engleski

State intervention in social market economy

The paper gives an overview of the constituent and regulatory components of the social market economy model, better known as "Third Way" (i.e. the two dominant models of economic planning -socialist and capitalist) in the populist rhetoric. Through the environment of the Croatian political and economic scene during the past thirty years the paper goes on to the understanding achieved through observing the German government, which is the foundation of the social market economy. Apart from the ideology and general principles upon which this model is based, the second part of the paper also deals with the reintegration of the concept in order to better perceive its essential parts. A logical conclusion follows that the social market economy is a way in which we could ensure the stabilization of the economic growth, economic growth itself and prosperity. Keywords: Social Market, economics, politics.

Social Market ; economics ; politics

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