Part of a series on |
Liberalism |
---|
![]() |
Part of a series on |
Capitalism |
---|
Ordoliberalism is the German variant of economic liberalism that emphasizes the need for government to ensure that the free market produces results close to its theoretical potential.[1]
Ordoliberal ideals became the foundation of the creation of the post-World War II German social market economy and its attendant Wirtschaftswunder. The term "ordoliberalism" (German: Ordoliberalismus) was coined in 1950 by Hero Moeller and refers to the academic journal ORDO.[2]