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    (Redirected from Welfare Capitalism)


    Social Capitalism, shortened to SocCap also known as Rhine Capitalism, Welfare Capitalism and Social market economy, is an economically centre to centre-right ideology which combines stances from both Socdem.png Social Democracy/Soclib.png Social Liberalism and Cap.png Capitalism.

    History

    Cball-Germany.png Germany

    One of the major factors for the emergence of SocCap was to improve the conditions of workers under capitalism in order to prevent the rising threat of Ormarxf.png Marx's socialist movement. Germany implemented the world's first welfare state and universal healthcare program in the 1880s under chancellor Bism.png Otto von Bismarck, who developed a program in which industry and state work closely to stimulate economic growth by giving workers greater security.

    Alfred Müller-Armack coined the term "Social market economy (Soziale Marktwirtschaft)" in 1946, it is seen as an evolution of Orlib.png Ordo-Liberalism.

    Following the end of WW2, chancellor CDU Party.png Konrad Adenauer implemented the social market economy model in Allied-occupied Germany. Ludwig Erhard was Adenauer's Minister of Economic Affairs and is primarily responsible for the Wirtschaftswunder.

    Cball-UK.png United Kingdom

    The Social market economy was first introduced to the UK by conservative politician Cdem.png Keith Joseph. Joseph, along with Thatcher.png Margaret Thatcher, founded the Centre for Policy Studies in 1973. The Centre is a think tank and pressure group that was originally created to study and promote the social market economy. Joseph wrote the first piece published by the centre, titled "Why Britain needs a social market economy." The Con-t.png conservative party has advocated the implementation of a social market economy, albeit with an emphasis on nationalism.

    Variants

    Soccap.png Social Market Economy (SOME)

    Social market economy is rooted in free market capitalism, alongside economic intervention in order to ensure fair competition, with additional support for a moderate welfare state. It is most commonly manifested in a privatized market economy used as an allocation mechanism, and that output can be increased through moderate economic interventionism on behalf of the state. This pairing can work and may even be complimentary, as this would decrease poverty and still allow economic freedom.

    Main tenets are Property.png private property, World.png free trade, Cap.png unregulated prices, moderate Regulationism.png economic intervention, accompanied with Welf.png welfare measures such as pensions, health care, unemployment benefits, and in some cases, universal basic income.

    ESME.png Eco-social Market Economy (ESME)

    Eco-social market economy is a type of SOME, which aims at balancing the previously mentioned concepts of social and economic justice, economic freedom with the Ecocap.png preservation of natural resources.

    Kubitschek.png Kubistchkekism

    PortSocDem.png Portugal Social Democracy

    Personality

    Social Capitalism cares about both the poor and money. Usually being referred to by other ideologies as the most Compassionate Capitalism. He was usually seen giving money to Poor People and helping others. Sometimes it spares its time to plant trees with Ecocap.png Eco-Capitalism.

    Usually hangs out with Welfarist and Capitalist Ideologies but sometimes also was friends with Environmentalists.

    How To Draw

    Flag of Social Capitalism
    1. Draw a ball and fill it with yellow.
    2. Draw a green rose in the center
    3. Add eyes
    4. Done!
    Color Name HEX RGB
    Yellow #FFF301 255, 243, 1
    Green #008000 0, 128, 0


    Relationships

    Friends

    Frenemies

    • Cap.png Capitalism - Dad! You have great ideas, but please have some decency, will you?
    • Hayek.png Hayekism - You're too laissez-faire for my taste, but at least you still realize the importance of having a basic safety net. Also, thanks for (maybe) inspiring my Orlib.png beloved son.
    • Social corpratism.png Social Corporatism - Welfare is good and all, but you simp for the third position. At least you don't go darwinist like Nazi.png one of your relatives.
    • WelfChauvin.png Welfare Chauvinism - Your desire to restrict welfare to certain people reminds me of Darwinist.png someone.
    • Alternative for germany ball.png AfDism - Like WelfChauvin.png him, calm down a bit. Though it's nice to see that you like Ordolib.
    • Capcom.png Capitalist Communism - Uhhh... Based?
    • Neoliberal-icon.png Neoliberalism - You're too unregulated, but Thatcher helped establish a SOME in the UK. Good to see 3way.png your child fully embraced me.

    Enemies

    Further Information

    Literature

    Videos

    Gallery

    1. A.k.a post-Covid-19 capitalism.

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