Human Economy and Social Policy: On ordo-liberalism and political authority

TY - JOUR

T1 - Human Economy and Social Policy

T2 - On ordo-liberalism and political authority

AU - Bonefeld, Werner

PY - 2013/4

Y1 - 2013/4

N2 - The article expounds the ordo-liberal tradition that emerged as a distinct neo-liberal conceptualization of free economy as a political practice. According to this tradition there are things more important than GDP in as much as free economy depends on the formation of the moral and the social preconditions of market freedom. The social facilitation and moral embedding of free economy are fundamental to the ordo-liberal conception of a human economy, which entails a social policy of Vitalpolitik – a politics of life. Particularly at a time of manifest economic crisis and austerity, the social and moral veracity of economic liberty depends thus on the exercise of strong state authority.

AB - The article expounds the ordo-liberal tradition that emerged as a distinct neo-liberal conceptualization of free economy as a political practice. According to this tradition there are things more important than GDP in as much as free economy depends on the formation of the moral and the social preconditions of market freedom. The social facilitation and moral embedding of free economy are fundamental to the ordo-liberal conception of a human economy, which entails a social policy of Vitalpolitik – a politics of life. Particularly at a time of manifest economic crisis and austerity, the social and moral veracity of economic liberty depends thus on the exercise of strong state authority.

UR - http://www.scopus.com/inward/record.url?scp=84876426252&partnerID=8YFLogxK

U2 - 10.1177/0952695113478243

DO - 10.1177/0952695113478243

M3 - Article

SN - 0952-6951

VL - 26

SP - 106

EP - 125

JO - History of the human sciences

JF - History of the human sciences

IS - 2

ER -