The Social Market Economy as Part of the General Order: Political, Normative and Historical Background

Germany’s Social Market Economy is integrated into its political system, parliamentary democracy. The economic and political subsystems have been linked in the past forty years to good effect. The high level of internal acceptance of parliamentary democracy has helped the Social Market Economy to develop in an extremely stable political environment. Conversely, the economic successes of the Social Market Economy have enhanced the acceptance of the political system.