A European social model of state-market relations: the ethics of competition from a neo-liberal perspective
In this paper I portray "neo-liberalism" in its original conceptual meaning as opposed to the generic term of depreciation as which it is commonly used. I identify fair competition and the denial of all privilege as the major concerns of original neo-liberals. Ethical merit for competition might, at first sight, be based on only two principles: individual natural rights (equal liberty) and socially desirable outcomes ("unintended altruism"). It was the neo-liberal idea to put fairness-norms or universally applicable rules of just behaviour between an unqualified "input-based" ethics and an unqualified "output-based" ethical consequentialism. The enforcement of such rules is a major obligation of the state. Today, the European Union assumes the role of "guardian" of competition. In a certain, but limited sense, neoliberalism, correctly understood, can be argued to be the one founding "European Social Model". However, beyond the realm of common, universalisable interests, competition amongst social-political models seems a preferable option for Europe.
|Date of creation:||2008|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.walter-eucken-institut.de/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Nils Goldschmidt & Michael Wohlgemuth, 2008. "Social Market Economy: origins, meanings and interpretations," Constitutional Political Economy, Springer, vol. 19(3), pages 261-276, September.
- Sen, Amartya, 1993. "Markets and Freedoms: Achievements and Limitations of the Market Mechanism in Promoting Individual Freedoms," Oxford Economic Papers, Oxford University Press, vol. 45(4), pages 519-41, October.
- repec:mhr:untord:urn:isbn:9783161482977 is not listed on IDEAS
- Schuknecht, Ludger & Angeloni, Ignazio & Alesina, Alberto, 2005.
"What Does The European Union Do?,"
4553010, Harvard University Department of Economics.
- Alberto Alesina & Ignazio Angeloni & Ludger Schuknecht, 2001. "What Does the European Union Do?," NBER Working Papers 8647, National Bureau of Economic Research, Inc.
- Alberto Alesina & Ignazio Angeloni & Ludger Schuknecht, 2002. "What Does the European Union Do?," EUI-RSCAS Working Papers 61, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).
- Alberto Alesina & Ignazio Angeloni & Ludger Schuknecht, 2001. "What Does the European Union Do?," Harvard Institute of Economic Research Working Papers 1935, Harvard - Institute of Economic Research.
- Alesina, Alberto F & Angeloni, Ignazio & Schuknecht, Ludger, 2002. "What Does the European Union Do?," CEPR Discussion Papers 3115, C.E.P.R. Discussion Papers.
When requesting a correction, please mention this item's handle: RePEc:zbw:aluord:089. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ZBW - German National Library of Economics)
If references are entirely missing, you can add them using this form.