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Der Neoliberalismus – Entstehung, Kampfbegriff und Meinungsstreit / Neo-liberalism – origin, item of campaign and matter of controversy

Listed author(s):
  • Willgerodt Hans
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    The influence of liberal ideas and practice during the 19th century was significant also in Germany, but lost its power gradually due to protectionist tendencies at the end of that century. More or less monopolistic and private economic groups were admitted in the name of “laisser-faire”, and the state became ready to intervene into the market process in favour of special interests. At the same time a rather modest paternalistic system of welfare protection for the working class was introduced, which later on demonstrated a built-in tendency to expand. But the collectivist and socialist movement of the 20th century became dominant by the two World Wars and their consequences. This led to political and economic catastrophes of incredible dimensions. Therefore a return to liberal ideas was given a second chance. But a simple return to laisser-faire and mistakes of the historical liberalism were not intended. Therefore the new ideas were called “neoliberalism”.

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    Article provided by De Gruyter in its journal ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft.

    Volume (Year): 57 (2006)
    Issue (Month): 1 (January)
    Pages: 47-89

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    Handle: RePEc:bpj:ordojb:v:57:y:2006:i:1:p:47-89:n:6
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