3. Neoliberalism in Germany: Revisiting the Ordoliberal Foundations of the Social Market Economy

Theorizing ideational continuity: The resilience of neo-liberal ideas in Europe

“…30 The concept of the social-market economy owes much to the theoretical work on ordo-liberalism and the 'competitive market economy' of Walter Eucken (1950), begun in the 1930s, in addition to those mentioned previously such as Erhard, Armack-Müller, and Röpke. See Lehmbruch 1999 andPtak 2009; see also discussions by Gamble and Schmidt and Woll, both in this volume. dismantling 'state intervention' in markets, particularly with regard to macroeconomic management of the economy, nationalized industries, and industrial planning. Its central assumption was that the state's main legitimate role was to enforce undistorted competition.…”

Trafficking in Transnational Brands: The New “Broadway-Style” Musical

“…Although the West German state was committed to a social market economy (Soziale Marktwirtschaft)-which in fact evolved from a state-oversight subspecies of neoliberalism called ordoliberalism-the reunified nation has become increasingly, if complexly, neoliberalized. 5 South Korea, on the other hand, began a governmentsponsored program of economic and cultural globalization (segyehwa) in 1993 that has produced impressive results. 6 Since the mid-1990s, both nations have seen a boom in Broadway-style entertainments as local producers have bought, renovated, and built theatres to accommodate both imported and home-grown Broadway-scale shows and European producers, like the Dutch-based Stage Entertainment, began investing in Broadway shows (fifteen between 1993 and 2012).…”

The Chronic Social: Relations of Control Within and Without Neoliberalism

“…A progressive manifestation of this would be the 'social market' model, combining high levels of public provision with strict neoliberal policies in relation to anti-trust and monetary regulation. 53 But a more influential alternative has been to use the disciplinary power of accounting, management and economics as a perpetual critique of state, society and public. 54 Hence, actually existing neoliberalism has witnessed both increased power for control by financial markets, and increased power for discipline by audit, nature of markets that they never reach a judgement on this one way or the other.…”