ordoliberalism
/ˌɔɹdoʊˈlɪbəɹəlɪzəm/
Word Rarity
Very rare
Frequency: Zipf frequency 0.00 in modern English
19
Scrabble Score
14
Letters
6
Syllables
10
Unique Chars
Meaning
noun
A political philosophy that emphasizes the desirability of the government establishing rules to maximize the potential of the free market to produce results.
Uncountable
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”).
Origin
Word Breakdown
- Root: *h₂er-, Ordoliberalismus, ōrdō, libéralisme, līber, *h₁lewdʰ-
Regional Pronunciation
- American English: /ˌɔɹdoʊˈlɪbəɹəlɪzəm/
- British English: /ˌɔːdəʊˈlɪbɹəlɪz(ə)m/