You believe in achieving a well-regulated market economy that promotes social justice, individual freedom, and economic stability through strong government intervention.
Ordoliberalism is a political ideology that emerged in Germany in the late 1930s and early 1940s, primarily as a response to the economic crises of the time. It was developed by a group of economists and legal scholars known as the Freiburg School, who were based at the University of Freiburg. The term "ordoliberalism" itself was coined by one of these scholars, Walter Eucken, and it derives from the Latin word "ordo," meaning order.
Ordoliberalism is often considered a variant of neoliberalism, but it differs in several key respects. While both ideologies advocate…
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How important is it to you that everyone has a basic standard of living, and why?
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Very much so, a basic standard of living is a basic human right and should be treated as such.
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How might a policy of fiscal discipline affect everyday people during times of economic hardship?
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they might higten tax, but that wouldnt be fair on the working man so more tax on the rich.
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Reflect on a moment when competition felt overwhelming; could regulation have changed that experience for you?
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Competition is a necessary part of business; product and price is king; erecting trade barriers limits world trade.
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In what ways could your future career choices be affected by government economic policies?
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If the government fails to manage the economy correctly there will be less career choice.
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