Abstract:The criticism of neoliberalism is omnipresent. The term is seemingly self-explanatory, but its original use in public has been forgotten. Its form originated in the international movement of ordoliberalism in the 1930s, which used neoliberalism to describe its distinction from laissez-faire capitalism. This conceptual confusion has created considerable consequential problems that overlay today’s debate on the future of the market economy. The fact that the neoliberalism of the ordoliberals is today equated by … Show more
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