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Ordoliberalism, Law and the Rule of Economics

Ordoliberalism, Law and the Rule of Economics

Author: Josef Hien; Christian Joerges
Publisher: Hart Publishing
ISBN: 9781509919048

Published In: December 2017
Format: Hardback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only
Paperback Edition ISBN: 9781509937509

List Price: HKD 1,690.00

HKD 1,639.30 Save HKD 50.70 (3%)

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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, and now the challenges of the European crisis, are a common concern of all these endeavours. So are the divergent perceptions of ordoliberalism within Germany and by its neighbours in the North and the South of the EU. They unfold interdisciplinary affinities and misunderstandings, cultural predispositions and prejudices, 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.

Introduction: Objectives and Contents of the Volume

Josef Hien and Christian Joerges

Section I: Irritations/Perceptions of Ordoliberalism and of German Politics

1. Dirigisme and Modernism vs Ordoliberalism

Bruno Amable

2. Why and How has German Ordoliberalism Become a French Issue? Some Aspects about Ordoliberal Thoughts we can Learn from the French Reception

Arnaud Lechevalier

3. Ordoliberalism’s Trans-Atlantic (Un)Intelligibility: From Friedman and Eucken to Geithner and Schäuble

William Callison

4. The Tepid Reception of Ordoliberalism in Italy and Present-Day Dissent

Stefano Solari

5. Ordoliberalism as Tradition and as Ideology

Kenneth Dyson

Section II: The Political Liberalism of Ordoliberalism

6. Ordoliberalism as a Variety of Neoliberalism

Thomas Biebricher

7. Breaking the ‘Caging’ Mentality: Ordoliberalism, Responsibility and Solidarity in the EU

Maurizio Ferrera

8. What is Neoliberal in Germany’s and Europe’s Crisis Politics?

Brigitte Young

9. The Success Story of Ordoliberalism as the Guiding Principle of German Economic Policy

Stephan Pühringer

Section III: The Ordering Functions of Law in the Ordoliberal Tradition

10. Debunking the Myth of the Ordoliberal Influence on Post-war European Integration

Angela Wigger

11. The Overburdening of Law by Ordoliberalism and the Integration Project

Christian Joerges

12. Ordoliberal Escape from Societas Economica: Re-establishing the Normative

Michelle Everson

Section IV: The Moral and Normative Dimension of ‘the Economic’ and the Ordoliberal Tradition

13. Ordoliberalism, Polanyi, and the Theodicy of Markets

David M. Woodruff

14. Ordoliberalism Within and Outside Germany’s Co-ordinated Market Economy

Albert Weale

15. Competition or Conflict? Beyond Traditional Ordoliberalism

Malte Dold and Tim Krieger

16. Ordoliberalism and the Quest for Sacrality

Josef Hien

Section V: Government without Law

17. Ordoliberalism and Political Theology: On the Government of Stateless Money

Werner Bonefeld

18. Policy Between Rules and Discretion

Jonathan White

19. How Monetary Rules and Wage Discretion get into Conflict in the Eurozone (And What—If Anything—Ordoliberalism has to do with it)

Philip Manow

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