Prof. Franz Josef Stegmann Bethlehem Social ... - Ordo Socialis
Prof. Franz Josef Stegmann Bethlehem Social ... - Ordo Socialis
Prof. Franz Josef Stegmann Bethlehem Social ... - Ordo Socialis
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<strong>Stegmann</strong><br />
Economy, in the fall sense of the term, recognises the social dimension as essential and equal<br />
in weight to all economic activities; and it provides from the very beginning those conditions<br />
that are needed for "a human economic process and its positive social results". 79 A mere<br />
"regulated competition" is not sufficient.<br />
To express it metaphorically: the bread we eat must first be baked, and for that we need an<br />
oven that works well - ie, we need an economy that operates efficiently. And competition and<br />
markets are able - more than any economic systems we currently know - to utilise the scarce<br />
and limited economic potential in the best possible way. The bread, however, must not be<br />
baked under inhuman working conditions and it must be fairly distributed; everyone must get<br />
a just share. For that, what is needed is a framework shaped by the legislator in alignment<br />
with the common good and carried through by state policy; this is more than the pure<br />
neoliberal model demands.<br />
* This paper was presented by <strong>Prof</strong>. <strong>Stegmann</strong> at The Winter School – St Augustine College,<br />
Johannesburg (July 1998) – under the title “<strong>Social</strong> market economy: a good chance or a<br />
wrong track?” The paper has since been revised and extended.<br />
79 See note 37.<br />
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