Neoliberal investor-rights proposals mocked in the 1950s became the 21st-century norm.

Evidence

When in the years ­after 1945 neoliberals proposed a “good” ITO that would constrain national sovereignty and make investor rights stronger than civil rights, they ­were dismissed as dinosaurs or dreamers. Yet what was condemned by contemporaries in the 1950s as a “fallacy of nineteenth-­centuryism”—­believing the clock could be turned back to an earlier era—­has become part of twenty-­first-­century real­ity. — Quinn Slobodian, Globalists, 479

Categorization

  • QUESTION: Interesting to chase: what specifically did the ‘good’ ITO proposal contain, and which of its provisions actually survived into BITs decades later?
  • XREF: connects to: Neoliberal development thought began decades before its late-1970s influence. — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 1264; Neoliberals redeployed human rights to protect investors and property — Jessica Whyte, The Morals of the Market: Human Rights…, 428

Broader Connections