id author title date pages extension mime words sentences flesch summary cache txt en-wikipedia-org-5418 Ordoliberalism - Wikipedia .html text/html 2950 592 52 Ordoliberalism is the German variant of economic liberalism that emphasizes the need for the state 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 theory was developed from about 1930 to 1950 by German economists and legal scholars from the Freiburg School, such as Walter Eucken, Franz Böhm, Hans Grossmann-Doerth, and Leonhard Miksch. Whilst they both adhere to the idea of providing a moderate stance between socialism and capitalism, the ordoliberal social market model often combines private enterprise with government regulation to establish fair competition (although German network industries are known to have been deregulated),[15] whereas advocates of the third-way social democracy model have been known to oversee multiple economic deregulations. "Neoliberalism in Germany: Revisiting the Ordoliberal Foundations of the Social Market Economy". Siebert, Horst (28 May 2003), "Germany's Social Market Economy: How Sustainable is the Welfare State?" (PDF), Paper presented at the American Institute for Contemporary German Studies, Johns Hopkins University ./cache/en-wikipedia-org-5418.html ./txt/en-wikipedia-org-5418.txt