Neoliberal founders sought to limit national sovereignty over resources

Evidence

So it is crucial to break down what we mean when we do so. Neoliberalism operates at several levels, and the first is global. Its early proponents, especially the “Geneva School”—theorists like Ludwig von Mises, Friedrich Hayek, and others who did important work in the Swiss city—had a deep appreciation for how the first liberal era had created a worldwide capitalist economy, and they also harbored deep anxieties that the era of mass democracy and decolonization would get in its way. They wanted to impose limits on what national states could do to govern their own resources and economies—it was more important to ensure that an investor in London or New York could buy and sell copper mines in the Congo, for example, than to grant the Congolese people the full power to determine their ownership. — Vincent Bevins, If We Burn, 116

Categorization

  • XREF: connects to: Early neoliberals sought to radically shrink national sovereignty in service of free trade. — Quinn Slobodian, Globalists: The End of Empire and the…, 440; Neoliberals coined and repurposed consumer sovereignty to rival national sovereignty — Quinn Slobodian, Globalists: The End of Empire and the…, 401; Neoliberalism claims to liberate while actually eroding political sovereignty — Wendy Brown, Undoing the Demos: Neoliberalism’s…, 211 (+8 more)

Broader Connections