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Social capital is a concept used in sociology and economics to define networks of relationships which are productive towards advancing the goals of individuals and groups. [1] [2] It involves the effective functioning of social groups through interpersonal relationships, a shared sense of identity, a shared understanding, shared norms, shared values, trust, cooperation, and reciprocity.
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.
Various social democratic mixed economies are state capitalist, consisting of large commercial state enterprises that operate according to the laws of capitalism and pursue profits, that have evolved in countries which have been influenced by various elected socialist political parties and their economic reforms. While these policies and ...
Magyar; Македонски ... Social democracy; ... Socialism for the rich and capitalism for the poor; Socialism in liberal democratic constitutions; Socialist ...
Social ownership can be public, collective or cooperative ownership, or citizen ownership of equity. [12] Socialism has numerous variants and so no single definition encapsulating all of them exists, [ 13 ] with its definition subject to ongoing academic scrutiny and redefining, [ 14 ] although social ownership acts as a common element shared ...
Today, welfare capitalism is most often associated with the models of capitalism found in Central Mainland and Northern Europe such as the Nordic model, social market economy and Rhine capitalism. In some cases, welfare capitalism exists within a mixed economy, but welfare states can and do exist independently of policies common to mixed ...
The socialist mode of production, also known as socialism or communism, [a] is a specific historical phase of economic development and its corresponding set of social relations that emerge from capitalism in the schema of historical materialism within Marxist theory.
Emmanuel Jean-Michel Frédéric Macron (French: [emanɥɛl makʁɔ̃]; born 21 December 1977) is a French politician who has served as President of France since 2017. He previously was Minister of Economics, Industry and Digital Affairs under President François Hollande from 2014 to 2016 and deputy secretary-general to the president from 2012 to 2014.