Le marché sans pouvoir: au cœur du discours ordolibéral

Raphaël Fèvre

Revue d'économie politique, 2017, vol. 127, issue 1, 119-151

Abstract: This article aims at reconstructing the ordoliberal discourse around what appears as a core concept, the concept of ?power?. If ordoliberalism fought against Marxism and historicism, it also inherits some of their research agenda: for instance, in their historical reading of liberalism, which stresses the irrepressible rent-seeking behaviour of private agents as a driven force for institutional change. Ordoliberalism nevertheless reinvests the issue of power through a liberal response that finally comes close to the ?Walrasian neoclassical? tradition. In doing so, the ordoliberal thought emphasizes the defence of the competitive order, leading them to a particular meaning of competition mechanism as a disempowerment tool of economic power.

Keywords: power; ordoliberalism; monopoly; competition; Walter Eucken (search for similar items in EconPapers)
Date: 2017
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