Austrian officials invoked the world economy to roll back welfare gains

Evidence

Critics called the Chamber of Commerce policies ā€œclass war from aboveā€ and said that the anti-Ā­terror law showed that ā€œas always, the only means that the brains of Ā­those in power can think of to use against workers and employees is vioĀ­lence.ā€ The recommendation of Mises’s Chamber of Commerce showed his model in action. Understood functionally, democracy could be suspended when this is required for the stability of the market. … Foreign competition, and by extension the rhetorical weapon of invoking the world economy, was a bludgeon to beat back social policy gains in worker insurance, severance pay, and unemployment benefits. — Quinn Slobodian, Globalists, 168

Categorization

  • ADDENDUM: Directly supports the reader’s core thesis on neoliberalism as insulating markets from democracy; ā€˜depoliticization that was very political’ echoes the same inversion I found in mass-culture analyses of political speech.
  • XREF: Connects to the reader’s standing interest in how rhetorical invocations of global forces (ā€˜the world economy’) discipline domestic politics. — connects to: Austerity economists framed state restraint as protecting productive citizens. — Clara E. Mattei, The Capital Order: How Economists…, 1710; Economics legitimizes austerity claims by pretending to value-free objectivity.

Broader Connections