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Ordoliberalism, Law and the Rule of Economics (Hardcover)
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Ordoliberalism, Law and the Rule of Economics (Hardcover)
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Ordoliberalism is a theoretical and cultural tradition of
significant societal and political impact in post-war Germany. For
a long time the theory was only known outside Germany by a handful
of experts, but ordoliberalism has now moved centre stage after the
advent of the financial crisis, and has become widely perceived as
the ideational source of Germany's crisis politics. In this
collection, the contributors engage in a multi-faceted exploration
of the conceptual history of ordoliberalism, the premises of its
founding fathers in law and economics, its religious underpinnings,
the debates over its theoretical assumptions and political
commitments, and its formative vision of societal ordering based
upon a synthesis of economic theories and legal concepts. The
renewal of that vision through the ordoliberal conceptualisation of
the European integration project, the challenges of the current
European crisis, and the divergent perceptions of ordoliberalism
within Germany and by its northern and southern EU neighbours, are
a common concern of all these endeavours. They unfold
interdisciplinary affinities and misunderstandings, cultural
predispositions and prejudices, and political preferences and
cleavages. By examining European traditions through the lens of
ordoliberalism, the book illustrates the diversity of European
economic cultures, and the difficulty of transnational political
exchanges, in a time of European crisis.
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