Origins and Change of the Social Market Economy: History and Theoretical Foundations

This edited volume explores the theoretical and historical foundations of the German Social Market Economy, commemorating its 75th anniversary, and analyzing its differences and parallels to alternative policy concepts, particularly Keynesianism. It is of interest to researchers and students of political, social, and economic systems, history of economic thought, and political history.

Format: Hardback
Length: 207 pages
Publication date: 02 October 2023
Publisher: Springer International Publishing AG

The German Social Market Economy has been a subject of study for many years, and this edited volume provides a comprehensive overview of its theoretical and historical foundations. Written to commemorate the 75th anniversary of the establishment of the Social Market Economy, the chapters discuss the ideas of its theoretical founders, such as 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.

Dimension: 235 x 155 (mm)
ISBN-13: 9783031392092
Edition number: 1st ed. 2023