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A Global Era Requires Modernizing Social
Democracy
Oskar Lafontaine, chairman of the
Social Democratic Party of Germany, is the powerful finance minister in
the new German government.
Bonn - The market needs a politically regulated
framework. The same principles of the "social market" and "ecological
market" model that apply to the national framework should also apply
to international economic realtions - that is, a free market system regulated
in accord with social and environmental responsibility. My plea for internatational
cooperation is not just utopian. A few years ago, the European single
market also seemed to be an unrealizable vision. Now it is a reality.
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