Ideologies / Welfare Capitalist / Ludwig Erhard
Ludwig Erhard — ink portrait
§ The minds · 1897–1977 · Germany · Chancellor

Ludwig Erhard

Prosperity for all

The social market economy.

Economic+11
SocialistMarket
Governance−18
LibertarianAuthoritarian
Social−12
TraditionalProgressive
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The economics minister behind West Germany's 'economic miracle', whose social market economy fused free competition with a social safety net — welfare capitalism's continental archetype.

social

Moderately conservative, post-war Christian-democratic milieu.

economic

Father of the 'soziale Marktwirtschaft' — free markets cushioned by social guarantees.

governance

Liberal-democratic steward of the German economic miracle.

Notable for
  • The German 'Wirtschaftswunder'
  • 'Prosperity for All'
  • Social market economy
social-marketwirtschaftswunderordoliberalism
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