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Journal of Contextual Economics
Article . 2018 . Peer-reviewed
License: CC BY
Data sources: Crossref
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EconStor
Research . 2007
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EconStor
Article . 2018
License: CC BY
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The Philosophy of Social Market Economy: Michel Foucault’s Analysis of Ordoliberalism

Authors: Goldschmidt, Nils; Rauchenschwandtner, Hermann;

The Philosophy of Social Market Economy: Michel Foucault’s Analysis of Ordoliberalism

Abstract

Michel Foucault’s lectures at the Collège de France in 1978–1979 centered on the analysis of power with regard to liberalism. Foucault especially focused on German ordoliberalism and its specific governmentality. Although Foucault’s review of the ordoliberal texts, programs, and books is very faithful, there are some occasional “schematic” simplifications. Our paper will evaluate Foucault’s constitution of an ordoliberal “archive”, though more emphasis will be put on the general importance of the phenomenological orientation in Walter Eucken’s work. Hence, three tasks will guide our paper: first, an analysis of Foucault’s position; second, the phenomenological foundation of the ordoliberal discourse compared to the 18th century liberal discourse, i.e. the way in which Walter Eucken received Husserl. Third, our paper shall raise the subject of the mutual historical-epistemological complementation of philosophy and economics by taking Foucault’s analysis as the starting point. Furthermore, the consequences of a phenomenological, “eidetic” order of the economy will be discussed, focusing mainly on the expansion of competition in social domains. Foucault,Husserl,Eucken,ordoliberalism,eidetic order of the market,social market economy

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Keywords

soziale Marktwirtschaft, descriptive study, Economics, deskriptive Studie, Liberalismus, Marktwirtschaft, Federal Republic of Germany, Husserl, Ordoliberalismus, Foucault, M., Ordoliberalismus , Wirtschaftsphilosophie , Soziale Marktwirtschaft , Theorie , Michel Foucault, social market economy, capitalism, Kapitalismus, Eucken, Foucault, ddc:330, Wirtschaft, Economic Sectors, Foucault,Husserl,Eucken,ordoliberalism,eidetic order of the market,social market economy, eidetic order of the market, liberalism, market economy, Wirtschaftssektoren, Bundesrepublik Deutschland, ordoliberalism, ddc: ddc:330

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
11
Top 10%
Average
Top 10%
Green
hybrid