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Mountain or Molehill ?: - European University Institute

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131<br />

Christian Joerges<br />

discretionary political encroachments. 17 The <strong>or</strong>do-liberal the<strong>or</strong>y of economic governance at the same<br />

time answered the question of the legitimacy of <strong>European</strong> “governance”: it conceived of the freedoms<br />

guaranteed in the EEC Treaty, of the opening of the national economies, the rules against<br />

discrimination and the commitments of competition policy, as a set of interdependent principles<br />

which established a market economy system based upon the rule of law. 18 And the very fact that<br />

Europe had been set in motion as a purely economic community lent the <strong>or</strong>do-liberal argument<br />

plausibility: interpreting the economy related provisions of the Treaty as a coherent set of principles<br />

and rules which guaranteed the economic freedoms embedded in an <strong>or</strong>do of transnational and metapositivist<br />

validity conferred a legitimacy of its own on the Community, independent of the institutions<br />

of the democratic constitutional state, from which imperative requirements on the Gestalt of this<br />

Community could, at the same time, be derived.<br />

2.2 The disjunction between the “<strong>or</strong>ganised economy” and <strong>European</strong> technocracy<br />

The <strong>or</strong>do-liberal the<strong>or</strong>y has a twofold factual and n<strong>or</strong>mative status. Its statements about the regulat<strong>or</strong>y<br />

pattern of the economy refer to economic processes, institutional conceptions, and economic policy<br />

programmes; its promises of prosperity are meant empirically, but conditioned upon the actual<br />

establishment of the institutional framew<strong>or</strong>k that <strong>or</strong>do-liberalism postulates. Such a construct can<br />

scarcely be embarrassed by practical experience; since political practice will always act acc<strong>or</strong>ding to<br />

its own logic and never perfectly comply with <strong>or</strong>do-liberal quests, the the<strong>or</strong>ist will always have<br />

reason to blame the political system and can never be falsified. Yet, the relationship between the<strong>or</strong>y<br />

and practice is not quite so unambiguous. German politics is a case in point. It has continually<br />

displayed officious respect f<strong>or</strong> the guiding ideas, conceptions and institutionalisations in the <strong>or</strong>doliberal<br />

sense; on the other hand, it has equally displayed complacency when continuing to practice the<br />

“<strong>or</strong>ganised economy” tradition. 19 Such political opp<strong>or</strong>tunism could point out that <strong>or</strong>do-liberalism was,<br />

by now, the prevailing view in constitutional law and administrative law, which defended the freedom<br />

of the democratically accredited legislat<strong>or</strong> to pursue the economic policies which seemed to fit<br />

maj<strong>or</strong>itarian preferences best. Nörr acc<strong>or</strong>dingly calls the Bonn Republic’s “double path in economic<br />

policy and economic governance... a basic phenomenon in the hist<strong>or</strong>y of [its] emergence”; and “f<strong>or</strong><br />

the economic system that was to characterise the new state, we have even to speak of two stage<br />

productions, two presentations of the same play, that took no notice of each other”. 20 The Federal<br />

Constitutional Court’s refusal to attribute any legally-binding coverage of the economy to the Basic<br />

Law 21 most emphatically confirms this acc<strong>or</strong>ding to Nörr. 22<br />

The institutionalisation of both patterns, of <strong>or</strong>do-inspired economic law on the one hand, and<br />

discretionary economic policy on the other, cannot be reconciled the<strong>or</strong>etically; in practical terms,<br />

17<br />

As a representative example that indicates the tone, see F. Böhm, Wirtschafts<strong>or</strong>dnung und Staatsverfassung, Tübingen<br />

1950.<br />

18<br />

F<strong>or</strong> a systematic and detailed account, see W. Mussler, Die Wirtschaftsverfassung der Europäischen Gemeinschaft im<br />

Wandel. Von Rom nach Maastricht, Baden-Baden 1998, 58 ff.<br />

19<br />

Cf., f<strong>or</strong> example, W. Abelshauser, Die Langen Fünfziger Jahre. Wirtschaft und Gesellschaft in Deutschland 1949-1966,<br />

Düsseld<strong>or</strong>f 1987, 21 ff.<br />

20<br />

Die Republik der Wirtschaft (n. 13), 84.<br />

21<br />

Entscheidungen des Bundesverfassungsgerichts Vol. 7, 377 (1958) – „Investitionshilfe“.<br />

22 Ibid., 103 ff.

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