“My notion of democracy is that under it the weakest should have the same opportunity as the strongest.”- Mahatma Gandhi. In this paper, I will show the differences between two types of liberal thought, Neoliberalism and Ordoliberalism, that have attempted to achieve Gandhi’s notion. Merriam-Webster defines Neo-liberalism as “a liberal who de-emphasizes traditional liberal doctrines in order to seek progress by more pragmatic methods.” Liberalism can refer to any social, economic, or even …showed first 75 words of 1599 total…

…showed last 75 words of 1599 total…order and individual liberty. Individual political freedom was to be safeguarded by ensuring a liberal market order. A precondition to a functioning market order was the protection of key individual rights: rights to property, right to trade, liberty of contract, rules governing liability, etc. Ordoliberals arrived at a conclusion that the market structure is no longer suitable for perfect competition. If it is left alone, competition will destroy its own basics and consequently destroy itself.