The market must be actively constituted by political intervention, not discovered

Evidence

In the Ordo-liberal scheme, the market does not amount to a natural economic reality, with intrinsic laws that the art of government must bear in mind; instead, the market can be constituted and kept alive only by dint of political interventions” (Lemke, “The Birth of Biopolitics,” p. — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 1852

Categorization

  • DEFINE: Core ordoliberal tenet: the market as politically constituted rather than naturally pre-existing — good for tracking the thought collective’s genealogy.
  • XREF: Connects to the reader’s prior chapters on the Mont Pelerin thought collective and ordoliberalism (Mirowski’s own earlier material). — connects to: Markets are political projects, not natural outcomes of state removal — Mark Blyth, Austerity: The History of a Dangerous…, 266; Market economies require deliberate political construction, not natural emergence — Nick Couldry & Ulises A. Mejias, The Costs of Connection: How Data Is…, 364; Markets are constructed artifacts requiring sustained political maintenance, not spontaneous phenomena. — Donald MacKenzie, An Engine, Not a Camera: How Financial…, 773 (+10 more)

Broader Connections