FFabian
January 30, 2016, 1:08pm
24
It was sarcasm, you know?
Where I live we have this thing called social market economy, and I’m glad about that. Systems like that are often derided as socialism or communism by US citizens/politicians.
The social market economy (SOME; German: soziale Marktwirtschaft), also called Rhine capitalism, Rhine-Alpine capitalism, the Rhenish model, and social capitalism, is a socioeconomic model combining a free-market capitalist economic system alongside social policies and enough regulation to establish both fair competition within the market and generally a welfare state. It is sometimes classified as a regulated market economy.
The social market economy was originally promoted and implemented in...
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