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Freedom with ResponsibilityThe Social Market Economy in Germany 1918-1963$
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A. J. Nicholls

Print publication date: 2000

Print ISBN-13: 9780198208525

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198208525.001.0001

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Erhard and the CDU

Erhard and the CDU

Chapter:
(p.234) 11 Erhard and the CDU
Source:
Freedom with Responsibility
Author(s):

A. J. Nicholls

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198208525.003.0013

This chapter focuses on Erhard's economic policies as economic director of the Bizone and his alliance with the CDU. Erhard considered that a party like the CDU would obviously give the freedom and worth of the individual personality high priority, and would also bring with it consequential requirements in the field of economic policy. The chapter also highlights the Ahlen Programme, a socio-economic statement influenced by Christian Socialist thinking including an apparent commitment to replace capitalist strivings for profit and power with devotion to the common good. The social market economy of Erhard is in sharp contrast to the so-called ‘free economy’ of the liberalistic variety. He was of the view that in order to prevent a relapse into the ‘free economy’, it is necessary to protect creative competition by independent control of monopolies.

Keywords:   CDU, Ahlen Programme, social market economy, monopoly, economic policy, laissez-faire, currency reform, free-market economics, Ludwig Erhard

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