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Der Neoliberalismus – Ein fragwürdiges Ideensystem? / Neoliberalism – a questionable system of ideas?

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  • Streit Manfred E.

Abstract

The present article refers to the polemics which dominate the discussion of economic reforms in Germany. An attribute which is used to discredit market-oriented proposals of reform is “neoliberal”. It will be argued, that the usage of the term reveals little knowledge of the European history of ideas and even less knowledge of the workings of a market system, particularly of competition in the case of globalization. The final conclusion will be that the polemic use of the term “neoliberal” by politicians should make fall into oblivion, an economic and social policy designed to serve vested interests over decades, reflecting now the ailment of a rent-seeking society.

Suggested Citation

  • Streit Manfred E., 2006. "Der Neoliberalismus – Ein fragwürdiges Ideensystem? / Neoliberalism – a questionable system of ideas?," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 57(1), pages 91-98, January.
    • Handle: RePEc:bpj:ordojb:v:57:y:2006:i:1:p:91-98:n:7
    DOI: 10.1515/ordo-2006-0107
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    1. Demsetz, Harold, 1969. "Information and Efficiency: Another Viewpoint," Journal of Law and Economics, University of Chicago Press, vol. 12(1), pages 1-22, April.
    2. Robert D. Tollison, 1982. "Rent Seeking: A Survey," Kyklos, Wiley Blackwell, vol. 35(4), pages 575-602, November.
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