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Since the financial crisis of 2008, ordoliberalism emerged from relative obscurity to become one of the crucial terms of analysis across a wide range of academic literatures and public discussion. In fact, it became the main reference for a number of issues, including assessments of the attempted resolution of the Eurozone crisis, arguments about German hegemony in Europe, debates over the future of economic liberalism and controversies about authoritarian liberalism. What is striking about ordoliberalism is its pronounced ambiguity, as some view it as a more refined and potentially progressive variant of neoliberalism, while others cast it as a blueprint for a regime of austerity reigning o...
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