Müller-Armack turned ordoliberal theory into a political implementation strategy
Evidence
At this point, the real functional significance of social market economy as a concept comes into play. Bridging the conceptual/practical divide was largely left to Müller-Armack, who turned this seeming deficiency into a thorough practical strategy of implementing a new liberalism in Western Germany. … Müller-Armack’s aim was to promote the social market economy as a strategy for transferring the principles of new liberalism into potentially hostile political and societal spheres without neglecting the ultimate neoliberal objective of creating a new kind of strong state. — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 553
Categorization
- DEFINE: Clarifies that the social market economy functioned as the practical launch vehicle translating ordoliberal principles into policy.
- XREF: connects to: The metaphysical Ordo ideal resisted translation into concrete postwar political programs — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 511