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Ordoliberalismus vs. Wirtschaftspopulismus: Unterschiedliche Konzepte für ähnliche Wähler

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Listed:
  • Hesse Nils
  • Karstens Felix

Abstract

Supporters of Donald Trump‘s presidency, of Brexit, and of populist parties are not so much driven by material concerns, fundamental opposition against international free trade, or a strong xenophobic sentiment. To a larger extent than others their vote is influenced by feelings of political inefficacy, discontent with the ongoing cultural change in society, and concern over hitherto unknown migration dynamics. How should established parties respond to them without copying the economic populism of the challenger parties? How can a deepening of this societal cleavage be avoided? Our contribution shows that there is no need for inventing new political concepts, for creating new redistributive measures, or for protectionism. Instead, time-tested ordoliberal concepts provide a convincing answer also to voters who express a critical attitude towards elites and immigration. Ordoliberalism can therefore contribute to bridge the divisions within society.

Suggested Citation

  • Hesse Nils & Karstens Felix, 2018. "Ordoliberalismus vs. Wirtschaftspopulismus: Unterschiedliche Konzepte für ähnliche Wähler," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 69(1), pages 341-365, July.
    • Handle: RePEc:bpj:ordojb:v:69:y:2018:i:1:p:341-365:n:15
    DOI: 10.1515/ordo-2019-0016
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    References listed on IDEAS

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    More about this item

    Keywords

    Ordoliberalismus; Populismus; Protektionismus; Wahlverhalten; Wirtschaftspopulismus;
    All these keywords.

    JEL classification:

    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism
    • F68 - International Economics - - Economic Impacts of Globalization - - - Policy

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