The lesson from the quest of German ordoliberals for a privilege-free order from the 1930s to the 1950s is that once in motion, the refeudalization of society through the entanglement of private and state power is very difficult to reverse. Editor’s note: The current debate in economics seems to lack a historical perspective. To try … Continue reading “Power Is Evil in Itself”: The Ordoliberal Quest for a Privilege-Free Order