ordoliberalism

== English == === Etymology === Borrowed from German Ordoliberalismus (coined in 1950 by the German economist Hero Moeller (1892–1974)), from ORDO (the name of a journal, the full title of which is ORDO — Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft (ORDO – Yearbook of Economic and Social Order) + Liberalismus (“liberalism”). ORDO is derived from Latin ōrdō (“methodical arrangement, order, or series”), probably ultimately from Proto-Indo-European *h₂er- (“to fit, put together; to fix”); while Liberalismus is from French libéralisme (ultimately from Latin līber (“free, independent, unchecked, unrestricted”), from Proto-Indo-European *h₁lewdʰ- (“to grow; people”)) + -ismus (“suffix forming the names of schools of thought, systems, or theories”). === Pronunciation === (Received Pronunciation) IPA(key): /ˌɔːdəʊˈlɪbɹəlɪz(ə)m/, /-bəɹəl/ (General American) IPA(key): /ˌɔɹdoʊˈlɪbəɹəlɪzəm/, /-də-/, /-bɹəl/ Hyphenation: or‧do‧lib‧er‧al‧ism === Noun === ordoliberalism (uncountable) (economics, politics) A political philosophy that emphasizes the desirability of the government establishing rules to maximize the potential of the free market to produce results. ==== Derived terms ==== ordoliberal ==== Translations ==== === References === === Further reading === ordoliberalism on Wikipedia.Wikipedia