Philosophy Dictionary of ArgumentsHome | |||
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Social market economy: The social market economy is an economic system that combines free market forces with state intervention for social protection. It promotes competition and entrepreneurship while supporting social justice, equal opportunities and an appropriate distribution of resources. The state regulates markets to ensure fair conditions, but also enables individual entrepreneurial freedom. See also Economic systems, Society, Economy, State._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Alfred Müller-Armack on Social Market Economy - Dictionary of Arguments
Mause I 72 Social market economy/Müller-Armack: Based on Ordoliberalism, Alfred Müller-Armack (1901-1978) developed the concept of a social market economy in which market freedom and social balance are to be combined. (1) Problem: the attribute "social" is difficult to define and blurred. VsOrdoliberalism: Ordoliberalism as a whole can be accused of theoretical blurriness. Therefore, it found little recognition outside Germany. Within Germany, too, it was increasingly displaced by neoclassicism. >Liberalism, >Neoclassical economics, >Social policy. 1. A. Müller-Armack, Die Wirtschaftsordnungen sozial gesehen. Ordo 1, 1948: 125– 154._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
EconMüll I Alfred Müller-Armack Die Wirtschaftsordnungen sozial gesehen 1948 Mause I Karsten Mause Christian Müller Klaus Schubert, Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018 |