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Conservative Liberalism, Ordo-liberalism, and the State - Disciplining Democracy and the Market (Hardcover)
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Conservative Liberalism, Ordo-liberalism, and the State - Disciplining Democracy and the Market (Hardcover)
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This book uses extensive original archival and elite interview
research to examine the attempt to rejuvenate liberalism as a means
of disciplining democracy and the market through a new rule-based
economic and political order. This rebirth took the form of
conservative liberalism and, in its most developed form,
Ordo-liberalism. It occurred against the historical background of
the great transformational crisis of liberalism in the first part
of the twentieth century. Conservative liberalism evolved as a
cross-national phenomenon. It included such eminent and cultured
liberal economists as James Buchanan, Frank Knight, Henry Simons,
Ralph Hawtrey, Jacques Rueff, Luigi Einaudi, Walter Eucken,
Friedrich Hayek, Alfred Muller-Armack, Wilhelm Roepke, Alexander
Rustow, and Paul van Zeeland, as well as leading lawyers like Louis
Brandeis, Franz Boehm, and Maurice Hauriou. Conservative liberals
also played a formative role in establishing new international
networks, notably the Mont Pelerin Society. The book investigates
the rich intellectual inheritance of this variant of new liberalism
from aristocratic liberalism, ethical philosophy, and religious
thought. It also locates the social basis of conservative
liberalism and Ordo-liberalism in the cultivated bourgeois
intelligentsia. The book goes on to examine the attempts to embed
this new disciplinary form of liberalism in Britain, France,
Germany, Italy, and the United States, and to consider the
determinants of its varying significance across space and over
time. It concludes by assessing the historical significance and
contemporary relevance of conservative liberalism and
Ordo-liberalism as liberalism confronts a new transformational
crisis at the beginning of the new millennium. Is their promise of
disciplining democracy and the market a hollow one?
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