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Rebuilding Germany - The Creation of the Social Market Economy, 1945-1957 (Hardcover, New)
Loot Price: R2,474
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Rebuilding Germany - The Creation of the Social Market Economy, 1945-1957 (Hardcover, New)
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The social market economy has served as a fundamental pillar of
post-war Germany. Today, it is associated with the European welfare
state. Initially, it meant the opposite. Rebuilding Germany
examines the 1948 West German economic reforms that dismantled the
Nazi command economy and ushered in the fabled 'European Miracle'
of the 1950s. Van Hook evaluates the US role in German
reconstruction, the problematic relationship of Chancellor Konrad
Adenauer and his economics minister, Ludwig Erhard, the West German
'economic miracle', and the extent to which the social market
economy represented a departure from the German past. In a nuanced
and fresh account, Van Hook evaluates the American role in West
German recovery and the debates about economic policy within West
Germany, to show that Germans themselves had surprising room to
shape their economic and industrial system.
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