Zur Bedeutung des Manifests der Marktwirtschaft oder: Das Lambsdorff-Papier im 31. Jahr

Lars Feld

Zeitschrift für Wirtschaftspolitik, 2013, vol. 62, issue 3, 227-243

Abstract: In the German federal elections on September 22, 2013, for the first time after 64 years, the Free Democratic Party (FDP) was not elected to the German federal parliament, the Bundestag, anymore. Less surprising than this fact is the malice of its political opponents with which this landslide defeat was accompanied. In this paper, it is argued that the hostility towards the Free Democrats originates from its turn to the Christian Democrats in 1982 with the so called Manifesto for the Market Economy written by Otto Graf Lambsdorff, then Federal Minister of the Economy. The Manifesto argued for a consolidation of public finance and tax reductions, for reforms in the labor market and the social security systems, and for a liberalization and privatization policy. While the Free Democrats did not achieve much of that agenda during the coalition with the Christian Democrats, it influenced the Agenda 2010 by Chancellor Schröder. The paper concludes with a proposal for a renewal of supply side policies in Germany and a renewal of the reform agenda.

Keywords: F.D.P.; neo-liberalism; social market economy; F.D.P.; Neoliberalismus; Soziale Marktwirtschaft; F.D.P.; neo-liberalism; social market economy (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (4)

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DOI: 10.1515/zfwp-2013-0302

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