Bauer anticipated the new political economy’s skepticism of predatory states

Evidence

In fact, Bauer anticipated many of the most celebrated themes in what Lal (1987) calls the “new political economy”; chief among these is a profound skepticism toward the state, frequently regarded as a self-interested bureaucracy inclined toward predatory behavior, and the argument that government intervention in market processes encourages rent-seeking dynamics that are inimical to productive economic activity and genuine development (Krueger 1974; Bhagwati 1982). — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1773

Categorization

  • XREF: The predatory-state and rent-seeking themes connect directly to public choice theory (Buchanan, Tullock) and Krueger’s rent-seeking literature also examined elsewhere in this book. — connects to: Neoliberalism’s purported state-skepticism actually mandates a strong state — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 238; Peter Bauer reframed development economics to prioritize markets over security concerns — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 1334; Neoliberalism reversed the state’s protective role toward shielding markets — Wendy Brown, Undoing the Demos: Neoliberalism’s…, 745 (+2 more)

Broader Connections