Does Europe need Social Market Economy?
Journal Title: Zeszyty Naukowe Wyższej Szkoły Bankowej w Poznaniu - Year 2015, Vol 62, Issue 5
Abstract
The paper raises the question of whether the concept of Social Market Economy, originated in the western part of post-war Germany and largely influenced by Ludwig Erhard, could become a target economic model for the crisis-stricken 21st century Europe. Basically, the author answers in the positive. He argues that consistent pursuit of policies intrinsic to Social Market Economy might, by implementing the tripartite ideal of the French Revolution – e.g. Liberty, Equality, and Fraternity – help the united Europe of today restore its identity as well as social and economic stability. What remains uncertain, however, is whether Europe could find sufficient strength and political will to be able to embrace such policies.
Authors and Affiliations
Piotr Pysz
Keywords
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