Renaissance of the Social Market Economy (tags)
A social market economy is based on two political pillars: (1) taming the market dynamics via regulation and (2) mitigating its consequences in distribution policy. (3) The development and care of an economic culture of moderation and fairness in dealing with one another forms the third, the cultural pillar of taming and civilizing
Growth Criticism and Social-Ecological Transformation (tags)
Unlike a chair, an idea can be shared by a whole people. Words can be like spears breaking frozen souls. (Kafka) Education is the great transformer (John Kenneth Galbraith). Economics as taught today is like brainwashing. (Ulrich Thielemann) Incentives to investing in the real economy are vital after the phase of credit- and bubble prosperity.