Origins And Change Of The Social Market Economy

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Origins and Change of the Social Market Economy

Author : Jürgen G. Backhaus
Publisher : Springer Nature
ISBN 13 : 3031392108
Total Pages : 209 pages
Book Rating : 4.0/5 (313 download)

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Book Synopsis Origins and Change of the Social Market Economy by : Jürgen G. Backhaus

Download or read book Origins and Change of the Social Market Economy written by Jürgen G. Backhaus and published by Springer Nature. This book was released on 2023-09-30 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume addresses the theoretical and historical foundations of the German Social Market Economy. Written to commemorate the 75th anniversary of the establishment of the Social Market Economy, chapter contributions discuss the ideas of its theoretical founders—Walter Eucken, Alfred Müller-Armack, Wilhelm Röpke, and Franz Böhm--as well as related influences such as Ordoliberalism, the historical school of economics, and the Catholic social doctrine. In addition, chapters analyze differences and parallels to alternative policy concepts, in particular Keynesianism. Finally, the volume turns toward contemporary discussions of the Social Market Economy in the present political and economic context, specifically its ability to cope with current challenges. Providing rich context for the establishment of Germany’s contemporary economic system, this volume will be of interest to researchers and students of political, social and economic systems, the history of economic thought, and political history.

The Market System, Structural Change, and Efficient Economies

Author : Bodo B. Gemper
Publisher : Transaction Publishers
ISBN 13 : 9781412837729
Total Pages : 212 pages
Book Rating : 4.8/5 (377 download)

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Book Synopsis The Market System, Structural Change, and Efficient Economies by : Bodo B. Gemper

Download or read book The Market System, Structural Change, and Efficient Economies written by Bodo B. Gemper and published by Transaction Publishers. This book was released on with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume's aim is to promote thought in readers interested in what kind of economic policies, market systems, welfare systems, and socialist systems should each pursue under the pressures of accelerating change? Should there be more government or less government? This is the central question addressed by this internationally drawn group of experts. The book features major case studies on the People's Republic of China, Canada, Ghana, Great Britain, South Africa, Taiwan, and West Germany. Contributors include, Richard L. Brinkman, from the United States, James C.W. Ahiakpor and Tillo E. Kuhn from Canada, Dieter Loesch and Herbert Schmidt from Germany, and Geert L. deWet from South Africa. For technical economists interested in world trade, business people concerned with expanding markets, and policy analysts concerned about how technology, culture and politics drive economic systems, this book is essential reading. As the editor points out, indicative targeting, as the latest weapon in the arsenal of economic science, makes it possible to systematically discover signals that could become points of reference--landmarks--for the way into the future. The approach taken by the authors enables us to trace future trends by extrapolating current data onto new territory. It will help the policy maker identify desirable trends and ideas; and at the same time, provides some early warning signals about high-risk trends and patterns. Bodo B. Gemper is professor of economics at the University of Siegen in Germany. He previously edited a Transaction volume, Structural Dynamics of Industrial Policy, and in German, Protectionism in the World Economy.

Make Capitalism History

Author : Simon Sutterlütti
Publisher : Palgrave Macmillan
ISBN 13 : 9783031146473
Total Pages : 0 pages
Book Rating : 4.1/5 (464 download)

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Book Synopsis Make Capitalism History by : Simon Sutterlütti

Download or read book Make Capitalism History written by Simon Sutterlütti and published by Palgrave Macmillan. This book was released on 2022-12-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book presents an alternative to capitalism and state socialism through the modelling of a post-market and post-state utopia based on an upscaling of the commons, feminist political economy and democratic and council-based planning approaches. It discusses the left’s need to explore non-capitalist modes of production, the inability of green or socialist market economies to produce real social and ecological change, and the need to look beyond traditional ideas of reform and revolution. The book discusses how a socio-economic organisation beyond money, wage labour, patriarchal division of work and centralised state planning may look like. It develops an approach to societal transformation based on seed forms of commons practices and social movements. This book will be relevant to activists, students and researchers interested in fundamental social change, political economy and feminist and Marxist economics. This is an open access book.

The Making of the German Post-War Economy

Author : Christian L. Glossner
Publisher : Bloomsbury Publishing
ISBN 13 : 0857714589
Total Pages : 316 pages
Book Rating : 4.8/5 (577 download)

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Book Synopsis The Making of the German Post-War Economy by : Christian L. Glossner

Download or read book The Making of the German Post-War Economy written by Christian L. Glossner and published by Bloomsbury Publishing. This book was released on 2010-02-28 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The years following the end of World War II in Germany were a significant period of change and upheaval. This book on the economic reconstruction of post-war West Germany traces the development of economic and socio-political ideas, and their gradual absorption by mainstream politicians, officials and the general public during the period of transition between 1945 and 1949. In the aftermath of World War II, several German think-tanks, political parties and individuals gave impulse to and then shaped the development of a viable socio-political and economic model between the extremes of laissez-faire capitalism and the collectivist planned economy. In their endeavours to bring into effect their particular economic ideas - often diametrically opposed to one another - the parties of left and right stimulated not only academic and political debate, but also public debate about the political and economic reconstruction of occupied post-war Germany. While all the various neo-liberal approaches assigned to the people sovereign and decisive status in the institutional economic order, and recognised the interdependence of politics, economics and the public, one particular school of economic thought outpaced the others in communicating a model of coordinated economic and social policy, namely the Social Market Economy. Christian Glossner here investigates whether or not it was primarily the subtlety of the political campaign for this model that led to its implementation by the then Economic Council and eventual validation by the German electorate. The programmes published by the principal academic and political groups of the time and the practical day-to-day decisions of the first parliament in post-war Germany are analysed with reference to popular preferences. By examining both the formative involvement of German parties in post-war reconstruction and the role of the public during the process of economic liberalisation, this book provides explanations for why the Social Market Economy prevailed as the socio-political and economic model for the Federal Republic of Germany. It will be of interest to scholars of German, economic and twentieth-century history.

The Socialist Market Economy in Asia

Author : Arve Hansen
Publisher : Springer Nature
ISBN 13 : 9811562482
Total Pages : 358 pages
Book Rating : 4.8/5 (115 download)

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Book Synopsis The Socialist Market Economy in Asia by : Arve Hansen

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.

The Roman Market Economy

Author : Peter Temin
Publisher : Princeton University Press
ISBN 13 : 0691177945
Total Pages : 317 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis The Roman Market Economy by : Peter Temin

Download or read book The Roman Market Economy written by Peter Temin and published by Princeton University Press. This book was released on 2017-09-05 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: What modern economics can tell us about ancient Rome The quality of life for ordinary Roman citizens at the height of the Roman Empire probably was better than that of any other large group of people living before the Industrial Revolution. The Roman Market Economy uses the tools of modern economics to show how trade, markets, and the Pax Romana were critical to ancient Rome's prosperity. Peter Temin, one of the world's foremost economic historians, argues that markets dominated the Roman economy. He traces how the Pax Romana encouraged trade around the Mediterranean, and how Roman law promoted commerce and banking. Temin shows that a reasonably vibrant market for wheat extended throughout the empire, and suggests that the Antonine Plague may have been responsible for turning the stable prices of the early empire into the persistent inflation of the late. He vividly describes how various markets operated in Roman times, from commodities and slaves to the buying and selling of land. Applying modern methods for evaluating economic growth to data culled from historical sources, Temin argues that Roman Italy in the second century was as prosperous as the Dutch Republic in its golden age of the seventeenth century. The Roman Market Economy reveals how economics can help us understand how the Roman Empire could have ruled seventy million people and endured for centuries.

Varieties of Capitalism

Author : Peter A. Hall
Publisher : Oxford University Press
ISBN 13 : 0199247749
Total Pages : 557 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis Varieties of Capitalism by : Peter A. Hall

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.

Freedom From the Market

Author : Mike Konczal
Publisher : The New Press
ISBN 13 : 1620975386
Total Pages : 258 pages
Book Rating : 4.6/5 (29 download)

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Book Synopsis Freedom From the Market by : Mike Konczal

Download or read book Freedom From the Market written by Mike Konczal and published by The New Press. This book was released on 2021-02-02 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: The progressive economics writer redefines the national conversation about American freedom “Mike Konczal [is] one of our most powerful advocates of financial reform‚ [a] heroic critic of austerity‚ and a huge resource for progressives.”—Paul Krugman Health insurance, student loan debt, retirement security, child care, work-life balance, access to home ownership—these are the issues driving America’s current political debates. And they are all linked, as this brilliant and timely book reveals, by a single question: should we allow the free market to determine our lives? In the tradition of Naomi Klein’s The Shock Doctrine, noted economic commentator Mike Konczal answers this question with a resounding no. Freedom from the Market blends passionate political argument and a bold new take on American history to reveal that, from the earliest days of the republic, Americans have defined freedom as what we keep free from the control of the market. With chapters on the history of the Homestead Act and land ownership, the eight-hour work day and free time, social insurance and Social Security, World War II day cares, Medicare and desegregation, free public colleges, intellectual property, and the public corporation, Konczal shows how citizens have fought to ensure that everyone has access to the conditions that make us free. At a time when millions of Americans—and more and more politicians—are questioning the unregulated free market, Freedom from the Market offers a new narrative, and new intellectual ammunition, for the fight that lies ahead.

An Inquiry Into the Nature and Causes of the Wealth of Nations

Author : Adam Smith
Publisher :
ISBN 13 :
Total Pages : 522 pages
Book Rating : 4.:/5 (8 download)

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Book Synopsis An Inquiry Into the Nature and Causes of the Wealth of Nations by : Adam Smith

Download or read book An Inquiry Into the Nature and Causes of the Wealth of Nations written by Adam Smith and published by . This book was released on 1822 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt:

State, Labor, and the Transition to a Market Economy

Author : Agnieszka Paczyńska
Publisher : Penn State Press
ISBN 13 : 027106269X
Total Pages : 294 pages
Book Rating : 4.2/5 (71 download)

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Book Synopsis State, Labor, and the Transition to a Market Economy by : Agnieszka Paczyńska

Download or read book State, Labor, and the Transition to a Market Economy written by Agnieszka Paczyńska and published by Penn State Press. This book was released on 2015-06-19 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: In response to mounting debt crises and macroeconomic instability in the 1980s, many countries in the developing world adopted neoliberal policies promoting the unfettered play of market forces and deregulation of the economy and attempted large-scale structural adjustment, including the privatization of public-sector industries. How much influence did various societal groups have on this transition to a market economy, and what explains the variances in interest-group influence across countries? In this book, Agnieszka Paczyńska explores these questions by studying the role of organized labor in the transition process in four countries in different regions—the Czech Republic and Poland in eastern Europe, Egypt in the Middle East, and Mexico in Latin America. In Egypt and Poland, she shows, labor had substantial influence on the process, whereas in the Czech Republic and Mexico it did not. Her explanation highlights the complex relationship between institutional structures and the “critical junctures” provided by economic crises, revealing that the ability of groups like organized labor to wield influence on reform efforts depends to a great extent on not only their current resources (such as financial autonomy and legal prerogatives) but also the historical legacies of their past ties to the state. This new edition features an epilogue that analyzes the role of organized labor uprisings in 2011, the protests in Egypt, the overthrow of Mubarak, and the post-Mubarak regime.

The EU Social Market Economy and the Law

Author : Delia Ferri
Publisher : Routledge
ISBN 13 : 1351068504
Total Pages : 347 pages
Book Rating : 4.3/5 (51 download)

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Book Synopsis The EU Social Market Economy and the Law by : Delia Ferri

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.

The Future of European Social Democracy

Author : H. Meyer
Publisher : Springer
ISBN 13 : 0230355048
Total Pages : 235 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis The Future of European Social Democracy by : H. Meyer

Download or read book The Future of European Social Democracy written by H. Meyer and published by Springer. This book was released on 2011-11-22 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: European social democracy is in crisis. In the last decade it has ceased to be about either society or democracy. The authors explore its values, how it can be revived and what kind of political economy it requires to thrive. This book includes a foreword by the two leaders of the 'Building the Good Society' project, Andrea Nahles and Jon Cruddas.

Prosperity Through Competition

Author : Ludwig Erhard
Publisher : Ludwig von Mises Institute
ISBN 13 : 1610163532
Total Pages : 277 pages
Book Rating : 4.6/5 (11 download)

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Book Synopsis Prosperity Through Competition by : Ludwig Erhard

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:

Democracy and the Market

Author : Adam Przeworski
Publisher : Cambridge University Press
ISBN 13 : 9780521423359
Total Pages : 230 pages
Book Rating : 4.4/5 (233 download)

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Book Synopsis Democracy and the Market by : Adam Przeworski

Download or read book Democracy and the Market written by Adam Przeworski and published by Cambridge University Press. This book was released on 1991-07-26 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: The quest for freedom from hunger and repression has triggered in recent years a dramatic, worldwide reform of political and economic systems. Never have so many people enjoyed, or at least experimented with democratic institutions. However, many strategies for economic development in Eastern Europe and Latin America have failed with the result that entire economic systems on both continents are being transformed. This major book analyzes recent transitions to democracy and market-oriented economic reforms in Eastern Europe and Latin America. Drawing in a quite distinctive way on models derived from political philosophy, economics, and game theory, Professor Przeworski also considers specific data on individual countries. Among the questions raised by the book are: What should we expect from these experiments in democracy and market economy? What new economic systems will emerge? Will these transitions result in new democracies or old dictatorships?

Cleft Capitalism

Author : Amr Adly
Publisher : Stanford University Press
ISBN 13 : 150361221X
Total Pages : 377 pages
Book Rating : 4.5/5 (36 download)

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Book Synopsis Cleft Capitalism by : Amr Adly

Download or read book Cleft Capitalism written by Amr Adly and published by Stanford University Press. This book was released on 2020-06-09 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Egypt has undergone significant economic liberalization under the auspices of the International Monetary Fund, the World Bank, USAID, and the European Commission. Yet after more than four decades of economic reform, the Egyptian economy still fails to meet popular expectations for inclusive growth, better standards of living, and high-quality employment. While many analysts point to cronyism and corruption, Amr Adly finds the root causes of this stagnation in the underlying social and political conditions of economic development. Cleft Capitalism offers a new explanation for why market-based development can fail to meet expectations: small businesses in Egypt are not growing into medium and larger businesses. The practical outcome of this missing middle syndrome is the continuous erosion of the economic and social privileges once enjoyed by the middle classes and unionized labor, without creating enough winners from market making. This in turn set the stage for alienation, discontent, and, finally, revolt. With this book, Adly uncovers both an institutional explanation for Egypt's failed market making, and sheds light on the key factors of arrested economic development across the Global South.

Poland's Jump to the Market Economy

Author : Jeffrey Sachs
Publisher : MIT Press
ISBN 13 : 9780262691741
Total Pages : 146 pages
Book Rating : 4.6/5 (917 download)

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Book Synopsis Poland's Jump to the Market Economy by : Jeffrey Sachs

Download or read book Poland's Jump to the Market Economy written by Jeffrey Sachs and published by MIT Press. This book was released on 1993 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Poland's jump to the Market Economy, Jeffrey Sachs provides an insider's analysis of the political events and economic strategy behind the country's swift transition to capitalism and democracy. The greatest challenges to economic reform, Sachs points out, have been primarily political in nature, rather than social or even economic.Sachs reviews Poland's striking progress since the start of the economic reforms three years ago, which he helped to design. He discusses the gains - more than half of employment and GDP is now in the private sector, exports to Western Europe have more than doubled, and economic growth and confidence are returning - as well as the serious problems that remain - high unemployment, a chronic fiscal deficit, the slow pace of privatization of large industrial enterprises, and the fragility of multiparty coalition governments.Sachs points out that leadership is crucial to economic reform in a newly democratic setting, as is the West's timely economic assistance. In Poland's case, the Zloty Stabilization Fund and the two-stage debt cancellation have been essential to keeping the reform program on track.Poland's example has had a powerful impact on reforms throughout the region, including the former Soviet Union, and has done much to dispel the fear that the citizens themselves, allegedly made lazy by decades of socialism, would reject the competitive rigors of a market economy. Overall, Sachs remains firmly convinced of the potential for successful economic reforms. in Poland and the rest of the region.Jeffrey Sachs is Galen L. Stone Professor of International Trade at Harvard University, and has been an economic advisor to more than a dozen countries around the world, including Bolivia, Mongolia, Poland, and Russia.

Stakeholder Capitalism

Author : Klaus Schwab
Publisher : John Wiley & Sons
ISBN 13 : 1119756138
Total Pages : 311 pages
Book Rating : 4.1/5 (197 download)

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Book Synopsis Stakeholder Capitalism by : Klaus Schwab

Download or read book Stakeholder Capitalism written by Klaus Schwab and published by John Wiley & Sons. This book was released on 2021-01-27 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all.