Social Market Economy Today

• Authors: Gostomski E.
• Languages of publication: PL

Abstracts

EN

The artcle is devoted to the socially oriented market economy. The concept has been fully implemented by L. Erhard in the first postwar years in the Federal German Republic resulting in the prosperity for all the society. Social market economy is a concept of socio-economic order uniting personal freedom and persona! responsibility for individual financial status with democracy, economic liberalism, respect for law and executing legal demands as well as state responsibility for the welfare of citizens unable to function in the market economy. This model is right for modern times of globalisation and aging societies in the developed countries. Modern market economy has to take social questions into account, as is the case in the socially oriented market economy concept, so as not to allow economic discrepancies and social tensions

Keywords

EN

SOCIAL MARKET ECONOMY

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Spółdzielczy Instytut Naukowy G. Bierecki sp.j.
• Journal: Pieniądze i Więź
• Year: 2008
• Volume: 11
• Issue: 1(38)
• Pages: 39-42
• Document type: ARTICLE

Contributors

author

Gostomski E.

• E. Gostomski, Uniwersytet Gdanski. Wydzial Ekonomiczny, ul. Armii Krajowej 119/121, 81-824 Sopot, Poland

Identifiers

CEJSH db identifier

08PLAAAA05482