Why does america not have a social market economy?

[Mary]

The sociaL MARKET ECONOMY is specific to Germany .In fact this system is merely a type of Mixed Economy Systems which most western nations have including the US.

From the URL : "The social market economy seeks a middle path between socialism and laissez-faire economic liberalism (i.e. a mixed economy), combining private enterprise with government regulation "

So in fact the US has form of Social Market economy for they both are Mixed Exonomies (See URL below )


I am not suMixed economy is an economic system in which both the state and private sector direct the economy, reflecting characteristics of both market economies and planned economies.[1] e