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Autor     Wikipedia Authors
Titel    Ordoliberalism
Verlag    Wikipedia
Datum    10. December 2007
URL    https://en.wikipedia.org/w/index.php?title=Ordoliberalism&oldid=176960747

Literaturverz.   

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Fußnoten    no
Fragmente    1


Fragmente der Quelle:
[1.] Msc/Fragment 023 22 - Diskussion
Zuletzt bearbeitet: 2014-12-23 10:33:32 PlagProf:-)
Fragment, Gesichtet, KomplettPlagiat, Msc, SMWFragment, Schutzlevel sysop, Wikipedia Ordoliberalism 2007

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Seite: 23, Zeilen: 22-45
Quelle: Wikipedia Ordoliberalism 2007
Seite(n): Internetquelle, Zeilen: -
Ordoliberalism (also called German neoliberalism) is a school of liberalism emphasizing the need for the state to ensure that the free market produces results close to its theoretical potential (see allocative efficiency). The theory was developed by German economists and legal scholars such as Wilhelm Röpke (who spent the Nazi period in exile in Turkey), Walter Eucken, Franz Böhm and Hans Grossmann-Doerth from about 1930-1950; Ordoliberal ideals (with modifications) drove the creation of the post-World War II German social market economy and its attendant “Wirtschaftswunder”.

Ordoliberal theory holds that the state must create a proper legal environment for the economy and maintain a healthy level of competition through measures that adhere to market principles. The concern is that, if the state does not take active measures to foster competition, firms with monopoly or oligopoly power will emerge, which will not only subvert the advantages offered by the market economy, but also possibly undermine good government, since strong economic power can be transformed into political power. Quoting Stephen Padgett: "A central tenet of ordo-liberalism is a clearly defined division of labor in economic management, with specific responsibilities assigned to particular institutions. Monetary policy should be the responsibility of a central bank committed to monetary stability and low inflation, and insulated from political pressure by independent status. Fiscal policy - balancing tax revenue against government expenditure - is the domain of the government, whilst macro-economic policy is the preserve of employers and trade unions." The state should form an economical order instead of directing economical processes. Wilhelm Röpke considered Ordoliberalism to be "liberal conservatism" against capitalism. Alexander Rüstow also has criticized laissez-faire capitalism. The Ordoliberals thus separated themselves from classical liberals like Ludwig von Mises and Friedrich Hayek. For their political philosophy, Ordoliberals were influenced by Aristotle, Tocqueville, Hegel, Spengler and Karl Mannheim.

Ordoliberalism (also called German neoliberalism) is a school of liberalism emphasizing the need for the state to ensure that the free market produces results close to its theoretical potential (see allocative efficiency). The theory was developed by German economists and legal scholars such as Wilhelm Röpke (who spent the Nazi period in exile in Turkey), Walter Eucken, Franz Böhm and Hans Großmann-Doerth from about 1930-1950; Ordoliberal ideals (with modifications) drove the creation of the post-World War II German social market economy and its attendant Wirtschaftswunder.

Ordoliberal theory holds that the state must create a proper legal environment for the economy and maintain a healthy level of competition through measures that adhere to market principles.[1] The concern is that, if the state does not take active measures to foster competition, firms with monopoly (or oligopoly) power will emerge, which will not only subvert the advantages offered by the market economy, but also possibly undermine good government, since strong economic power can be transformed into political power. Quoting Stephen Padgett: "A central tenet of ordo-liberalism is a clearly defined division of labor in economic management, with specific responsibilities assigned to particular institutions. Monetary policy should be the responsibility of a central bank committed to monetary stability and low inflation, and insulated from political pressure by independent status. Fiscal policy- balancing tax revenue against government expenditure- is the domain of the government, whilst macro-economic policy is the preserve of employers and trade unions." The state should form an economical order instead of directing economical processes.

[...]

Wilhelm Röpke considered Ordoliberalism to be "liberal conservatism," against capitalism in his work Civitas Humana (A Humane Order of Society, 1944). Alexander Rüstow also has criticized laissez-faire capitalism in his work Das Versagen des Wirtschaftsliberalismus (The Failure of Economic Liberalism, 1950). The Ordoliberals thus separated themselves from other traditional liberals, the "paleoliberals," like Ludwig von Mises and Friedrich Hayek.

For their political philosophy, Ordoliberals were influenced by Aristotle, Tocqueville, Hegel, Spengler and Karl Mannheim.

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