Kurt Schumacher and Social market economy

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Difference between Kurt Schumacher and Social market economy

Kurt Schumacher vs. Social market economy

Kurt Ernst Carl Schumacher (13 October 1895 – 20 August 1952) was a German social democratic politician, who served as chairman of the Social Democratic Party of Germany from 1946 and was the first Leader of the Opposition in the West German Bundestag from 1949 until his death in 1952. The social market economy (SOME; soziale Marktwirtschaft), also called Rhine capitalism, is a socioeconomic model combining a free market capitalist economic system alongside social policies which establish both fair competition within the market and a welfare state.

Basic Law for the Federal Republic of Germany

The Basic Law for the Federal Republic of Germany (Grundgesetz für die Bundesrepublik Deutschland) is the constitution of the Federal Republic of Germany.

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Bundestag

The Bundestag ("Federal Diet") is the German federal parliament.

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Christian Democratic Union of Germany

The Christian Democratic Union of Germany (Christlich Demokratische Union Deutschlands, CDU) is a Christian democratic and liberal-conservative political party in Germany.

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Christian Social Union in Bavaria

The Christian Social Union in Bavaria is a Christian-democratic and conservative political party in Germany.

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Free Democratic Party (Germany)

The Free Democratic Party (Freie Demokratische Partei, FDP) is a liberal and classical liberal political party in Germany.

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German Empire

The German Empire (Deutsches Kaiserreich, officially Deutsches Reich),Herbert Tuttle wrote in September 1881 that the term "Reich" does not literally connote an empire as has been commonly assumed by English-speaking people.

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Konrad Adenauer

Konrad Hermann Joseph Adenauer (5 January 1876 – 19 April 1967) was a German statesman who served as the first Chancellor of the Federal Republic of Germany (West Germany) from 1949 to 1963.

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Ludwig Erhard

Ludwig Wilhelm Erhard (4 February 1897 – 5 May 1977) was a German politician affiliated with the CDU and the second Chancellor of the Federal Republic of Germany (West Germany) from 1963 until 1966.

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Social Democratic Party of Germany

The Social Democratic Party of Germany (Sozialdemokratische Partei Deutschlands, SPD) is a social-democratic political party in Germany.

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Socialism

Socialism is a range of economic and social systems characterised by social ownership and democratic control of the means of production as well as the political theories and movements associated with them.

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West Germany

West Germany is the common English name for the Federal Republic of Germany (FRG; Bundesrepublik Deutschland, BRD) in the period between its creation on 23 May 1949 and German reunification on 3 October 1990.

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