Soziale Marktwirtschaft

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This text represents the findings of the Socialist Philosophy Group, a body set up by the Fabian Society to assess the direction that the Labour movement should take following the failure of the Labour Party's policies in the British general election of 1983.

"In this book, one of Germany's most influential economists describes his country's economy, the largest in the European Union and the third largest in the world, and analyzes its weaknesses: poor GDP growth performance, high unemployment due to a malfunctioning labor market, an…