Ordo-Liberalism: Difference between revisions

Ordoliberalism arose in 1930's [[File:Cball-Germany.png]] Germany as a rejection of [[File:Clib.png]] [[Classical Liberalism|laissez-faire economics]], [[File:Regulationism.png]] [[Regulationism|excessive interventionism]] and most of all, [[File:ML.png]] [[File:NaziCentral.png]] [[Marxism-Leninism|central]] [[Nazism|planning]],. which [[File:GermNeoLib.png]] [[Neoliberalism|Walter Eucken]], who was additionally a very early critic of the Nazi regime, fiercely criticized. It served as a foundation of much of the post-war German economic system and is usually credited with the post-war economic miracle. It believes that the role in the economy of the state is to assure that free markets give the theoretical results they are supposed to give; that the role of the state is to make sure markets are not monopolized or cartelized since that's what is in the way of markets stagnating.