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

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  • Feld Lars P.

    (Wirtschaftspolitik und Ordnungsökonomik an der Universität Freiburg und Direktor des Walter Eucken Instituts, Goethestrasse 10, 79100 Freiburg im Breisgau)

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.

Suggested Citation

  • Feld Lars P., 2013. "Zur Bedeutung des Manifests der Marktwirtschaft oder: Das Lambsdorff-Papier im 31. Jahr," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 62(3), pages 227-243, December.
    • Handle: RePEc:lus:zwipol:v:62:y:2013:i:3:p:227-243
    DOI: 10.1515/zfwp-2013-0302
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    1. Vanberg, Viktor J., 2005. "Das Paradoxon der Marktwirtschaft: Die Verfassung des Marktes und das Problem der "sozialen Sicherheit"," Freiburg Discussion Papers on Constitutional Economics 05/5, Walter Eucken Institut e.V..
    2. Borella, Sara, 2005. "Political reform from a constitutional economics perspective: a hurdle-race. The case of migration politics in Germany," Freiburg Discussion Papers on Constitutional Economics 05/7, Walter Eucken Institut e.V..
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    1. Lars P. Feld & Ekkehard A. Köhler & Daniel Nientiedt, 2015. "Ordoliberalism, Pragmatism and the Eurozone Crisis: How the German Tradition Shaped Economic Policy in Europe," CESifo Working Paper Series 5368, CESifo.
    2. Feld, Lars P. & Köhler, Ekkehard A. & Nientiedt, Daniel, 2017. "The "dark ages" of German macroeconomics and other alleged shortfalls in German economic thought," Freiburg Discussion Papers on Constitutional Economics 17/03, Walter Eucken Institut e.V..
    3. Laica, Christoph & Lauber, Arne & Sahm, Marco, 2017. "Sequential round-robin tournaments with multiple prizes," BERG Working Paper Series 129, Bamberg University, Bamberg Economic Research Group.

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