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The Birth of Austerity - German Ordoliberalism and Contemporary Neoliberalism (Hardcover)
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The Birth of Austerity - German Ordoliberalism and Contemporary Neoliberalism (Hardcover)
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Ordoliberalism and the 'Freiburg School' have gained traction in
contemporary political economy in response to two factors: a rising
interest in governmentality studies and the banking, financial and
sovereign debt crisis in Europe. In the face of these crises,
Germany has assumed a position of quasi-hegemony in the European
Union, making decisions about bailouts, the politics of crisis
management and the rise of austerity. This volume gathers together
English translations of seminal ordoliberal texts by thinkers
ranging from Walter Eucken and Wilhelm Roepke to Franz Boehm,
Alexander Rustow and Hans Grossmann-Doerth. Offering some
foundational insights into ordoliberalism, these essays give
insight into a field that is much misunderstood outside Germany.
The second half of the book comprises of analyses of contemporary
issues in light of ordoliberal thought, showing how its ideas
endure and relate directly to austerity policy across Europe.
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