Human rights objections gave lenders leverage to demand stricter economic orthodoxy
Evidence
The reluctance of some members of the World Bank’s executive board to lend to Chile because of continuing human rights abuses strengthened the bank’s and the IMF’s ability to ensure orthodoxy: senior officials were willing to risk the disgrace and trouble of being involved in Chilean affairs only if the agreement was “flawless” on economic policy grounds (Teichman 2001, 53, 80). — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1602
Categorization
- SEED: Essay angle: how moral scruples over rights abuses were weaponized to extract harsher austerity concessions.
- XREF: connects to: Neoliberals redeployed human rights to protect investors and property — Jessica Whyte, The Morals of the Market: Human Rights…, 428; Human rights language was mobilized against demands for postcolonial economic redistribution. — Jessica Whyte, The Morals of the Market: Human Rights…, 379; Neoliberals weaponized human rights language to protect private property and market order — Jessica Whyte, The Morals of the Market: Human Rights…, 76 (+5 more)
Broader Connections
- Human rights language was mobilized against demands for postcolonial economic redistribution.
#corroborates(0.85) — Jessica Whyte, The Morals of the Market, 379 - Human rights discourse can be mobilised to defend property owners against popular demands
#corroborates(0.85) — Jessica Whyte, The Morals of the Market, 4 - Neoliberals redeployed human rights to protect investors and property
#expands(0.80) — Jessica Whyte, The Morals of the Market, 428 - Neoliberals weaponized human rights language to protect private property and market order
#expands(0.80) — Jessica Whyte, The Morals of the Market, 76 - Neoliberals framed human rights as a tool to enforce global standards protecting private capital
#expands(0.80) - Neoliberals deployed human rights language to justify property rights and dismantling welfare
#expands(0.80) — Jessica Whyte, The Morals of the Market, 7 - Neoliberals saw human rights standards as a way to depoliticize international economic relations
#corroborates(0.80) — Jessica Whyte, The Morals of the Market, 450 - Neoliberals sought enforceable capital flight rights that outstripped human rights protections.
#corroborates(0.75) — Quinn Slobodian, Globalists, 481