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Social Capitalism: Difference between revisions

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*[[File:PortSocDem.png]] [[Christian Democracy|Francisco de Sá Carneiro]] (1934-1980) [[File:Cball-Portugal.png]] Portugal
*[[File:PortSocDem.png]] [[Christian Democracy|Francisco de Sá Carneiro]] (1934-1980) [[File:Cball-Portugal.png]] Portugal
*[[File:Hujintao.png]] [[Dengism|Hu Jintao]] (1942-) [[File:Cball-China.png]] China
*[[File:Hujintao.png]] [[Dengism|Hu Jintao]] (1942-) [[File:Cball-China.png]] China
*[[File:Bidenism.png]] [[Syncretic Liberalism|Joe Biden]] (1942-) [[File:Cball-US.png]] USA
*[[File:New_Labourism.png]] [[Third Way|Tony Blair]] (1953-) [[File:Cball-UK.png]] UK
*[[File:New_Labourism.png]] [[Third Way|Tony Blair]] (1953-) [[File:Cball-UK.png]] UK
*[[File:Patcon.png]] [[Paternalistic Conservatism|Daniel Finkelstein]] (1962-) [[File:Cball-UK.png]] UK
*[[File:Patcon.png]] [[Paternalistic Conservatism|Daniel Finkelstein]] (1962-) [[File:Cball-UK.png]] UK

Revision as of 23:30, 10 July 2022

Stub Article
"Help" - Still-Being-Drawnism

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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.

Kubistchkekism

Portugal Social Democracy

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

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

Literature

Videos

Gallery

  1. A.k.a post-Covid-19 capitalism.

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