Max Weber and Ordoliberalism: How Weber’s Kulturkritik Contributed to the Foundation of Ordoliberal Socio-Economic Thought

Isabel Oakes

Journal of Contextual Economics (JCE) – Schmollers Jahrbuch, 2020, vol. 140, issue 2, 177-204

Abstract: This study aims to uncover Max Weber as a direct and indirect influence on Alexander Rüstow and Wilhelm Röpke and the emergence of ordoliberal socio-economic thought in the 1930s and 40s. Weber contributed to the German Kulturkritik of the early 20th century that shaped the academic and socio-political climate in which the ordoliberals formed their own ideas. Weber also identified key societal issues to which the ordoliberals found concrete solutions, specifically their “Third Way” between laissez-faire capitalism and central planning as well as Vitalpolitik. This study finds that despite Weber’s relative neglect in epistemological studies of economics, his insights were incorporated into ordoliberal thought and beyond.

Keywords: Ordoliberalism; Max Weber; Wilhelm Röpke; Alexander Rüstow; Economic Sociology (search for similar items in EconPapers)
JEL-codes: A13 B20 B30 Z13 (search for similar items in EconPapers)
Date: 2020
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Journal of Contextual Economics (JCE) – Schmollers Jahrbuch is currently edited by Peter J. Boettke, Nils Goldschmidt, Stefan Kolev, Stephen T. Ziliak and Joachim Zweynert

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