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The Rise of Populist Movements in Europe: A Response to European Ordoliberalism?

David Cayla

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Abstract: This article aims to explain the contemporary emergence of populism in the European Union. According to Polanyi's double movement framework, the emergence of these political forces can be understood as the result of protective responses from societies weakened by difficult market adjustments. Since the Single Act treaty (1986), the European economy took a path that intended to create a supranational self-adjusting markets economy based on the ordoliberal philosophy. However, by detaching the economic sphere from the reach of politics, the European Single Market has injured some important social institutions. The rise and the diversity of populisms in the European Union can therefore be explained by an attempt to preserve some national institutions that were diversely impacted by the market forces.

Keywords: European Single Market; institutional economics; Ordoliberalism; populism; marché unique européen; institutionalisme; ordolibéralisme; Polanyi; populisme (search for similar items in EconPapers)
Date: 2019-06-01
New Economics Papers: this item is included in nep-his, nep-hme and nep-pke
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-02128366
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Citations: View citations in EconPapers (2)

Published in Journal of Economic Issues, 2019, 53 (2), pp.355-362. ⟨10.1080/00213624.2019.1594510⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-02128366

DOI: 10.1080/00213624.2019.1594510

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