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Prof. Franz Josef Stegmann Bethlehem Social ... - Ordo Socialis

Prof. Franz Josef Stegmann Bethlehem Social ... - Ordo Socialis

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<strong>Stegmann</strong><br />

4. FROM A NEOLIBERAL TO A (GENUINE) SOCIAL MARKET ECONOMY ..................................... 30<br />

4.1 Market economy and social dimension -equal in weight ........................................................................... 30<br />

4.2 Human economic process - positive social results ..................................................................................... 30<br />

CONCLUSION.................................................................................................................................................... 31<br />

ECONOMIC COMPETITION .................................................................................... 33<br />

AND SOCIAL JUSTICE*.......................................................................................... 33<br />

INTRODUCTION............................................................................................................................................... 33<br />

1. CONTRADICTION BETWEEN MARKET ECONOMY AND MORALITY......................................... 34<br />

2. RESOLVING THE CONFLICT BETWEEN COMPETITION AND MORALITY BY THE<br />

FRAMEWORK................................................................................................................................................... 35<br />

3. FRAMEWORK: MAIN PLACE OF MORALITY IN MARKET ECONOMY....................................... 36<br />

3.1 Distinction between individual motives and national economic results..................................................... 36<br />

3.2 Distinction between framework for activities and activities within the framework ................................... 36<br />

3.3 Moral quality of the market........................................................................................................................ 37<br />

3.4 Main problems of a centrally planned and controlled economy.................................................................38<br />

3.4.1 Exclusion of the self-interest of individual economic participants..................................................... 39<br />

3.4.2 The problem of a rational economic calculation................................................................................. 40<br />

3.5 Advantages and disadvantages of market and competition........................................................................ 40<br />

3.6 Necessity of the framework........................................................................................................................ 41<br />

3.7 <strong>Social</strong> Market Economy and its framework ............................................................................................... 42<br />

3.8 Framework and individual moral commitment .......................................................................................... 44<br />

CONCLUSION.................................................................................................................................................... 44<br />

3

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