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What is Ordoliberalism

Chapter 12
Organizational Transformation and Managing Innovation in the Fourth Industrial Revolution
Current of thought also called the social market economy and born in the University of Freiburg that unites the positive results of state intervention (crowding-in effects) with the business freedom to achieve internal equilibria (low unemployment and low inflation) and external balances (equilibrium in the balance of payments) in a nation.
Published in Chapter:
Managing Social Innovation Through CSR 2.0 and the Quadruple Helix: A Socially Inclusive Business Strategy for the Industry 4.0
José Manuel Saiz-Alvarez (EGADE Business School, Tecnologico de Monterrey, Mexico)
Copyright: © 2019 |Pages: 17
DOI: 10.4018/978-1-5225-7074-5.ch012
Abstract
The quadruple helix models are widely used when you want to have an integrating vision of the strategies used to combat poverty in emerging countries, including Mexico. The objective of this chapter is to propose a novel model of quadruple helix based on ethics and CSR 2.0 that can lay the foundations to develop the Industry 4.0 in emerging countries. To achieve this objective, the author distinguishes between CSR 1.0 and 2.0. Second, these concepts are united with the economy of the common good and the economy of solidarity. These conceptual bases will allow us to develop the relationship between business ethics and the Industry 4.0 to reach some conclusions.
Full Text Chapter Download: US $37.50 Add to Cart
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Chapter 14
Fiscal Policy and Social Optimization for Developing Nations: Some Thoughts in the Digital Era
Born at the University of Freiburg (Germany), this School of Thought advocates that the State must act to avoid monopolies born in free market economies derived from fair competition. Therefore, for Ordoliberalism, the State must ensure the general welfare by creating an adequate legal environment to maintain a healthy level of competitiveness while following free market principles.
Published in Chapter: Fiscal Policy and Social Optimization for Developing Nations: Some Thoughts in the Digital Era; From: Handbook of Research on Social and Organizational Dynamics in the Digital Era
Full Text Chapter Download: US $37.50 Add to Cart
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