1998 | OriginalPaper | Chapter
The Social Market Economy and the Varieties of Capitalism Introduction
Author : Peter Koslowski
Published in: The Social Market Economy
Publisher: Springer Berlin Heidelberg
Included in: Professional Book Archive
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The institutional setting of the market in the countries of the West varies. The differentiation of capitalisms in the West is indisputable. By the institutional setting or institutional framework of the market, the political and social institutions accompanying and supporting the market economy are described.