Tradition und globale Perspektiven der sozialen Marktwirtschaft
, Frankfurt/New York, Campus.
See his article "Soziale Marktwirtschaft
, Wirschaftsspiegel (Wiesbaden), December 15, 1947.
The fantastic revival in German fortunes is generally held to be a result of his policy of Marktwirtschaft
The Hegelian concept of a market economy with a social component is enshrined in the modern German constitution, which proclaims that the Federal Republic is to be a Soziale Marktwirtschaft
, or "social market economy.
Experiences and perspectives after fourty years of social market economy were re-examined at the annual meeting of the German Economic Association in 1988: Wahrungsreform und soziale Marktwirtschaft
The first, the welfare state, implies also the idea of a Soziale Marktwirtschaft
(social market economy), which is even perceived as a CDU invention.
Kapitalismus--Eine Liebeserklarung: Warum die Marktwirtschaft
Uns Allen Nutzt
1991), Privatisierung in Mittel- und Osteuropa: Konzepte fur den Hindernislauf zur Marktwirtschaft
, Kiel, Discussion Paper No.
The Soziale Marktwirtschaft
, supported and developed by both social democrats and Christian democrats, was centrally committed to the establishment of the conditions for fair market competition - including the practice of codetermination by employers and employees - and to a substantial and effective social welfare safety net.
Alfred Muller-Armack, "Soziale Marktwirtschaft
," in Handworterbuch der Sozial-wissenschaften 9, 243-49, 243 (Stuttgart: Fischer 1956) [Witt's translation of the entry "Social Market Economy" in the Handworterbuch der Sozialwissen-schaften in "Germany's 'Social Market Economy': Between Rent-Seeking and Social Ethos," 367].
Some important examples: the Heritage Foundation (USA), the Manhattan Institute (USA), the Fraser Institute (Canada), Stiftung Marktwirtschaft
(Germany), Center for a New Europe (Brussels).
Speth, Rudolf (2004): Die politischen Strategien der Initiative Neue Soziale Marktwirtschaft
, Dusseldorf: Hans-Bockler-Stiftung.