The Social Market Economy and the European Union

2016 ◽  
Author(s):  
Ignacio Herrera Anchustegui
Keyword(s):  
European Union ◽  
Market Economy ◽  
Social Market Economy ◽  
The European Union ◽  
The Social ◽  
Social Market

Ideas, Institutions and Organized Capitalism: The German Model of Political Economy Twenty Years after Unification

2010 ◽  
Vol 28 (2) ◽  
pp. 130-150 ◽  
Author(s):  
Christopher S. Allen
Keyword(s):  
European Union ◽  
Market Economy ◽  
German Economy ◽  
First Century ◽  
Social Market Economy ◽  
The European Union ◽  
Early Twenty ◽  
German Model ◽  
Severe Recession ◽  
Social Market

For much of the past two decades since unification, the literature on the German economy has largely focused on the erosion of the German model of organized capitalism and emphasized institutional decline and the corresponding rise of neoliberalism. The first part of the article analyzes the strains unification placed on German economic performance that caused many observers to call for modification of the model in a more neo-liberal direction. The second part takes a different focus and lays out the main rationale of the paper. It inquires why such a coordinated market economy was created in the first place and whether a renewed form of it might still be useful for Germany, the European Union, and other developed democracies in the early twenty-first century. The third section articulates the origins of the institutional and ideational components of these coordinated market economy models, during both the Bismarckian and Social Market Economy periods. The final portion inquires whether the failure of the contemporary liberal market economy approach in the wake of the worldwide financial crisis and severe recession represents a possible opening for the creation of a third coordinated market economy not only for Germany but for a redesigned European Union.

scholarly journals Economic Constitution of the European Union, before and after Lisbon (between the principle of Competition and the “Social Market Economy”)

2017 ◽  
Vol 3 (1) ◽  
pp. 114-129
Author(s):  
Pedro Madeira Froufe
Keyword(s):  
European Integration ◽  
Market Economy ◽  
Internal Market ◽  
Social Market Economy ◽  
The European Union ◽  
Economic Constitution ◽  
The Social ◽  
Before And After ◽  
Social Market ◽  
The Eu

This paper registers some notes and interrogations concerning the express legal enshrinement of the concept of Social Market Economy. It highlights the ordoliberal origin of this concept and questions its meaning – associated with a certain loss of intensity from the clear proclamation of the principle of Competition – in terms of the economic ordination of the Internal Market and European integration. However, the question to be asked brings us back to the effective and contextualised characterisation in the current moment of European integration – the economic Constitution of the EU. Will there be, then, a change of the ideological referential in the economic constitution of the EU and, consequently, in the paths that are intended to be trailed in the future? Or, instead, is the emergence of the express enshrinement in the Treaty of the “Social MarketEconomy” not indicative of a shift of perspective (sense of direction) of the economy in the Internal Market, but only an evolution in continuance?

Freedom with Responsibility: The Social Market Economy in Germany, 1918- 1963.

1995 ◽  
Vol 105 (432) ◽  
pp. 1294
Author(s):  
Keith Tribe ◽  
A. J. Nicholls
Keyword(s):  
Market Economy ◽  
Social Market Economy ◽  
The Social ◽  
Social Market

scholarly journals Civil Economy in the Social Market Economy: a Theoretical Perspective

2018 ◽  
Vol 6 (1) ◽  
pp. 87-98
Author(s):  
Flavio Felice
Keyword(s):  
Political Theory ◽  
Market Economy ◽  
Theoretical Perspective ◽  
The State ◽  
Social Market Economy ◽  
The Social ◽  
The Galaxy ◽  
Civil Economy ◽  
State And Market ◽  
Social Market

Abstract What do we mean by “civil” and “civil society”? This paper attempts to describe a complex notion of “civil economy” in Sturzo’s theoretical perspective of the social market economy. According to this political theory, “civil” is not opposed to “market,” which is not opposed to “the political” (the state). Rather, instead of being the transmission belt between the state and market, civil is the galaxy in which we find also the market and the state (but not only), each with its own functions. This tradition – rooted in Christianity – was able to oppose both Nazi and communist totalitarianism, while many Catholics made an impossible attempt to exhume corporatism.

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