The Birth of Austerity: German Ordoliberalism and Contemporary Neoliberalism

Thomas Biebricher (Editor) and Frieder Vogelmann (Editor)

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Ordoliberalism and the 'Freiburg School' have gained traction in contemporary political economy in response to two factors: a rising interest in governmentality studies and the banking, financial and sovereign debt crisis in Europe. In the face of these crises, Germany has assumed a position of quasi-hegemony in the European Union, making decisions about bailouts, the politics of crisis management and the rise of austerity.

This volume gathers together English translations of seminal ordoliberal texts by thinkers ranging from Walter Eucken and Wilhelm Roepke to Franz Boehm, Alexander Rustow and Hans Grossmann-Doerth. Offering some foundational insights into ordoliberalism, these essays give insight into a field that is much misunderstood outside Germany. The second half of the book comprises of analyses of contemporary issues in light of ordoliberal thought, showing how its ideas endure and relate directly to austerity policy across Europe.
  • ISBN10 1786601117
  • ISBN13 9781786601117
  • Publish Date 31 August 2017
  • Publish Status Active
  • Publish Country US
  • Imprint Rowman & Littlefield
  • Format Paperback
  • Pages 278
  • Language English