The German Miracle stemmed from postwar rebuilding, not pro-market reforms
Evidence
Abelshauser (2004) challenged the ordoliberal interpretation of the “German Miracle” crediting pro-market reforms. High growth rates were rooted in the long-lasting phase of rebuilding the economy after the war, a modern system of production that was less damaged than many thought and in excellent international economic condition in the aftermath of the Korea crisis.
— Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 588
Categorization
XREF: Challenges the standard ordoliberal account of the Wirtschaftswunder — connects to any other German economic history scholarship in this library. — connects to: West German postwar restoration followed an anti-welfare neoliberal programme; The 1948 German state was legitimated via the free market mechanism — Michel Foucault, The Birth of Biopolitics: Lectures at…, 676; Germany financed postwar reconstruction mainly through money creation, not household savings (+7 more)
QUESTION: Worth chasing: how much of the German Miracle narrative was constructed by ordoliberals as retrospective legitimation?