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Why the Microlevel Determines the Future of the Social Market Economy?

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  • Nass Elmar

    (Wilhelm Loehe University of Applied Sciences, Fürth, Germany)

Abstract

The main concern of this paper was to identify the homogeneity between the micro- and macro-level of social market economy. It shows the transfer of the normative main idea of the social market economy to concepts of leadership ethics with which it is compatible concerning the basic ideas. They will be identified as leadership models of the social market economy and therefore differentiated from those that contradict these ideas. To this end, an attempt will first be made to recall the normative foundations of the social market economy. Leadership will be henceforth identified as an application area of this value basis on the microlevel. Subsequently, the systematic approach will be traced for a transfer from the macro-level to the microlevel.

Suggested Citation

  • Nass Elmar, 2018. "Why the Microlevel Determines the Future of the Social Market Economy?," Journal for Markets and Ethics, Sciendo, vol. 6(1), pages 107-119, June.
    • Handle: RePEc:vrs:jmaeth:v:6:y:2018:i:1:p:107-119:n:12
    DOI: 10.2478/jome-2018-0031
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    References listed on IDEAS

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    1. Joanne B. Ciulla, 2007. "The Importance of Leadership in Shaping Business Values," Springer Books, in: Walther Ch Zimmerli & Markus Holzinger & Klaus Richter (ed.), Corporate Ethics and Corporate Governance, pages 67-77, Springer.
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    3. James MacGregor Burns, 2007. "The Structure of Moral Leadership," Springer Books, in: Walther Ch Zimmerli & Markus Holzinger & Klaus Richter (ed.), Corporate Ethics and Corporate Governance, pages 87-94, Springer.
    4. Mark S. Schwartz, 2016. "Ethical Decision-Making Theory: An Integrated Approach," Journal of Business Ethics, Springer, vol. 139(4), pages 755-776, December.
    5. Boatright, John R., 1999. "Does Business Ethics Rest on a Mistake?," Business Ethics Quarterly, Cambridge University Press, vol. 9(4), pages 583-591, October.
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