Social Market Economy (West Germany)
GPTKB entity
Statements (51)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:adoptedBy |
gptkb:Federal_Republic_of_Germany
|
| gptkbp:alsoKnownAs |
gptkb:Soziale_Marktwirtschaft
|
| gptkbp:architect |
gptkb:Alfred_Müller-Armack
gptkb:Ludwig_Erhard |
| gptkbp:basisFor |
gptkb:German_economic_miracle
|
| gptkbp:characterizedBy |
free market
state intervention social policies |
| gptkbp:contrastsWith |
planned economy (East Germany)
|
| gptkbp:countryOfOperation |
gptkb:West_Germany
|
| gptkbp:criticizedFor |
Social Democratic Party (SPD) (initially)
|
| gptkbp:emphasizes |
gptkb:football
gptkb:state_order private property |
| gptkbp:goal |
social justice
social security economic prosperity |
| https://www.w3.org/2000/01/rdf-schema#label |
Social Market Economy (West Germany)
|
| gptkbp:influenced |
European Union economic policy
German reunification economic policy |
| gptkbp:influencedBy |
gptkb:Keynesian_economics
ordoliberalism |
| gptkbp:introducedIn |
1948
|
| gptkbp:notableFor |
Wirtschaftswunder (Economic Miracle)
|
| gptkbp:platform |
Grundgesetz (Basic Law for the Federal Republic of Germany)
|
| gptkbp:principle |
solidarity
universal healthcare progressive taxation unemployment insurance public services education for all collective bargaining social insurance personal responsibility subsidiarity pension system balance between market freedom and social security codetermination protection of competition regulation of monopolies |
| gptkbp:relatedTo |
gptkb:Rhineland_model
mixed economy welfare capitalism ordoliberalism |
| gptkbp:replacedBy |
planned economy
war economy |
| gptkbp:supportedBy |
gptkb:Free_Democratic_Party_(FDP)
gptkb:Christian_Democratic_Union_(CDU) |
| gptkbp:bfsParent |
gptkb:Germany_(1940s-1950s)
|
| gptkbp:bfsLayer |
6
|