A Political Economy of Power

Fèvre, Raphaël

doi:10.1093/oso/9780197607800.001.0001

Cited by 6 publications

(1 citation statement)

References 76 publications

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“…Las formas institucionales que, en el mundo moderno, adoptan las combinaciones de las diferentes autotrascendencias son varias. Entre ellas, una de las más definitoria es la independencia de los bancos centrales, que va pareja con la limitación de la deuda pública, que como es sabido, bajo la hubris ordoliberal 16 (Commun, 2016) o quizás la de su espectro (Fèvre, 2021), incluso se ha constitucionalizado 17 . Esta independencia se fundamenta en supuestos rigurosamente falsos y se manifiesta bajo formas paradójicas 18 .…”

Section: Las Formas De La Independenciaunclassified

Instituciones independientes y policrisis

Nuñez¹

2023

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The struggle for hegemony has adopted in the modern world an imperial form that is not recognizable with the classical canons of what is understood by empire. But it works as such, leveraging on the currency. Of the various elements of the panoply of imperial construction, we will deal here with the idea of independence of institutions, including those of currency management; independence of popular sovereignty in the case of the center of the empire and national-popular in the case of the territories subject to domination. The idea of the independence of institutions builds the paradigm of a natural evolution of the world, so that power ceases to be the elaboration and imposition of alternatives to become the interpretation of arcane signs. In this way, the “sigetics” of suffering for common people is built, where its causes appear as a result of simple chance -bad luck- or maladjustment -bad construction- or laziness -bad will-. In the first part we will analyze the theoretical bases of the construction of independence, in the second we will analyze some of its consequences and, in the third part, we will propose some conclusions and solutions that ordinary people can promote to regain control of the future of the world.

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Section: Las Formas De La Independenciaunclassified

Instituciones independientes y policrisis

Nuñez¹

2023

Preprint

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When Liberty Presupposes Order: F. A. Hayek’s Contextual Ordoliberalism

Kolev

2023

J Hist Econ Thought

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This paper embeds the early political economy of Friedrich August von Hayek in the intellectual milieu of German ordoliberalism. The urgency during the 1930s and 1940s to stabilize the disintegrating societal orders is identified as a crucial driver behind the parallelisms between Hayek and the ordoliberals. Their shared theoretical position is that in such moments, liberty can thrive sustainably only after a framework of general and stable rules has been established. Hayek’s proximity to ordoliberalism was most explicitly discernible in The Road to Serfdom and at the founding meeting of the Mont Pèlerin Society in 1947, culminating in the shared politico-economic vision of the competitive order. The contextual nature of Hayek’s ordoliberalism surfaced in the years after The Constitution of Liberty when his focus shifted, along with the postwar intellectual and institutional stabilization of the West: from how stable orders enable liberty, to how liberty enables the evolution of orders.

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Framing the Market: The Unexpected Commonalities between Karl Polanyi and the Ordoliberals

Dekker

2022

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There has been a resurgence in scholarship on Karl Polanyi in recent years, against the backdrop of rising populism and critiques of globalization and financialization. In these works, Polanyi is typically portrayed as critic of the contested notion of ‘neoliberalism’. In this paper I demonstrate that, to the contrary, Polanyi’s Great Transformation (1944) shares many of the themes central to the contributions of the early neoliberals, specifically the ordoliberal thinkers. Polanyi and the ordoliberals did not only seek to analyze the origins of the same social crisis of the 1930 s and 40 s, but their analysis of the deficiencies of nineteenth-century liberalism as well as the subsequent disintegration through rapidly growing interventions in favor of powerful groups in society has much in common. This paper explores these similarities and demonstrates that they also extended to the way they perceived the responsibility of scientists as well as the interdependence of the various orders in society. It is argued that the ordoliberals, their fellow-traveler F. A. Hayek and Karl Polanyi all perceived the interdependence between the state, civil society and the market somewhat differently, but agreed on the need to conceptualize the relationship between the three. Finally, it is suggested that even the normative ideal of Karl Polanyi, the realization of ‘freedom in a complex society’, has important commonalities with the ordoliberal program: the protection of individual freedom from concentrated forms of power in society.

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A Political Economy of Power

Cited by 6 publications

References 76 publications

Instituciones independientes y policrisis

Instituciones independientes y policrisis

When Liberty Presupposes Order: F. A. Hayek’s Contextual Ordoliberalism

Framing the Market: The Unexpected Commonalities between Karl Polanyi and the Ordoliberals

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