Lippmannâs 1937 Good Society launched the neoliberal program against Depression-era orthodoxy
Evidence
The publication of Walter Lippmannâs (An Inquiry into the Principles of) The Good Society in 1937 marked the beginning of a new dawn in the history of neoliberalism. The book was enthusiastically welcomed by the liberal intellectuals in Europe, perhaps even more so than in America (Steel 1980). Lippmannâs core message was the superiority of the market economy over state intervention, a principle that was (to say the least) leaning against the wind in the depths of the Great Depression. The book was brimming with insights that would later constitute the conventional wisdom in neoliberal circles, notably: In a free society the state does not administer the affairs of men. â Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 105
Categorization
- corroborated: 2 independent passages support this claim â Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The MakingâŚ, 105
- XREF: connects to: The Depression forced postwar conservatives to rebuild capitalismâs foundations, not defend them â Angus Burgin, The Great Persuasion: Reinventing FreeâŚ, 33; Lippmannâs Good Society framework shaped Hayekâs later political philosophy â Angus Burgin, The Great Persuasion: Reinventing FreeâŚ, 163; The term âneoliberalismâ was coined at the 1938 Colloque Walter Lippmann â Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The MakingâŚ, 775 (+9 more)
Broader Connections
- Neoliberalism emerged from the Great Depression, not from Viennese interwar thought alone
#expands(0.85) â Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 101 - The term âneoliberalismâ was coined at the 1938 Colloque Walter Lippmann
#expands(0.80) â Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 775 - Neoliberalismâs core concepts formed in the 1930s through networked institutions
#expands(0.80) â Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 352 - The Colloque Walter Lippmann convinced nascent neoliberals to cross disciplinary boundaries
#expands(0.75) â Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 116 - Walter Lippmann deliberately withdrew from the neoliberal movement as it institutionalized
#qualifies(0.75) â Angus Burgin, The Great Persuasion, 216 - Ordoliberalism developed across three stages from the Depression through Nazi rule to 1950s reconstruction.
#expands(0.75) â Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 519 - Lippmannâs neoliberal manifesto looks socialist compared to the new laissez-faire agenda
#contradicts(0.70) â Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 300 - Mont Pèlerin founders deliberately adopted progressive rhetoric to defend markets after the Depression
#responds-to(0.70) â Angus Burgin, The Great Persuasion, 276