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The social market economy (SOME; German: soziale Marktwirtschaft), also called Rhine capitalism, Rhine-Alpine capitalism, the Rhenish model, and social capitalism, [1] 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.
Access to care and Rationing are important dimensions of Health Policy and Management (HPAM) because they address the market force that impacts how and when people get health care services. Rationing in health care occurs due to scarcity; everyone cannot have access to every service and treatment because it would not be an efficient use of ...
In a system of free-market healthcare, prices for healthcare products and services are set freely by agreement between patients and health care providers, which are subject to the laws and forces of supply and demand and free from any intervention by a government, price-setting monopoly, or other outside authority.
Sweden has one of the highest income tax rates in the world, which translates to a high level of social welfare in the areas of education, healthcare and pensions. [23] This is a mostly utilitarian form of society and results in a low Gini coefficient, a measure of equality of income 0.25. [24]
Health policy can be defined as the "decisions, plans, and actions that are undertaken to achieve specific healthcare goals within a society". [1] According to the World Health Organization, an explicit health policy can achieve several things: it defines a vision for the future; it outlines priorities and the expected roles of different groups; and it builds consensus and informs people.
These inequalities may exist in the context of the health care system, or in broader social approaches. According to the WHO's Commission on Social Determinants of Health, access to health care is essential for equitable health, and it argued that health care should be a common good rather than a market commodity. [4]
This is an accepted version of this page This is the latest accepted revision, reviewed on 13 January 2025. Concept in political philosophy For the early-20th-century periodical, see Social Justice (periodical). For the academic journal established in 1974, see Social Justice (journal). Social justice is justice in relation to the distribution of wealth, opportunities, and privileges within a ...
The Adasina Social Justice Index is a stock market index of about 9,000 publicly traded securities. [3] Adasina is a financial analysis firm. [ 4 ] These securities are included in this index (or excluded from it) according to 4 criteria: racial justice , gender justice , economic justice and climate justice . [ 3 ]