The long financial crisis, the failure and the bailout of some giants of the financial world, the injections of liquidity to support the market, the levels of public intervention to contain what some analysts defined in 2008 as the “fall of Wall Street, or the “collapse Wall Street”, lead us to reflect on the relationship between politics and economics. With this work we intend to present the perspective of the Social Market Economy and its difficult reception by the Italian politics. We will do so, by making use of the reflection of some important Italian analysts of the contemporary Italian political history and by presenting the contribution of the Italian political scientist Luigi Sturzo. A contribution that allows us to highlight the international dimension of the model of the Social Market Economy and also to understand the reasons for the difficult of its implementation in our Italy. From this reflection, we cultivate the hope that the awareness that an era is over and the recovery of a thought as current as that of Sturzo’s will lead the ruling classes of domestic and global culture to reconsider the relevance of the rules for the market discipline. Free competition is a good too important to sink under the waves of irresponsibility and greed of bankers, managers and politicians. We need to understand that the free market does not exist outside of the rules of free competition. This is, perhaps, the most precious and significant legacy we have received from reading the works of the fathers of the Social Market Economy, among whom we count also Luigi Sturzo.

Luigi Sturzo and the Social Market Economy. A popular and Liberal perspective

flavio felice
2018-01-01

Abstract

The long financial crisis, the failure and the bailout of some giants of the financial world, the injections of liquidity to support the market, the levels of public intervention to contain what some analysts defined in 2008 as the “fall of Wall Street, or the “collapse Wall Street”, lead us to reflect on the relationship between politics and economics. With this work we intend to present the perspective of the Social Market Economy and its difficult reception by the Italian politics. We will do so, by making use of the reflection of some important Italian analysts of the contemporary Italian political history and by presenting the contribution of the Italian political scientist Luigi Sturzo. A contribution that allows us to highlight the international dimension of the model of the Social Market Economy and also to understand the reasons for the difficult of its implementation in our Italy. From this reflection, we cultivate the hope that the awareness that an era is over and the recovery of a thought as current as that of Sturzo’s will lead the ruling classes of domestic and global culture to reconsider the relevance of the rules for the market discipline. Free competition is a good too important to sink under the waves of irresponsibility and greed of bankers, managers and politicians. We need to understand that the free market does not exist outside of the rules of free competition. This is, perhaps, the most precious and significant legacy we have received from reading the works of the fathers of the Social Market Economy, among whom we count also Luigi Sturzo.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11695/82493
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