Social Capitalism

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Social Capitalism
Basic Information
Aliases	Social Market Economy Coordinated Market economy Neoliberalism (Erroneously) Human-Centered Capitalism Humanistic Capitalism Welfare Capitalism Cuddly Capitalism (Somewhat pejoratively) Democratic Capitalism Capitalist Socialism (Erroneously, mostly in the US) Social Meritocracy Ludwig Erhard thought Rhine Capitalism (Rheinischer Kapitalismus) German Model Portuguese Social Democracy «Social Liberalism» (Erroneously, in Post-Soviet countries) Continental Europe Model Capitalism with a Human Face
Alignments	Center Capitalists Liberals Culturally Variable Welfarists
Ideological Influences
Influenced by	Bismarckism Capitalism Social Liberalism Welfarism Kubitschekism Kleptocracy Populism Liberalism Keynesianism Social Democracy Industrialism Democracy Anti-Authoritarianism (Brazilian election of 1955) Moderatism Developmentalism Portuguese Social Democracy Christian Democracy Social Democracy Post-Salazarism Liberalism Christian Socialism Agrarianism Moderatism Populism Social Liberalism Liberal Socialism Anti-Authoritarianism Roh Moo-hyun Thought Third Way Anti-Authoritarianism Participatory Democracy Pacifism Populism
Influenced	Authentic Radical Liberalism Borisism Christian Democracy Jan Emmanuel Thought Nordic Model Ordo-Liberalism Paternalistic Conservatism Person Dignity Theory Revisionist Right-wing Kuomintang Scientific Outlook on Development Social Libertarianism Welfare Chauvinism Kleptocracy Fabian Socialism
Ideological Information
Notable Theorists	Konrad Adenauer (1876-1967) Germany Ludwig Erhard (1897-1977) Germany Alfred Müller-Armack (1901-1978) Germany Keith Joseph (1918-1994) UK Seretse Khama (1921-1980) Botswana Francisco de Sá Carneiro (1934-1980) Portugal Hu Jintao (1942-) China Tony Blair (1953-) UK Daniel Finkelstein (1962-) UK Boris Johnson (1964-) UK Petro Poroshenko (1965-) Ukraine Andrew Yang (1975-) USA Juscelino Kubitschek (1902-1976) Brazil Ro Khanna (1976-) USA Jan-Emmanuel De Neve (1979-) Belgium File:Destiny.png Steven Kenneth "Destiny" Bonnell II (1988- ) USA
Notable Examples	Post-WW2 Germany Nordic countries
Character Information
Likes	Welfare Fair competition
Dislikes	Communism Socialism Laissez-faire capitalism
Song	Deutschlandlied

Social Capitalism, shortened to SocCap also known as Rhine Capitalism, Welfare Capitalism and Social market economy, is an economically centre to centre-right ideology which combines stances from both Social Democracy and Capitalism.

History

One of the major factors for the emergence of SocCap in Germany was to improve the conditions of workers under capitalism in order to prevent the rising threat of Marx's socialist movement. Germany implemented the world's first welfare state and universal healthcare program in the 1880s under chancellor Otto von Bismarck, who developed a program in which industry and state work closely to stimulate economic growth by giving workers greater security.

Alfred Müller-Armack coined the term "Social market economy (Soziale Marktwirtschaft)" in 1946, it is seen as an evolution of ordoliberal thought.

Following the end of WW2, chancellor 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.

Variants

Social Market Economy (SOME)

Social market economy is rooted in free market capitalism, alongside economic intervention in order to ensure fair competition, with additional support for a moderate welfare state. It is most commonly manifested in a privatized market economy used as an allocation mechanism, and that output can be increased through moderate economic interventionism on behalf of the state. This pairing can work and may even be complimentary, as this would decrease poverty and still allow economic freedom.

Main tenets are private property, free trade, unregulated prices, moderate economic intervention, accompanied with welfare measures such as pensions, health care, unemployment benefits, and in some cases, universal basic income.

Eco-social Market Economy (ESME)

Eco-social market economy is a type of SOME, which aims at balancing the previously mentioned concepts of social and economic justice, economic freedom with the preservation of natural resources.

Personality

W.I.P

How To Draw

Flag of Social Capitalism

1. Draw a ball and fill it with yellow.
2. Draw a green rose in the center
3. Add eyes
4. Done! :)

Color Name		HEX	RGB
	Yellow	#FFF301	255, 243, 1
	Green	#008000	0, 128, 0

Relationships

Friends

• Social Democracy - Some of your proponents support me!
• Paternalistic Conservatism - Similar to SocDem, but conservative.
• Ordo-Liberalism - You did it well in Germany, son.
• Eco-Capitalism- I like your ideas and intention to protect us from pollution and contamination.
• Social Liberalism - They're similar to Ordolib, but more progressive.
• Nordic Model - Very good socio-economic model.
• Social Libertarianism - Me, but libertarian.
• Christian Democracy - The economic miracle wouldn't have been possible without you.
• Third Way - SocDem, but more private.
• Bismarckism - The closest thing to a predecessor.
• One-Nation Conservatism - You get it!
• Social Georgism - I suppose LVT is a good way to fund welfare.
• Social Authoritarianism - If democratically elected plutocrats want to revoke welfare and regulations, it can be good to be a little heavy handed.
• Regulationism - Necessary to certain extent.

Frenemies

• Capitalism - Dad! You have great ideas, but please have some decency, will you?
• Austrolibertarianism - Central banks are good, you dummkopf! At least we are both capitalists.
• Social Corporatism - Welfare is good and all, but your faltering a bit too much on the capitalist part.
• Welfare Chauvinism - Your desire to restrict welfare to certain people reminds me of someone.
• AfDism - Please chill out you are similar to above but you're an avid fan of OrdoLib which is good.

Enemies

• National Socialism - Anti-market darwinist who ruined Germany and rejected Müller-Armack's ideas!
• Corporatocracy - This is what laissez-faire leads to!
• Plutocracy - Same as above.
• Social Darwinism - Not like this!
• Honeckerism - While my social market economy helped real Germany prosper and keep the People's Car sucsessful, your got crappy trabants that you had to wait several years to get.

Further Information

• Social market economy
• Humanistic Capitalism
• Democratic Capitalism
• Inclusive Capitalism
• Freiburg Circles
• Alfred Müller-Armack
• Konrad Adenauer
• Francisco de Sá Carneiro
• Ludwig Erhard
• Wirtschaftswunder
• Social Market Foundation (UK Think tank)

Literature

• Wirtschaftslenkung und Marktwirtschaft by Alfred Müller-Armack
• Origins of the social market economy
• Varieties of Capitalism
• Por Uma Social-Democracia Portuguesa by Francisco Sá Carneiro

Videos

• The Economy of Germany by Economics Explained

Gallery

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  Original image

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  Credit to u/steamed_hamsters