Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/292606 
Year of Publication: 
2022
Citation: 
[Journal:] Journal of Contextual Economics – Schmollers Jahrbuch [ISSN:] 2568-762X [Volume:] 142 [Issue:] 1 [Year:] 2022 [Pages:] 1-20
Publisher: 
Duncker & Humblot, Berlin
Abstract: 
This article analyzes some of the reasons why so many Western intellectuals have seemed ready to abandon the principles of liberalism lately in search for alternative solutions. I begin by examining the fascination exercised by Viktor Orbán among conservatives in the US who emerged as staunch critics of liberalism. Next, I show that the doom industry has a long history and discuss the conceptual fluidity of liberalism and its implications for students of liberalism. I argue that by acknowledging the polysemantic nature of liberalism we can better answer its critics. I draw on the lessons of German Ordoliberals to show that liberalism contains surprising resources neglected by its critics. The article concludes with a call to moderate liberalism inspired by Karl Popper's defense of the open society.
Subjects: 
Karl Popper
Mont Pelerin Society
Liberalism
Death of Liberalism
Conservatism
Open Society
Bourgeois Virtues
Viktor Orbán
Wilhelm Röpke
JEL: 
F63
P10
P16
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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