The Ordo Manifesto of 1936

Böhm, Franz; Eucken, Walter; Grossmann-Doerth, Hans

doi:10.1007/978-1-349-20145-7_2

Cited by 92 publications

(17 citation statements)

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“…readily accepted by all men, an elite deriving its title solely from supreme performance and peerless moral example' (Röpke 1998: 130). For Böhm (Böhm et al 1936) this elite consists of the intellectuals of the public spirit that help government to make policy according to economic insight. Understanding economic development, says Eucken (1932: 320) is very difficult and therefore 'requires robust theoretical instruction'.…”

Section: Werner Bonefeldmentioning

confidence: 99%

Freedom and the Strong State: On German Ordoliberalism

Bonefeld

2012

New Political Economy

236

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Ordoliberalism is the theory behind the German social market economy. Its theoretical stance developed in the context of the economic crisis and political turmoil of the Weimar Republic in the late 1920s. It is premised on the strong state as the locus of liberal governance, and holds that economic freedom derives from political authority. In the context of the crisis of neoliberal political economy and austerity, and debates about the resurgence of the state vis-à-vis the economy, the article introduces the ordoliberal argument that the free economy presupposes the exercise of strong state authority, and that economic liberty is a practice of liberal governance. This practice is fundamentally one of social policy to secure the sociological and ethical preconditions of free markets. The study of ordoliberalism brings to the fore a tradition of a state-centric neoliberalism, one that says that economic freedom is ordered freedom, one that argues that the strong state is the political form of free markets, and one that conceives of competition and enterprise as a political task.

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Section: Werner Bonefeldmentioning

confidence: 99%

Freedom and the Strong State: On German Ordoliberalism

Bonefeld

2012

New Political Economy

236

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“…Moreover, they are incapable of divorcing themselves from their own economic interests which, as a rule, inevitably results in the welfare of their own professional field being confused with that of the national economy as a whole. (Böhm et al 2017 , 27)…”

Section: Between Norms and Reasonmentioning

confidence: 98%

“…This is not only for the sake of science but, more important, in the interests of the economic life of the German nation. (Böhm et al 2017 , 28)…”

Section: Between Norms and Reasonmentioning

confidence: 98%

Ordoliberalism and the Rethinking of Liberal Rationality

Miettinen

2020

Political Economy and International Order in Interwar Europe

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Ordoliberalism is often referred to as the German version of neoliberalism and the dominant economic ideology behind the European economic constitution. Following the German experience of the interwar period, ordoliberal theory is best known for its emphasis on state and rule-based coordination for a functioning market economy. This article deals with the intellectual genealogy of ordoliberalism. It challenges conventional interpretations that frame ordoliberalism as a reaction to historical events, political ideologies, or competing economic theories. Instead of a political or economic doctrine, the project examines ordoliberalism as a philosophical and moral program that formulated itself in opposition to classical liberalism.

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“…Solchany (2014) cites a letter from Röpke to Rüstow that addresses the discord between Röpke and Muthesius following Hellwig's article (112). 8 Eucken-Erdsiek, Hayek, Lutz, Mises, Mötteli, Muthesius, part of an overall institutional framework, the so-called economic constitution (Böhm et al [1936(Böhm et al [ ] 1989. Instead of considering the individual choice calculus within a given framework of rules, they aimed to examine choice among rules − a concept much closer to Adam Smith's original objective for Political Economy than to the Walrasian tradition.…”

Section: The (Ordo)liberalism Of the Freiburg Schoolmentioning

confidence: 99%

The Muthesius Controversy

Köhler¹,

Nientiedt²

2017

History of Political Economy

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I. Introduction The competition law of the Federal Republic of Germany came into effect on January 1st, 1958, replacing the Allied antitrust regulations that had prevailed since World War II. The passing of the law marked the end of a long debate on the specifics of regulating anticompetitive behavior in which several proposals had been considered by the Federal Parliament (Gerber 1998, 274-76). On a more fundamental level, however, this debate also touched upon the question of whether anti-competitive behavior should be regulated at all. The importance of such a regulation was emphasized by German ordoliberals in the tradition of Walter Eucken, but was rejected by liberals who argued along the lines of the Austrian school. 2 As the monetary economist Friedrich Lutz, a student of Eucken, noted in 1956: "The discussion about cartels has revealed a deep rift among the liberals in Germany" (Lutz [1956] 1989, 152). The tension between the Austrian and the ordoliberal position became evident in a journalistic controversy of this period that involved several prominent liberal intellectuals, most of them members of the Mont Pelerin Society (MPS). 3 The controversy was sparked by an article in the very first issue of the Monatsblätter für freiheitliche Wirtschaftspolitik, a publication edited by MPS associate Volkmar Muthesius. The essay in question was authored

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The Ordo Manifesto of 1936

Cited by 92 publications

References 1 publication

Freedom and the Strong State: On German Ordoliberalism

Freedom and the Strong State: On German Ordoliberalism

Ordoliberalism and the Rethinking of Liberal Rationality

The Muthesius Controversy

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