Marktwirtschaft usa wikipedia biography
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Social market economy
Socio-economic model
This article is about the economic model combining free-market capitalism with social policies. For the economic system in the People's Republic of China, see Socialist market economy.
The social market economy (SOME; German: soziale Marktwirtschaft), also called Rhine capitalism, Rhine-Alpine capitalism, the Rhenish model, and social capitalism,[1] is a socioeconomic model combining a free-market capitalist economic system alongside social policies and enough regulation to establish both fair competition within the market and generally a welfare state.[2][3] It is sometimes classified as a regulated market economy.[4] The social market economy was originally promoted and implemented in West Germany by the Christian Democratic Union under ChancellorKonrad Adenauer in and today it is used by ordoliberals, social liberals and modern (non-Marxist) social democrats alike. Its origins ca
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Neoliberalism
Renewal of unfettered capitalism as policy
For neoliberalism in international relations, see Liberal institutionalism.
Neoliberalism[1] is both a political philosophy and a term used to signify the lateth-century political reappearance of 19th-century ideas associated with free-market capitalism.[2][4] The term has multiple, competing definitions, and is often used pejoratively.[5] In scholarly use, the term is often left undefined or used to describe a multitude of phenomena;[8][9] however, it is primarily employed to delineate the societal transformation resulting from market-based reforms.
Neoliberalism is an economic philosophy that originated among European liberal scholars during the s. It emerged as a response to the perceived decline in popularity of classical liberalism, which was seen as giving way to a social liberal desire to control markets. This shift in thinking was shaped by the Great D
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Third Way
Centrist political position
Not to be confused with Third camp, Third International Theory, or Third Position.
This article is about the political philosophy. For other uses, see Third Way (disambiguation).
The Third Way is a predominantly centristpolitical position that attempts to reconcile centre-right and centre-left politics bygd synthesising a combination of economically frikostig and social democraticeconomic policies.[1][2]
The Third Way is a reconceptualization of social democracy. It supports workfare instead of welfare, work training programs, educational opportunities, and other government programs that give citizens a 'hand-up' instead of a 'hand-out'. The Third Way seeks a compromise between a less interventionist economic struktur as supported by neoliberals and KeynesianSocial democratic spending policy supported by social democrats and progressives.
The Third Way was born from a reevaluation of political policies within various cen