Rhenish capitalism
E82762
Rhenish capitalism is a coordinated market economy model, prominent in countries like Germany, that combines free-market principles with strong social welfare systems, worker participation, and regulatory frameworks to balance economic efficiency with social equity.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| Rhenish model | 1 |
Statements (50)
| Predicate | Object |
|---|---|
| instanceOf |
coordinated market economy
ⓘ
economic model ⓘ variety of capitalism ⓘ |
| aimsFor |
balance between economic efficiency and social equity
ⓘ
high employment stability ⓘ inclusive growth ⓘ |
| associatedWithCountry |
Austria
ⓘ
Belgium ⓘ Germany ⓘ Netherlands ⓘ Nordic countries ⓘ Switzerland ⓘ |
| basedOn | coordinated market economy principles ⓘ |
| characterizedBy |
bank-based financial system
ⓘ
co-determination ⓘ collective bargaining ⓘ consensus-oriented decision-making ⓘ cooperative industrial relations ⓘ dense business networks ⓘ extensive regulation ⓘ extensive social insurance ⓘ patient capital ⓘ sectoral employer associations ⓘ strong trade unions ⓘ strong welfare state ⓘ works councils ⓘ |
| contrastedIn | Varieties of Capitalism literature ⓘ |
| contrastsWith |
Anglo-Saxon capitalism
ⓘ
liberal market economy ⓘ |
| emphasizes |
income equality
ⓘ
long-term economic coordination ⓘ social cohesion ⓘ social market economy ⓘ social partnership ⓘ stakeholder capitalism ⓘ |
| hasAlternativeName |
Rhenish capitalism
ⓘ
surface form:
Rhenish model
Rhineland capitalism ⓘ |
| influencedBy |
Christian democracy
ⓘ
German social market economy tradition ⓘ ordoliberalism ⓘ |
| prioritizes |
long-term firm relationships
ⓘ
stakeholder interests over shareholder value ⓘ |
| regulates |
financial markets
ⓘ
labor markets ⓘ product markets ⓘ |
| supports |
apprenticeship systems
ⓘ
collective wage bargaining ⓘ corporatist policy-making ⓘ vocational training systems ⓘ worker participation in management ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
Rhenish model