Federal Republic of Germany when Ludwig Erhard was Minister for Economic Affairs and, later, Chancellor. Seventeen essays have been selected to express the thoughts of the group who, because of their commitment ot designing the appropriate economic and legal order system, became known as Ordo-liberals. The essays deal with a wide range of contemporary problems, such as the control of monopolies, the problem of the welfare state and the need for self-help, the role of the trade unions in industrial societies, as well as with the more philosophical question of whether capitalist and communist systems are moving closer together in their approach to economic problems to such an extent that they will eventually converge. This book will be of interest to all those who are concerned with contemporary problems both at practical and philosophical levels.
Download or read book Prosperity Through Competition written by Ludwig Erhard and published by Ludwig von Mises Institute. This book was released on 1958 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The EU Social Market Economy and the Law written by Delia Ferri and published by Routledge. This book was released on 2018-07-20 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investigating the extent to which the European Union can be defined as a "highly competitive social market economy", this edited collection illustrates and tests the constitutional reverberations of Art. 3(3) of the Treaty on the European Union, and discusses its actual and potential transformative effect. In the aftermath of Brexit, and in the 60th anniversary of the Treaty of Rome, the book is particularly timely and topical, offering new and deeper insights on the complex and constantly evolving social dimension of the EU, ultimately reflecting on how the objective of (re)constituting the EU as a "highly competitive social market economy" might best be achieved.
Download or read book The Social Market Economy written by Peter Koslowski and published by Springer. This book was released on 2011-12-22 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Market State and Community written by David Miller and published by Clarendon Press. This book was released on 1989-11-23 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can we conceive of a market economy that fulfils the ideals of socialism? In this book, David Miller provides a comprehensive examination, from the standpoint of political theory, of an economy in which market mechanisms retain a central role, but in which capitalist patterns of ownership have been superseded.
Download or read book Smart Cities and the UN SDGs written by Anna Visvizi and published by Elsevier. This book was released on 2021-04-27 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Smart Cities and the UN's SDGs explores how smart cities initiatives intersect with the global goal of making urbanization inclusive, resilient, and sustainable. Topics explored include digital governance, e-democracy, health care access, public-private partnerships, well-being, and more. Examining smart cities concepts, tools, strategies, and obstacles and their applicability to sustainability, the book exposes key structural problems that cities face and how the imperative of sustainability can bypass them. It shows how smart city technological innovation can boost citizens' well-being, serving as a key reference for those seeking to make sense of the issues and challenges of smart cities and SDGs. Includes numerous case studies from around the world Features interdisciplinary insights from academic and practitioner experts Offers an extensive literature review
Download or read book A Future for the American Economy written by and published by Stanford University Press. This book was released on 1991-04 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Social Market Economy written by Stefan Sorin Muresan and published by Springer. This book was released on 2014-11-25 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book presents the economic policy model known as “Social Market Economy” in Germany, the country where it originated. Although the model has since been adopted as core objective in the EU Treaty of Lisbon, experts still disagree on its exact nature. The author contributes to this debate by presenting the German economic system from an external perspective and looking at the extent to which it enabled the country increase its weight in international relations. The system ́s history, identity, political and economic concepts, including ordoliberalism, are analyzed. Its potential and shortcomings are assessed by comparing it to other forms of capitalism. A brief enquiry is made into whether the "Social Market Economy", or aspects of it, are applicable to other countries, including in Eastern Europe. Providing both theoretical and practical aspects, the book offers a valuable resource for researchers, public administration professionals, and policymakers.
Download or read book The Socialist Market Economy in Asia written by Arve Hansen and published by Springer Nature. This book was released on 2020-10-26 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is intended for policy-makers, academics and students of development studies, area studies, political economy, geography and political science. Three of the best global performers in terms of economic growth are authoritarian states led by communist parties. The ‘socialist market economy’ model employed in China, Vietnam and Laos performs better than the economic systems in countries at a similar level of income per capita on a wide range of development indicators, yet market reforms and governance failures have led to highly unequal societies and significant environmental problems. This book presents the first comparative study of development in these three countries. Written by country experts and scholars of development studies, it explores the ongoing quest for market versus state within their model, and the coherence of their development. Chapter 5 is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.
Download or read book The Social Market Economy written by Robert Skidelsky and published by . This book was released on 1989 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Understanding Business written by Vivek Suneja and published by Psychology Press. This book was released on 2000 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do markets work? This reader introduces the student to the workings of the market, explaining both the reasons for its success and its shortcomings. Throughout, the text encourages a critical approach demonstrating the diversity of market economies. In particular it explores: the social nature of market economies the range of approaches to the study of the market: Marxist, Austrian, Keynesian and institutional economics are discussed as alternatives to the neo-classical mainstream the differences between Anglo-American, European and Asian economic models the historical development of markets globalisation: its extent and its impact the costs and the benefits of markets With chapters by Will Hutton, John Gray and Eric Hobsbawm, this reader provides an excellent introduction.
Download or read book Varieties of Capitalism written by Peter A. Hall and published by Oxford University Press. This book was released on 2001 with total page 557 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.
Download or read book The Illusion of Free Markets written by Bernard E. Harcourt and published by Harvard University Press. This book was released on 2011-05-01 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is widely believed today that the free market is the best mechanism ever invented to efficiently allocate resources in society. Just as fundamental as faith in the free market is the belief that government has a legitimate and competent role in policing and the punishment arena. This curious incendiary combination of free market efficiency and the Big Brother state has become seemingly obvious, but it hinges on the illusion of a supposedly natural order in the economic realm. The Illusion of Free Markets argues that our faith in “free markets” has severely distorted American politics and punishment practices. Bernard Harcourt traces the birth of the idea of natural order to eighteenth-century economic thought and reveals its gradual evolution through the Chicago School of economics and ultimately into today’s myth of the free market. The modern category of “liberty” emerged in reaction to an earlier, integrated vision of punishment and public economy, known in the eighteenth century as “police.” This development shaped the dominant belief today that competitive markets are inherently efficient and should be sharply demarcated from a government-run penal sphere. This modern vision rests on a simple but devastating illusion. Superimposing the political categories of “freedom” or “discipline” on forms of market organization has the unfortunate effect of obscuring rather than enlightening. It obscures by making both the free market and the prison system seem natural and necessary. In the process, it facilitated the birth of the penitentiary system in the nineteenth century and its ultimate culmination into mass incarceration today.
