"Economically ignorant moralism is as objectionable as morally callous economism. Ethics and economics are two equally difficult subjects, and while the former needs discerning and expert reason, the latter cannot do without humane values."
Ordo-Liberalism, clipped to Ordolib, is an economically center-right, statist, and culturally variable (but never beyond center-right) ideology which is the son of Error creating thumbnail: Unable to save thumbnail to destination Liberalism and Error creating thumbnail: Unable to save thumbnail to destination Social Capitalism. It can be defined as in-between the more laissez-faire approach of Error creating thumbnail: Unable to save thumbnail to destination Classical Liberalism and the slightly more paternalistic approach of Error creating thumbnail: Unable to save thumbnail to destination Modern Liberalism.
History
Foundation
Ordoliberalism arose in 1930's Error creating thumbnail: Unable to save thumbnail to destination Germany as a rejection of Error creating thumbnail: Unable to save thumbnail to destination laissez-faire economics, Error creating thumbnail: Unable to save thumbnail to destination excessive interventionism and most of all, Error creating thumbnail: Unable to save thumbnail to destination central planning, which Error creating thumbnail: Unable to save thumbnail to destination Walter Eucken, who was additionally a very early critic of the Nazi regime, fiercely criticized. It served as a foundation of much of the post-war German economic system and is usually credited with the post-war economic miracle. It believes that the role in the economy of the state is to assure that free markets give the theoretical results they are supposed to give; that the role of the state is to make sure markets are not monopolized or cartelized since that's what is in the way of markets stagnating.
Ordoliberals promoted the concept of the social market economy, and this concept promotes a strong role for the state with respect to the market, which is in many ways different from the ideas of Error creating thumbnail: Unable to save thumbnail to destination Neoliberalism. Oddly the term "Neoliberalism" was first coined in 1938 by Error creating thumbnail: Unable to save thumbnail to destination Alexander Rüstow, who is regarded an Ordoliberal today. This is because at the start of the 20th century any kind of political Liberalism was seen badly, so when ordo-liberalism became popular it was regarded as "Neoliberalism" or "New Liberalism."
Although Ordo-Liberalism originated in Error creating thumbnail: Unable to save thumbnail to destination Germany, the ideology is not exclusive to that country, as the founders emphasized the need to address a state's cultural, social, and political circumstances. Most present-day Error creating thumbnail: Unable to save thumbnail to destination Christian Democratic parties are economically ordo-liberal. The Error creating thumbnail: Unable to save thumbnail to destination Rockefeller Republicans in the Error creating thumbnail: Unable to save thumbnail to destination United States were almost identical to the OrLibs in policy.
Error creating thumbnail: Unable to save thumbnail to destination Relationship with Hayek
According to some economists, Error creating thumbnail: Unable to save thumbnail to destination Friedrich August von Hayek played a fundamental role in the development of ordoliberalism, whereas some claim that he was an integral part of the movement itself. This claim could be made in respect to the close relationship between Hayek and the Freiburg School as well as both of their support for competition and free markets, along with the existence of basic government-provided services.
However, there also existed a large fraction of economists who saw a greater rift between "neoliberals" (nowadays called ordoliberals) and classical liberals (or "paleoliberals") such as Hayek, seeing the latter's views as antiquated. Some economists even saw his views as antagonistic towards true ordoliberalism. Hayek however viewed himself as the true successor and legacy to Eucken and his works respectively, though later on he would re-associate with the classical liberals instead. Nonetheless, a large portion of analysts saw Hayek as part of the Error creating thumbnail: Unable to save thumbnail to destination Austrian School of Economics from the very beginning, ultimately perceiving his goals as too laissez-faire and minarchistic.
Personality and Behaviour
Ordoliberalism will usually be portrayed as a Error creating thumbnail: Unable to save thumbnail to destination German and a bureaucrat. He likes order and likes to stop any "weird shenanigans".
How to Draw
Ordolib's design is usually shown as Error creating thumbnail: Unable to save thumbnail to destination Lib's design with the globe replaced with a police badge.
- Draw a ball
- Fill it blue
- In gold draw a shield with a flat surfaces in top-right and top-left corners and a spike at the top of the shield
- Within a shield draw in the shade of blue a circle
- Within the circle, draw a star
- Add the eyes, and you're done!
An alternate design exists where instead of the police badge, there's a Bundesadler.
| Color Name | HEX | RGB | |
|---|---|---|---|
| Blue | #005C95 | 0, 92, 149 | |
| Gold | #EFE9AB | 239, 233, 171 | |
Relationships
Friends
- Error creating thumbnail: Unable to save thumbnail to destination Liberalism - My based dad.
- Error creating thumbnail: Unable to save thumbnail to destination Social Capitalism - My other based dad, where I got my economic model.
- Error creating thumbnail: Unable to save thumbnail to destination Classical Liberalism - You could be a little less laissez-faire obsessed, but you're still my beloved grandpa.
- Error creating thumbnail: Unable to save thumbnail to destination Social Liberalism - My more progressive cousin. We largely share the same ideals, though.
- Error creating thumbnail: Unable to save thumbnail to destination Conservative Liberalism - My more conservative cousin. He's also great.
- Error creating thumbnail: Unable to save thumbnail to destination Hayekism - He likes me but he always calls my other friends commies. :(
- Error creating thumbnail: Unable to save thumbnail to destination Third Way - I like your style.
- Error creating thumbnail: Unable to save thumbnail to destination Liberaltarianism - Similar to the guy above but more libertarian.
- Error creating thumbnail: Unable to save thumbnail to destination Fiscal Conservatism - Fiscal responsibility is a must for any good government.
- Error creating thumbnail: Unable to save thumbnail to destination CDUism - My favorite student.
- Error creating thumbnail: Unable to save thumbnail to destination Neoliberalism - We almost have the same name, as if You have stolen mine and change the prefix. Other than that, we're pretty chill.
- Error creating thumbnail: Unable to save thumbnail to destination Gremialismo - Aside from being a simp for Pinochet you're pretty good.
- Error creating thumbnail: Unable to save thumbnail to destination Helvetic Model - Switzerland is quite cool.
- Error creating thumbnail: Unable to save thumbnail to destination Monetarism - You Know the importance of central banks and how to manage them.
Frenemies
- Error creating thumbnail: Unable to save thumbnail to destination Libertarianism - Pretty ok economics, but I wish you weren't such a huge laissez-faire freak and realized that intervention is good for the free market.
- Error creating thumbnail: Unable to save thumbnail to destination Austrian School - Same as the guy above only a lot more extreme. Also central banks are necessary.
- Error creating thumbnail: Unable to save thumbnail to destination Chicago School- Best version of the two, still too laissez-fairist, monetarism is cool!
- Error creating thumbnail: Unable to save thumbnail to destination AfDism - I appreciate that you like my economics and everything, but cut it out with the laisses-fairesation and xenophobia, k?
- Error creating thumbnail: Unable to save thumbnail to destination Clock Crossroad - French version of above but on steroids, Lesquen is kinda like Röphke .
- Error creating thumbnail: Unable to save thumbnail to destination National Liberalism - Moderate version of the two above.
- Error creating thumbnail: Unable to save thumbnail to destination Social Democracy - The most tolerable leftist.
- Error creating thumbnail: Unable to save thumbnail to destination Social Corporatism - Same as above, plus we work together sometimes.
- Error creating thumbnail: Unable to save thumbnail to destination State Capitalism - I agree that the state must play a role in the market, but your excessively state-centric approach to the market is just so cringe.
- Error creating thumbnail: Unable to save thumbnail to destination Regulationism - We need a bit of you in order to make the market function properly, but sometimes you go too far.
- Error creating thumbnail: Unable to save thumbnail to destination Welfarism - Just don't spend so much please.
- Error creating thumbnail: Unable to save thumbnail to destination Francoism - I gave him some economic advice. That's about it.
Enemies
- Error creating thumbnail: Unable to save thumbnail to destination Ordosocialism - Ordo... what?! You stole my name!
- Error creating thumbnail: Unable to save thumbnail to destination Nazism - You ruined Germany!
- Error creating thumbnail: Unable to save thumbnail to destination Falangism - Beware Franco prefered me syndicalist fascist!
- Error creating thumbnail: Unable to save thumbnail to destination Marxism–Leninism - Haha, KPD go byebye. Stay in Error creating thumbnail: Unable to save thumbnail to destination East Germany where you belong!
- Error creating thumbnail: Unable to save thumbnail to destination Were you saying?
- Error creating thumbnail: Unable to save thumbnail to destination Luxemburgism - Are you not just Error creating thumbnail: Unable to save thumbnail to destination Soviet communism again?
- Error creating thumbnail: Unable to save thumbnail to destination Honeckerism - Rest in piss bozo #packwatch
- Error creating thumbnail: Unable to save thumbnail to destination Anarcho-Nihilism - "Negate order"? Wtf.
- Error creating thumbnail: Unable to save thumbnail to destination Anarcho-Capitalism - Laissez-faire utopia? NO!
Further Information
Literature
- Ordoliberalism, Law and the Rule of Economics (Preview)
- German Neo-liberals and the Social Market Economy (Preview)
- The Foundation of economics by Error creating thumbnail: Unable to save thumbnail to destination Walter Eucken
- Freiburg Theses
Wikipedia
- Ordoliberalism
- ORDO
- Freiburg School
- Freiburg Circles
- Social Market Economy
- Wirtschaftswunder
- Walter Eucken Error creating thumbnail: Unable to save thumbnail to destination
- Alfred Müller-Armack
- Alexander Rüstow Error creating thumbnail: Unable to save thumbnail to destination
- Wilhelm Röpke Error creating thumbnail: Unable to save thumbnail to destination
- Hans-Werner Sinn
- Franz Böhm Error creating thumbnail: Unable to save thumbnail to destination
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