German liberalism in economic theory Cover Image

Liberalizm w niemieckiej teorii ekonomii
German liberalism in economic theory

Author(s): Stanisław Swadźba, Urszula Zagóra-Jonszta
Subject(s): Economy, Government/Political systems, Political economy
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: economic liberalism; German economy; ordoliberalism;

Summary/Abstract: Ordoliberalism is a German neo-liberalism variety and is in a trend of supply-side economics. However ordoliberalism proclaimed by liberals, differs from the classical orthodox by more social character. Allows the state role as a controller verifying compliance with the law by operators. Ordoliberalism is ordered liberalism based on the rule of law, is not a spontaneous liberalism which taking into account the free play of market forces. Because of that anglo-American liberals unwilling to recognize ordoliberalism as one of the trends of modern neoliberalism. The main goal of this article is to draw attention to specific of German economic thought and meaning of liberalism in ordoliberal doctrine.

  • Issue Year: 28/2013
  • Issue No: 03 (2)
  • Page Range: 291-302
  • Page Count: 12
  • Language: Polish