The big lack in this video is that: social market economy includes free education and free healthcare to give poorer people opportunity to advance along the rest of society.
and the big lack in your comment is the word "free"... everything has a purpose and paid through taxes: healthcare: good and healthy workers; unemployment payments: a security net, for not going buncrupt, back to work, and not into criminality and so on (public security) ... thats why public funds for cases in which the likelihood of resocialization (severe mental illnesses, drug addiction, homelessness) tend to be lower and are also or more based on donations from organizations and associations even in european countries. T And thats on of the biggest problem in the Mindset of the USA (in my opinion of course): American often think, that this system, the social spendings, that these were just welfare, they also mix up social market economy with the old definitions of socialism ... they don't realize that social funds like minimum wage, unemployment payments (public safety policy) general healthcare (economical efficiency) parental leave (as part and essential for familiy policy, but immigration is often cheaper) are for a safe and secure environment (SARE). USA don't have a weapon problem per se in my opinion, its their bad SARE... they have criminality like Gangs and Ghettos, a massive drug problem, homless people everywhere, they need gated communities, suburbs, own school busey... just because they prefere to invest in a big armed police system (even not in professional police trainings) and have no/minimal social funds, minimal money for public schools, little social security nets in general.... and that mixed up with the easy acces to weapons yea you see it. We also have a massove amount of private weapons in european countries, but not such sick security issues like the US. But they're proud of it, its "liberal" in there eyes and they have a masssssive lobbying culture and an old and not improvising legislative system... Europe is always in Change, From antiquity to the Middle Ages, lots of reforms, the first democracies, various other forms of government and events such as fascism, expressions of opinion from the strong left and right, the EU project and to this day experimental projects for the world in environmental policy, etc. Europe is simple in that regard routine and constantly evolving... And as often as we complain, thats a cool thing for Europe.
Even though I technically don't have to get these information since my school education is over I watch your videos cuz they are always a pleasure to watch
The social market economy is destined to replace the neoliberalism advanced by Kayak and mainstream political conservatives. The key to change is the harvesting of some global capital flows through public sector investment funds to foster public private partnerships for the delivery of inmfrastructure and community development. Australia's investment funds are too dependent on privatization measures. CSL was once in the public sector and privatized because of shortages of capital investment in the early 1990s. The seed capital for the Future Fund was largely derived from the LNPs' privatization of Telstra. Future generations will surely want more social market mechanisms through the harbesting of some global capital flows into public sector investment funds that pay dividends at the discretion of the fund.
@Charlie Ennis well yes but what kind? I guess most folks do but republican capitalism in the US is even more right wing economically than this social market because it has at least free healthcare and free college(or at least extremely cheap).
Flawed in the fact that the state is always involved at some level meaning that a true free market has never existed, nor has a fully centralized economy ever existed
I was confused with my teachers explanation because of online classes but now I understood everything with the soccer example
The big lack in this video is that: social market economy includes free education and free healthcare to give poorer people opportunity to advance along the rest of society.
Germany has a universal market based healthcare system where you still have to buy insurance but the poor are subsidized
Would that technically make it a mixed economy?
and the big lack in your comment is the word "free"... everything has a purpose and paid through taxes: healthcare: good and healthy workers; unemployment payments: a security net, for not going buncrupt, back to work, and not into criminality and so on (public security) ... thats why public funds for cases in which the likelihood of resocialization (severe mental illnesses, drug addiction, homelessness) tend to be lower and are also or more based on donations from organizations and associations even in european countries.
T
And thats on of the biggest problem in the Mindset of the USA (in my opinion of course): American often think, that this system, the social spendings, that these were just welfare, they also mix up social market economy with the old definitions of socialism ... they don't realize that social funds like minimum wage, unemployment payments (public safety policy) general healthcare (economical efficiency) parental leave (as part and essential for familiy policy, but immigration is often cheaper) are for a safe and secure environment (SARE). USA don't have a weapon problem per se in my opinion, its their bad SARE... they have criminality like Gangs and Ghettos, a massive drug problem, homless people everywhere, they need gated communities, suburbs, own school busey... just because they prefere to invest in a big armed police system (even not in professional police trainings) and have no/minimal social funds, minimal money for public schools, little social security nets in general.... and that mixed up with the easy acces to weapons yea you see it. We also have a massove amount of private weapons in european countries, but not such sick security issues like the US. But they're proud of it, its "liberal" in there eyes and they have a masssssive lobbying culture and an old and not improvising legislative system... Europe is always in Change, From antiquity to the Middle Ages, lots of reforms, the first democracies, various other forms of government and events such as fascism, expressions of opinion from the strong left and right, the EU project and to this day experimental projects for the world in environmental policy, etc. Europe is simple in that regard routine and constantly evolving... And as often as we complain, thats a cool thing for Europe.
It's not always free, but the government does subsidies those things if it isn't.
It was a extraordinary work with proper example and words.
Thank u.
Even though I technically don't have to get these information since my school education is over I watch your videos cuz they are always a pleasure to watch
Wow what an explaination man! Plz make a video on free market economy too. You explain so well!
any book you'd recommend for this topic?
A Future for Socialism, by John Roemer.
Best system. 😊
Awesome!
thank u so much, it helped a lot!
The social market economy is destined to replace the neoliberalism advanced by Kayak and mainstream political conservatives. The key to change is the harvesting of some global capital flows through public sector investment funds to foster public private partnerships for the delivery of inmfrastructure and community development. Australia's investment funds are too dependent on privatization measures. CSL was once in the public sector and privatized because of shortages of capital investment in the early 1990s. The seed capital for the Future Fund was largely derived from the LNPs' privatization of Telstra. Future generations will surely want more social market mechanisms through the harbesting of some global capital flows into public sector investment funds that pay dividends at the discretion of the fund.
In many ways, America had a social market economy before the Reagan years
Maybe
@@Sebman1113No, It was a mixed market economy
Do the free market economy!
YAY more monopolies!
A satanist economy is just as good and maybe even a hell of a lot better than capitalism.
@Charlie Ennis well yes but what kind? I guess most folks do but republican capitalism in the US is even more right wing economically than this social market because it has at least free healthcare and free college(or at least extremely cheap).
Flawed in the fact that the state is always involved at some level meaning that a true free market has never existed, nor has a fully centralized economy ever existed
What would you call the Chilean economy under the dictatorship of Pinochet?
@@zergblerg4930 It was a puppet state of the US, Authoritarian Capitalist
True "free market" doesn't work. Social market does work.
It has worked before, It was just terrible
@@zergblerg4930It's a Free Market economy