IDEAS home Printed from https://ideas.repec.org/a/prg/jnlpol/v2003y2003i6id444.html
   My bibliography  Save this article

Ordoliberalismus a sociální tržní hospodářství
[Ordoliberalism and social market economy]

Author

Listed:
  • Tomáš Krabec

Abstract

Freiburg school of ordoliberalism contributions to the modern economic thinking and some of its implications for post-war economic and social policy in West Germany are discussed in this paper. After explaining some elementary terms there is a short excursion in the economic history and external conditions. Part four discusses the importance of competition for both a dynamic and stabile economic growth performance and long-lasting balance in society, followed by a description of the basic premises of the competitive order - the constitutive principles and the regulatory principles preserving the competition and balance in long-run period. The role of state, science and the churches in creating and influencing both the order of economy and society is the theme of part five. Social market economy arising from the ordoliberal theoretical conception is discussed in part six.

Suggested Citation

  • Tomáš Krabec, 2003. "Ordoliberalismus a sociální tržní hospodářství [Ordoliberalism and social market economy]," Politická ekonomie, Prague University of Economics and Business, vol. 2003(6), pages 881-899.
    • Handle: RePEc:prg:jnlpol:v:2003:y:2003:i:6:id:444
    DOI: 10.18267/j.polek.444
    as

    Download full text from publisher

    File URL: http://polek.vse.cz/doi/10.18267/j.polek.444.html
    Download Restriction: free of charge
    File URL: http://polek.vse.cz/doi/10.18267/j.polek.444.pdf
    Download Restriction: free of charge
    File URL: https://libkey.io/10.18267/j.polek.444?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Hayek, F. A., 1996. "Individualism and Economic Order," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226320939, September.
    2. repec:ucp:bkecon:9780226320625 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Paul L. Borrill & Leigh Tesfatsion, 2011. "Agent-based Modeling: The Right Mathematics for the Social Sciences?," Chapters, in: John B. Davis & D. Wade Hands (ed.), The Elgar Companion to Recent Economic Methodology, chapter 11, Edward Elgar Publishing.
    2. Boettke, Peter, 2010. "What happened to "efficient markets?"," MPRA Paper 33600, University Library of Munich, Germany.
    3. Jens Sörensen & Erik J. Olsson, 2020. "Shadow Management: Neoliberalism and the Erosion of Democratic Legitimacy through Ombudsmen with Case Studies from Swedish Higher Education," Societies, MDPI, vol. 10(2), pages 1-13, March.
    4. Peter J. Boettke & Christopher J. Coyne & Peter T. Leeson, 2015. "Institutional stickiness and the New Development Economics," Chapters, in: Laura E. Grube & Virgil Henry Storr (ed.), Culture and Economic Action, chapter 6, pages 123-146, Edward Elgar Publishing.
    5. Al-Ubaydli, Omar & Boettke, Peter, 2010. "Markets as economizers of information: Field experimental examination of the “Hayek Hypothesis”," MPRA Paper 27660, University Library of Munich, Germany.
    6. Sitarski Kamil, 2010. "The Role of Information Technology Systems in Knowledge Management," Foundations of Management, Sciendo, vol. 2(1), pages 117-132, January.
    7. Peter J. Boettke & Daniel J. D'Amico, 2010. "Corridors, Coordination, and the Entrepreneurial Theory of the Market Process," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 25(Spring 20), pages 87-96.
    8. Daniel D. Bonneau & Joshua C. Hall, 2020. "Economic Activity, International Intervention, and Transitional Governance: A Comparative Case Study of Somalia," Working Papers 20-01, Department of Economics, West Virginia University.
    9. Thierry Aimar, 2008. "Self-ignorance: Towards an extension of the Austrian paradigm," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 21(1), pages 23-43, March.
    10. S. Prabakaran, 2014. "Rationality in Economics – The Thermodynamics Approach and Evaluation Criteria," Journal of Empirical Economics, Research Academy of Social Sciences, vol. 3(1), pages 43-55.
    11. Keld Laursen, 2002. "The Importance of Sectoral Differences in the Application of Complementary HRM Practices for Innovation Performance," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 9(1), pages 139-156.
    12. Enikolopov, Ruben & Zhuravskaya, Ekaterina, 2007. "Decentralization and political institutions," Journal of Public Economics, Elsevier, vol. 91(11-12), pages 2261-2290, December.
    13. Minqi Li, 2013. "Socialism: the twentieth century and the twenty-first century," Chapters, in: Jeannette Wicks-Lim & Robert Pollin (ed.), Capitalism on Trial, chapter 5, Edward Elgar Publishing.
    14. Seidler, Valentin, 2014. "When do institutional transfers work? The relation between institutions, culture and the transplant effect: the case of Borno in north-eastern Nigeria," Journal of Institutional Economics, Cambridge University Press, vol. 10(3), pages 371-397, September.
    15. Sharma, Chanchal Kumar, 2005. "When Does decentralization deliver? The Dilemma of Design," MPRA Paper 250, University Library of Munich, Germany, revised Jun 2005.
    16. Fabrizio Traùf, 2017. "The organisational factor and the growth of firms," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 41(3), pages 749-774.
    17. In-Koo Cho, 2004. "Monotonicity and Rationalizability in Large Uniform Price and Double Auctions," Theory workshop papers 658612000000000076, UCLA Department of Economics.
    18. Khalil, Elias L., 2020. "The isomorphism hypothesis: The prisoner's dilemma as intertemporal allocation, and vice versa," Journal of Economic Behavior & Organization, Elsevier, vol. 176(C), pages 735-746.
    19. repec:wvu:wpaper:06-04 is not listed on IDEAS
    20. Krister Andersson & Elinor Ostrom, 2008. "Analyzing decentralized resource regimes from a polycentric perspective," Policy Sciences, Springer;Society of Policy Sciences, vol. 41(1), pages 71-93, March.
    21. Edward Romar, 2009. "Noble Markets: The Noble/Slave Ethic in Hayek’s Free Market Capitalism," Journal of Business Ethics, Springer, vol. 85(1), pages 57-66, March.

    More about this item

    Keywords

    competition; social market economy; ordoliberalism; economic order; regulative policy;
    All these keywords.

    JEL classification:

    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlpol:v:2003:y:2003:i:6:id:444. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stanislav Vojir (email available below). General contact details of provider: https://edirc.repec.org/data/uevsecz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.