Ordoliberals welcomed state intervention, unlike the Chicago School

Evidence

Among the most important of these is the Ordoliberals’ deep appreciation of the state’s role in facilitating competition and the Chicago School’s development of the theory of human capital. The Ordoliberals, according to Foucault, also provide more latitude for state governance of the social, for protecting “warm moral and cultural values” antithetical to the “cold mechanism of competition.” — Wendy Brown, Undoing the Demos, 102

Categorization

• DEFINE: Clarifies the key split between European Ordoliberalism (state-facilitated competition, social protection) and American Chicago School (human capital, total marketization).
• XREF: connects to: Ordoliberals themselves described their school as one national variety of a shared neoliberalism — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 615; The Chicago School was founded by Simons and Hayek with Volker Fund money — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 155; Ordoliberalism grants the state a stronger role than Austrian or Chicago neoliberalism does — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 503 (+2 more)

Broader Connections

• Ordoliberalism reframes the state as rule setter, not demand manager #expands (0.85) — Mark Blyth, Austerity, 355
• German ordoliberalism favors state framework provision over neoliberal state withdrawal. #corroborates (0.80) — Mark Blyth, Austerity, 164