Neoliberalism’s core project was protecting world markets from democratization

Evidence

Historians have focused, in par­tic­u­lar, on the Mont Pèlerin Society, formed by F. A. Hayek and ­others in 1947, as a group of like-­minded intellectuals and policy makers who would meet periodically to discuss world affairs and the con­temporary condition of the po­liti­cal cause to which they ­were devoted. This group was not without its internal rifts, as the works cited have shown. Apart from monetary policy and development economics, though, the question of international and global governance has been surprisingly neglected in ­these histories. Although ­there ­were differences among ­these thinkers, my contention is that we can discern the broad strokes of a coherent prescription for world order in their writings and actions. Globalizing the ordoliberal princi­ple of “thinking in ­orders,” their proj­ect of thinking in world ­orders offered a set of proposals designed to defend the world economy from a democracy that became global only in the twentieth ­century—­producing a state of affairs and a set of challenges that their pre­de­ces­sors, the classical liberals, could never have predicted. — Quinn Slobodian, Globalists, 34

Categorization

• DEFINE: Defines ‘thinking in orders’ as an ordoliberal principle being globalized into ‘thinking in world orders.’
• XREF: Connects to the widely documented claim that the Mont Pèlerin Society’s 1947 founding is the standard origin point for organized neoliberalism. — connects to: Neoliberal globalism meant insulating markets from democracy, not abolishing states — Quinn Slobodian, Globalists: The End of Empire and the…, 56; Neoliberalism sought institutions balancing the world economy against political sovereignty — Quinn Slobodian, Globalists: The End of Empire and the…, 53; Neoliberalism’s core value is protecting the whole world economy, not individual freedom — Quinn Slobodian, Globalists: The End of Empire and the…, 98 (+6 more)

Broader Connections

• Neoliberal globalism meant insulating markets from democracy, not abolishing states #corroborates (0.95) — Quinn Slobodian, Globalists, 56
• Neoliberalism sought institutions balancing the world economy against political sovereignty #corroborates (0.90) — Quinn Slobodian, Globalists, 53
• Neoliberalism’s core value is protecting the whole world economy, not individual freedom #expands (0.85) — Quinn Slobodian, Globalists, 98
• Neoliberalism reversed the state’s protective role toward shielding markets #corroborates (0.85) — Wendy Brown, Undoing the Demos, 745
• Neoliberal market discipline was adopted to pacify unruly democratic publics #corroborates (0.85) — Shoshana Zuboff, The Age of Surveillance Capitalism, 122
• Neoliberal freedom is recoded as negative liberty to protect market supremacy #corroborates (0.80) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 2130
• Clinton’s democracy promotion was aimed at making the world safe for neoliberal capitalism #exemplifies (0.80) — Deepa Kumar, Islamophobia and the Politics of Empire, 406
• Dictatorship solved the neoliberal problem of replacing popular sovereignty with market sovereignty #responds-to (0.75) — Jessica Whyte, The Morals of the Market, 330
• Neoliberal freedom amounts to submission to market sovereignty enforced by price fluctuations #complicates (0.75)