The Social Market Economy: Theory And Ethics Of The Economic Order (ethical Economy)

The social market economy forms a fundamental theory of the market economy and an integrated economic and ethical theory of the economic order in which the political and societal conditions for the working of the market are included in the theory of the market economy. The social market economy is presented as a universal theory of the decisions to be made about the economic order in all cultures and is analysed in its basic theoretical foundations and in its application to the transition process from the planned to the market economy, particulary in the privatisation of socialised property in Russia and former East Germany. Leading German and Russian experts in the field as well as four classical texts present a systematic analysis of the social market economy from the point of view of economics, law, and ethics. Front Matter....Pages I-XII The Social Market Economy and the Varieties of Capitalism Introduction....Pages 1-9 Front Matter....Pages 11-11 Independent Family Farms Versus Hierarchical Forms of Organisation....Pages 158-183 Russian Law and Land Privatisation....Pages 184-197 Law and Economic Order in the Structures of Russian Everyday Life....Pages 198-219 A Symbiosis with Reserve: Social Market Economy and Legal Order in Germany....Pages 220-247 Discussion Summary....Pages 248-251 The Social Market Economy: The Main Ideas and Their Influence on Economic Policy....Pages 13-28 Discussion Summary....Pages 29-31 The Idea of Economic Order in Contemporary Russia....Pages 32-49 Has the Market Economy Still a Chance? On the Lack of a Disciplining Challenge....Pages 50-63 The Chances for Economic Order in Post-Soviet Russia....Pages 64-72 The Social Market Economy: Social Equilibration of Capitalism and Consideration of the Totality of the Economic Order Notes on Alfred Müller-Armack....Pages 73-95 Discussion Summary....Pages 96-97 The Ethics of Business in Russia....Pages 98-114 One’s Own, Proper What Is Property in its Essence?....Pages 115-127 Privatisation in the New Lands of the Former German Democratic Republic....Pages 128-135 Discussion Summary....Pages 136-138 Reprivatisation and Economic Transformation in the Countries of the Former Soviet Union....Pages 139-157 Front Matter....Pages 253-253 The Principles of the Social Market Economy (1965)....Pages 255-274 The Ethical Content of the Social Market Economy (1988)....Pages 275-290 Front Matter....Pages 253-253 The Formation of Private Property in the Hands of Workers (1956)....Pages 291-328 The Role of Competition in a Liberal Society (1979)....Pages 329-350 A Message of Greeting from the Mayor of the City of Saint Petersburg....Pages 351-351 Back Matter....Pages 353-360