GERMAN SOCIAL DEMOCRACY
- Sozialemarktwirtschaft (the Social Market
Economy).
- Framework regulation
- High competitiveness w/ social benefits
- Conservative monetary policy through
the Bundesbank: a stable, strong DM
- The Welfare State
- Class Alliances (big & small business, finance,
and labor).
- "Strong Parties (CDU-CSU/FDP/SPD)
- The 5 percent rule
- PR list voting w/ single-member district
balloting
- No ideological polarization
"External rigidity with internal flexibility."