Social Capitalism: Difference between revisions
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Les Révoires (talk | contribs) I added information about economic theory of social capitalism. |
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== Beliefs == |
== Beliefs == |
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[[File:Soccap.png]] Social capitalism has an economic theory which is located [[File:Centrist-yellow.png]] centre and [[File:CLeft.png]] centre-left. It shares similar views with ideologies such as [[File:Socdem.png]] [[Social Democracy|social democracy]], [[File:Soclib.png]] [[Social Liberalism|social liberalism]], [[File:Glib.png]] [[Green Liberalism|green liberalism]] and [[File:Socjust.png]] [[Welfarism|social justice]]. |
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W.I.P |
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Main values of [[File:Cap.png]] [[capitalism]] such as [[File:Globcap.png]] [[Globalism|free trade]] and [[File:Markets.png]] [[Capitalism|free market]], are also dominant within the [[File:Soccap.png]] social capitalism. However, they want to [[File:Humanismpix.png]] [[Enlightenment Thought|humanize]] [[File:Cap.png]] [[capitalism]], through limited [[File:Regulationism.png]] [[Regulationism|state control]] and [[File:Left_Reformism.png]] [[Reformism|social reforms]]. In order to establish a [[File:Welf.png]] [[Welfarism|welfare state]], [[File:Leftunity.png]] left-wing forms of [[File:Soccap.png]] social capitalism emphasizes values such as [[File:Equality.png]] [[Social Democracy|equality]] and [[File:SyndieSam.png]] [[Syndicalism|solidarity]]. |
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[[File:Soccap.png]] Social capitalism is usually opposed to alternative [[File:Leftunity.png]] left-wing views, such as [[File:Marketsoc.png]] [[Market Socialism|market socialism]] and [[File:DemMut.png]] [[Mutualism|democratic mutualism]]. |
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==History== |
==History== |
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Alfred Müller-Armack coined the term ''"Social market economy (Soziale Marktwirtschaft)"'' in 1946, it is seen as an evolution of [[File:Orlib.png]] [[Ordo-Liberalism]]. |
Alfred Müller-Armack coined the term ''"Social market economy (Soziale Marktwirtschaft)"'' in 1946, it is seen as an evolution of [[File:Orlib.png]] [[Ordo-Liberalism]]. |
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Following the end of WW2, chancellor [[File:CDU Party.png]] Konrad Adenauer implemented the social market economy model in Allied-occupied Germany. Ludwig Erhard was Adenauer's Minister of Economic Affairs and is primarily responsible for the ''Wirtschaftswunder''. |
Following the end of WW2, chancellor [[File:CDU Party.png]] Konrad Adenauer implemented the [[File:Soccap.png]] social market economy model in Allied-occupied Germany. Ludwig Erhard was Adenauer's Minister of Economic Affairs and is primarily responsible for the ''Wirtschaftswunder''. |
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===[[File:Cball-UK.png]] United Kingdom=== |
===[[File:Cball-UK.png]] United Kingdom=== |
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The Social market economy was first introduced to the UK by conservative politician [[File:Cdem.png]] [[Christian Democracy|Keith Joseph]]. Joseph, along with [[File:Thatcher.png]] [[Neoliberalism|Margaret Thatcher]], founded the [[w:Centre_for_Policy_Studies|Centre for Policy Studies]] in 1973. The Centre is a think tank and pressure group that was originally created to study and promote the social market economy. Joseph wrote the first piece published by the centre, titled "Why Britain needs a social market economy." |
The Social market economy was first introduced to the UK by conservative politician [[File:Cdem.png]] [[Christian Democracy|Keith Joseph]]. Joseph, along with [[File:Thatcher.png]] [[Neoliberalism|Margaret Thatcher]], founded the [[w:Centre_for_Policy_Studies|Centre for Policy Studies]] in 1973. The Centre is a think tank and pressure group that was originally created to study and promote the social market economy. Joseph wrote the first piece published by the centre, titled "Why Britain needs a social market economy." |
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The [[File:Con-t.png]] [[Conservatism|conservative party]] has advocated the implementation of a social market economy, albeit with an emphasis on nationalism. |
The [[File:Con-t.png]] [[Conservatism|conservative party]] has advocated the implementation of a [[File:Soccap.png]] social market economy, albeit with an emphasis on nationalism. |
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===[[File:Cball-SouthVietnam.png]] South Vietnam=== |
===[[File:Cball-SouthVietnam.png]] South Vietnam=== |
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<blockquote>Also see: [[File:Persondignity.png]] {{PCBA|Person Dignity Theory}}</blockquote> |
<blockquote>Also see: [[File:Persondignity.png]] {{PCBA|Person Dignity Theory}}</blockquote> |
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Ngô Đình Diệm was the Prime Minister of South Vietnam from 1955 to 1963, during that time instituting his "Person Dignity Theory", which viewed consumerism and Communism as equally bad, and the |
Ngô Đình Diệm was the Prime Minister of South Vietnam from 1955 to 1963, during that time instituting his "Person Dignity Theory", which viewed consumerism and Communism as equally bad, and the [[File:Soccap.png]] social market economy as the ideal compromise. |
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===[[File:Cball-Brazil.png]] Brazil=== |
===[[File:Cball-Brazil.png]] Brazil=== |
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Kubitschekism is the ideology associated with [[File:Kubitschek.png]] Juscelino Kubitschek, prominent Brazilian politician and Prime Minister from 1956 to 1961. He is generally regarded today as the Father of Modern Brazil, due to his polices of rapid economic development and stability. Though self identifying as a Social |
Kubitschekism is the ideology associated with [[File:Kubitschek.png]] Juscelino Kubitschek, prominent Brazilian politician and Prime Minister from 1956 to 1961. He is generally regarded today as the Father of Modern Brazil, due to his polices of rapid economic development and stability. Though self identifying as a [[File:Socdem.png]] [[Social Democracy|social democrat]], his policy, if coincidentally, was reminiscent of [[File:Soccap.png]] social capitalism. |
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===[[File:Cball-Portugal.png]] Portugal=== |
===[[File:Cball-Portugal.png]] Portugal=== |
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'''Social Market Economy''' is rooted in free market capitalism, alongside economic intervention in order to ensure fair competition, with additional support for a welfare state to ensure social and economic justice. It is most commonly manifested in a free market economy being used as an allocation mechanism, and that output can be increased through mild to moderate economic interventionism on behalf of the state. This pairing can work and may even be complimentary, as this would cut poverty and still allow economic liberty and freedom. |
'''Social Market Economy''' is rooted in free market capitalism, alongside economic intervention in order to ensure fair competition, with additional support for a welfare state to ensure social and economic justice. It is most commonly manifested in a free market economy being used as an allocation mechanism, and that output can be increased through mild to moderate economic interventionism on behalf of the state. This pairing can work and may even be complimentary, as this would cut poverty and still allow economic liberty and freedom. |
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Main tenets are [[File:Property.png]] [[Propertarianism|private property]], [[File:Globcap.png]] [[Globalism|free trade]], [[File:Markets.png]] [[Capitalism| |
Main tenets are [[File:Property.png]] [[Propertarianism|private property]], [[File:Globcap.png]] [[Globalism|free trade]], [[File:Markets.png]] [[Capitalism|free market]], [[File:Marketeconomy.png]] [[Accelerationism|market competition]], mild to moderate [[File:Regulationism.png]] [[Regulationism|economic interventionism]], and a (usually) generous [[File:Welf.png]] [[Welfarism|welfare state]] (with universal health care, universal basic income, etc;){{Refn|You can technically have a ''social market economy'' without a welfare state, as many of the SOME's original advocates (like [[File:Ordocon.png]] [[Ordo-Liberalism|Wilhelm Röpke]]) opposed it, believing that their interventionist and monetary policies (e.g., the minimum wage) would eliminate the need for benefits. ''SOME'' countries adopted the welfare state out of predominantly pragmatic reasons.|group=Note}}. |
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===[[File:ESME.png]] Eco-Social Market Economy ''(ESME)''=== |
===[[File:ESME.png]] Eco-Social Market Economy ''(ESME)''=== |
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SocCap2.jpeg |
SocCap2.jpeg |
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Conservative=Liberal Confirmed..png|Credit to u/steamed_hamsters |
Conservative=Liberal Confirmed..png|Credit to u/steamed_hamsters |
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Elections_SouthAm_vs_West.png|by {{User|M99.exe}} |
Elections_SouthAm_vs_West.png|alt=by M99|by {{User|M99.exe}} |
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</gallery> |
</gallery> |
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