PUBLIC INTEREST IN THE SOCIAL ECONOMY

Abstract

The social market economy requires multifaceted care to preserve its essence (standard) and the appropriate balance between ‘marketisation’ and ‘socialisation’. This should be fostered by defining the content of the ‘public interest’ clause, and the social interest in particular, when determining all circumstances related to the functioning of the social market economy because it is in the public (social) interest for the market economy to be linked to social needs. The public (social) interest is at the same time the premise for the formation and development of what is to be regarded as the ‘social economy’. The same interest requires that the created social economy should be supported by providing it with the assistance of both a subjective and functional nature.