ordoliberal
/ˌɔɹdoʊˈlɪbəɹəl/
Word Rarity
Very rare
Frequency: Zipf frequency 0.00 in modern English
14
Scrabble Score
11
Letters
5
Syllables
8
Unique Chars
Meaning
noun
A proponent of the theories and ideals of ordoliberalism (“a political philosophy that emphasizes the desirability of the government establishing rules to maximize the potential of the free market to produce results”).
adj
Of or relating to ordoliberalism.
Example Sentences
- "[W]hile ordoliberals share strong policy preferences (in some cases "elevated to the status of a religion"), they rest their case on rigorous micro analysis and stress the pertinence of a long-term orientation."
- "The institutional design of EZ [the Eurozone], being influenced by the rules versus discretion debate, has some ordoliberal touches (not the least since some German architects were imbued with ordoliberal ideas), but, of course, in reality, in particular in the wake of the crisis, they were not upheld."
Etymology
Probably a back-formation from ordoliberalism, 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”).
Origin
Word Breakdown
- Root: *h₂er-, Ordoliberalismus, ōrdō
Regional Pronunciation
- American English: /ˌɔɹdoʊˈlɪbəɹəl/
- British English: /ˌɔːdəʊˈlɪbɹəl/