Hayek and Mises favored global governance, not unfettered free markets

Evidence

It was clear to the intellectuals of the 1930s that the choice was not between a governed nation and an ungoverned world economy. One of the surprises in the narrative I pres­ent may be to find thinkers like Hayek and Mises, who are commonly described as libertarian, speaking matter-­of-­factly about the need for vari­ous forms of international and even global governance. The withering away of the relative influence of national states was always to be accompanied by the corresponding strengthening of supranational institutions. The core of ordoglobalism is its own version of what Polanyi called re-­embedding the market. The crucial difference between him and the neoliberals is the ends to which the market is being re-­embedded. For Polanyi, it was to restore a mea­sure of humanity and social justice. For neoliberals, it was to prevent state proj­ects of egalitarian re­distribution and secure competition, alternatively defined as the optimal functioning of the price-­ signaling system. — Quinn Slobodian, Globalists, 79

Categorization

• DEFINE: Defines ordoglobalism as the core concept: re-embedding the market in international rules to prevent redistribution.
• XREF: Directly echoes the reader’s stated frame that neoliberalism is a project to insulate markets from democracy; also contrasts with Polanyi’s re-embedding as used in the reader’s existing knowledge. — connects to: Hayek believed durable intellectual movements require cross-disciplinary transnational support networks — Angus Burgin, The Great Persuasion: Reinventing Free…, 238; Hayek feared UN selectivity more than apartheid itself — Quinn Slobodian, Globalists: The End of Empire and the…, 585; Mises framed the socialist calculation debate at world, not national, scale — Quinn Slobodian, Globalists: The End of Empire and the…, 361 (+1 more)

Broader Connections

• Hayek feared UN selectivity more than apartheid itself #expands (0.80) — Quinn Slobodian, Globalists, 585
• Hayek believed durable intellectual movements require cross-disciplinary transnational support networks #expands (0.72) — Angus Burgin, The Great Persuasion, 238