Foucault’s market lectures echoed Mont Pelerin’s exoteric public face

Evidence

I leave it to others to sort through the biographical record to try to figure out the motives and considerations that may have steered Foucault in the direction of the neoliberals. In this book, Foucault’s acquiescence in the neoliberal doctrine of the market as über–information processor renders him pretty useless for our discussions of the crisis. The point of relevance for our present concerns is that Foucault’s lectures reproduced an asymmetry between the “state” and the “market” that smacks far more of the exoteric caricature promoted by Mont Pèlerin, rather than its internal esoteric understanding. — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 282

Categorization

  • XREF: The esoteric/exoteric split was developed in Mirowski’s earlier chapter on ‘double truths’; connects to the thought-collective framing the reader is tracking. — connects to: Mont Pèlerin founders framed market advocacy as skepticism against rigid laissez-faire ideals — Angus Burgin, The Great Persuasion: Reinventing Free…, 274; Mont Pèlerin neoliberalism framed market economy as governed by an elite citizenry’s social conscience — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 1306; Mont Pèlerin founders deliberately adopted progressive rhetoric to defend markets after the Depression — Angus Burgin, The Great Persuasion: Reinventing Free…, 276

Broader Connections