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Globalists

The End of Empire and the Birth of Neoliberalism

Quinn Slobodian

$63.95

Hardback

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English
Harvard Uni.Press Academi
16 March 2018
Neoliberals hate the state. Or do they? In the first intellectual history of neoliberal globalism, Quinn Slobodian follows a group of thinkers from the ashes of the Habsburg Empire to the creation of the World Trade Organization to show that neoliberalism emerged less to shrink government and abolish regulations than to redeploy them at a global level.

Slobodian begins in Austria in the 1920s. Empires were dissolving and nationalism, socialism, and democratic self-determination threatened the stability of the global capitalist system. In response, Austrian intellectuals called for a new way of organizing the world. But they and their successors in academia and government, from such famous economists as Friedrich Hayek and Ludwig von Mises to influential but lesser-known figures such as Wilhelm Ropke and Michael Heilperin, did not propose a regime of laissez-faire. Rather they used states and global institutions-the League of Nations, the European Court of Justice, the World Trade Organization, and international investment law-to insulate the markets against sovereign states, political change, and turbulent democratic demands for greater equality and social justice.

Far from discarding the regulatory state, neoliberals wanted to harness it to their grand project of protecting capitalism on a global scale. It was a project, Slobodian shows, that changed the world, but that was also undermined time and again by the inequality, relentless change, and social injustice that accompanied it.

By:  
Imprint:   Harvard Uni.Press Academi
Country of Publication:   United States
Dimensions:   Height: 235mm,  Width: 156mm, 
ISBN:   9780674979529
ISBN 10:   0674979524
Pages:   400
Publication Date:  
Audience:   Professional and scholarly ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active

Reviews for Globalists: The End of Empire and the Birth of Neoliberalism

A remarkable study, elegant and lucid. Slobodian's complete mastery of his subject is evident.--Angus Burgin, Johns Hopkins University Heraclitus warned us that 'no man can stand in the same river twice, for it is not the same river, ' yet the temptation to do so is strong when it comes to the history of ideas. Viewing the liberalism of today as simply a return to earlier ideas is similarly tempting, but wrong. Slobodian's investigation of how 'Geneva school' liberals sought to reinvent global liberalism so that capitalism could be made safe from democracy is a fundamental recasting of what modern liberalism is and from whence it came, forcing all of us who theorize on capitalism to rethink the very object of our study.--Mark Blyth, Brown University Well-executed, engaging, and important. This is by far the best book I have read on neoliberalism, ever.--Bruce Caldwell, Duke University Imagine a novel and interesting coverage of the post-war Austrian School, here relabeled the 'Geneva School, ' a well-done partial history of the WTO and EU, and a book where the central characters are not only Mises and Hayek, but also Alexander R stow, Wilhelm R pke, and Michael Heilperin.--Tyler Cowen Marginal Revolution (02/22/2018) [A] fascinating book... [Slobodian] writes with elegance and clarity.--Deirdre Nansen McCloskey Literary Review (04/01/2018) [A] fantastic intellectual history of neo-liberalism in the international arena... Slobodian's book is excellent history... It offers a fresh and exciting new vantage point on an important set of global developments, drawing on important and under-utilized archival resources. It also implicitly pushes back at the romanticism of ideas that is core to the standard story of neo-liberalism.-- (05/03/2018) [Globalists] puts to rest the idea that 'neoliberal' lacks a clear referent. As Slobodian meticulously documents, the term has been used since the 1920s by a distinct group of thinkers and policymakers who are unified both by a shared political vision and a web of personal and professional links... Slobodian definitively establishes the existence of neoliberalism as a coherent intellectual project--one that, at the very least, has been well represented in the circles of power... One of Slobodian's great insights is that the neoliberal program was not simply a move in the distributional fight, but rather about establishing a social order in which distribution was not a political question at all. For money and markets to be the central organizing principle of society, they have to appear natural--beyond the reach of politics... Slobodian has written the definitive history of neoliberalism as a political project.-- (06/01/2018) The world today works in a distinctive and relatively new way, and those workings need a name. Its critics are right that neoliberalism has multiple meanings and can be used in a way that is more pejorative than precise. But it also has an intellectual genealogy with real bearing on our time, making a careful reconstruction of its history essential to understanding our global economy. Quinn Slobodian provides exactly that in Globalists, showing how neoliberal ideas grew from particular historical circumstances to global influence, while also correcting certain misconceptions about neoliberalism's meaning and goals.-- (05/01/2018)


  • Short-listed for Wallace K. Ferguson Prize 2019 (United States)
  • Winner of George Louis Beer Prize 2019 (United States)

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