Bonefeld, Werner orcid.org/0000-0001-6709-5313 (2015) Crisis, Free Economy and Strong State:On Ordoliberalism. European Review of International Studies. pp. 5-14. ISSN 2196-7415
Abstract
The ordoliberal conception that the strong but limited state is the fundamental precondition of a free society entails a negative judgement about the character of market competition. In opposition to the laissez-faire idea of market self-regulation, it rejects as dangerous to the constitution of liberty the idea that markets always know best. Competition does not unite society. Instead, it manifests freedom in the form of unsocial relationships between economic agents and social classes. Ordoliberalism posits the state as planner for competition and guardian of enterprise. In this context, the article explores the ordoliberal meaning of democracy and liberal interventionism. It concludes by arguing that in the ordoliberal view, economic crises manifest a failure of political interventionism.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | This content is made available by the publisher under a Creative Commons Attribution-Non-Commercial Licence. This means that a user may copy, distribute and display the resource providing that they give credit and do not use it for commercial purposes. Users must adhere to the terms of the licence. |
Dates: |
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Institution: | The University of York |
Academic Units: | The University of York > Faculty of Social Sciences (York) > Politics (York) |
Depositing User: | Pure (York) |
Date Deposited: | 25 Feb 2016 11:12 |
Last Modified: | 21 Feb 2025 00:04 |
Status: | Published |
Refereed: | Yes |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:95200 |
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