Abstract
The discussion was opened by a comment about the peculiarities and differences between the ordo-liberal theory of the School of Freiburg, Freiburger Schule, and the concept of the Social Market Economy as it was developed by Alfred Müller-Armack (Avtonomov). then, the dilemma of practical social policy was discussed. On the one hand, the concept of the Social Market Economy means that limits are set to the free market by social elements. On the other hand, there is always the danger that the practice of social policy reduces the performance and functional order of the market and therefore the success of the whole Social Market Economy (Avtonomov).
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© 1998 Springer-Verlag Berlin • Heidelberg
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Tofall, N.F. (1998). Discussion Summary. In: Koslowski, P. (eds) The Social Market Economy. Studies in Economic Ethics and Philosophy. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-72129-8_3
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DOI: https://doi.org/10.1007/978-3-642-72129-8_3
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-72131-1
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