Individual and regulatory ethics: an economic-ethical and theoretical-historical analysis of ordoliberalism

  • Based on Foucault’s analysis of German Neoliberalism and his thesis of ambiguity, the following paper draws a two-level distinction between individual and regulatory ethics. The individual ethics level – which has received surprisingly little attention – contains the Christian foundation of values and the liberal-Kantian heritage of so called Ordoliberalism – as one variety of neoliberalism. The regulatory or formal-institutional ethics level on the contrary refers to the ordoliberal framework of a socio-economic order. By differentiating these two levels of ethics incorporated in German Neoliberalism, it is feasible to distinguish dissimilar varieties of neoliberalism and to link Ordoliberalism to modern economic ethics. Furthermore, it allows a revision of the dominant reception of Ordoliberalism which focuses solely on the formal-institutional level while mainly neglecting the individual ethics level.

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Author:Manuel Wörsdörfer
Parent Title (German):Normative Orders Working Paper : Normative Orders, Cluster of Excellence at Goethe University Frankfurt, Main ; 2011, 07
Series (Serial Number):Normative orders working paper : Normative Orders, Cluster of Excellence at Goethe University Frankfurt, Main (2011, 07)
Publisher:Goethe-Univ., Cluster of excellence The Formation of Normative Orders
Place of publication:Frankfurt am Main
Document Type:Working Paper
Date of Publication (online):2011/08/24
Year of first Publication:2011
Publishing Institution:Universitätsbibliothek Johann Christian Senckenberg
Release Date:2011/08/24
Tag:Individual Ethics; Michel Foucault; Neoliberalism; Regulatory Ethics; Walter Eucken
GND Keyword:Ordoliberalismus; Kritik
Page Number:26
First Page:1
Last Page:26
This work is licensed under the Creative Commons Attribution-Non-Commercial-No Derivative Works 3.0 Germany License. To view a copy of this license, visit http://creativecommons.
Institutes:Wirtschaftswissenschaften / Wirtschaftswissenschaften
Exzellenzcluster / Exzellenzcluster Die Herausbildung normativer Ordnungen
Dewey Decimal Classification:3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft
Licence (German):License LogoDeutsches Urheberrecht