Abstract
The decline of social democracy in Europe during the last decade is one of the examples which seem to show that there is no other global alternative for a state regulation under the market in the globalisation context. The predominance of the market in a political economy is not recent. Adam smith and the classics, with the concept of "minimal state" have always been much debated because of the standardized normative definition of wealth. Does the wealth of a nation mean economic growth or in contrary the development of infrastructures like an efficient education, health, or transport system? The fall of the communist bloc at the beginning of the 90s has shown that only the market economy can provide the necessary economic growth for the development of national wealth. Nevertheless it still appears that the market needs at least a basic state regulation in order to guarantee a fair competition in a reasonable social context. Consequently how to promote the economic growth that needs market efficiency and also the necessary state regulations for sharing and protecting the wealth of the nations?
The current relationship between the state and the market appears as a consequence of an extensive historical collection, opposing theoretical, critical and empirical assumptions of the economic and social matters. As a result of this process the state in an ever open context, tries to adapt its political responses to the global market challenge for promoting the wealth of nations.
