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60 Years of Social Market Economy

by Dr. Christian L. Glossner, David Gregosz

Formation, Development and Perspectives of a Peacemaking Formula

Overview of a conference organised by the Konrad-Adenauer-Stiftung (KAS) in cooperation with the European Business Circle (EuBC) and the University of Oxford in Sankt Augustin, 30th November 2009.

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Preface5
I. Formation and Implementation of the Social Market Economy7
The Making of the German Post-War Economy
Christian L. Glossner
9
On the Economic Ethic of Walter Eucken
Manuel Wörsdörfer
21
Emil Brunner’s Social Ethics and Its Reception in Ordoliberal Circles
Tim Petersen
43
Advancing the Notion of a Social Market Economy: Concepts for a Renewal of Ordoliberalism from the Perspective of Integrative Economic Ethics
Alexander Lorch
69
II. Transformation of the Social Market Economy83
The Social Market Economy at Sixty: Path Dependence and Patch Changes
Lothar Funk
85
Free Collective Bargaining: Support Column or Crumbling Pillar of the Social Market Economy
Hagen Lesch
104
Social Security Systems in the Social Market Economy: Between the Poles of Social Policy and Market Forces?
Christine Wolfgramm / Ines Läufer
127
III. Potential and Perspectives of the Social Market Economy145
Old Wine in New Skins? Economic Policy Challenges for the Social Market Economy in a Globalized World
Bodo Herzog
147
Addressing the Marketing Problem of the Social Market Economy
Marcus Marktanner
170
The Social Market Economy in Eastern Europe – An Underestimated Option?
Marc Stegherr
189
The Importance of the State for Climate Protection in a Social Market Economy
Janina Jänsch / Christian Vossler
206
Causes and Regulatory Consequences of the Financial Market Crisis
Ekkehard A. Köhler / Andreas Hoffmann
226
The Financial and Economic Crises: A Threat to the Social Market Economy?
David Gregosz
252
The Authors
267

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Editor

Konrad-Adenauer-Stiftung e.V.

ISBN

978-3-941904-60-6