Published : 2016-06-30

Germany and Its Social Market Economy

Justyna Bokajło



Abstract

The main goal of the study is the explanation of the 'social' element in the Social Market Economy style of socio-economic order in Germany. To understand what Social Market Economy means exactly, it is necessary to explore its main particular elements - orders. The luck of public awareness regarding its importance, leads to the following hypothesis: the contemporary interpretation departed significantly from Social Market Economy sources, and German society does not thoroughly understand its nature and essence. Political parties are using its "brand" to improve their political image and gain electorate, which contributes to the deformation of its origins significantly affecting the shape and direction of change in the socio-economic governance of Germany, social attitudes and social expectations concerning social benefits, and social well-being.(original abstract)

Keywords:

Social market economy, Social order, Ordoliberalism, Political parties



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Bokajło, J. (2016). Germany and Its Social Market Economy. Zeszyty Naukowe Wyższej Szkoły Bankowej W Poznaniu, 68(3). Retrieved from https://journals.wsb.poznan.pl/index.php/znwsb/article/view/902

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Uniwersytet WSB Merito w Poznaniu
ul. Powstańców Wielkopolskich 5
61-895 Poznań
e-mail: journals@poznan.merito.pl
University
Uniwersytet WSB Merito w Poznaniu / WSB Merito University
ul. Powstańców Wielkopolskich 5
61-895 Poznań

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