Neoliberals jointly committed to viewing the market as an information processor

Evidence

Within the confines of the MPS meetings, debates erupted concerning the best way to bring about an ideal market society under these unfavorable conditions. As the movement matured, neoliberals sought to reconcile the various aspects of their program to a shared commitment to the market as an information processor of unsurpassable power. Increasingly, neoliberals considered their own roles as intellectuals in light of a “marketplace of ideas,” and advanced the distinctive positions they arrived at in terms of how they understood its operation. — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 98

Categorization

  • DEFINE: Frames a core shared commitment that internally differentiated the movement: the market-as-information-processor and the marketplace-of-ideas self-conception.
  • XREF: connects to: Neoliberalism makes the market, not experts, the arbiter of truth — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 927; Neoliberalism wants science dissolved into market activity — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 231; Neoliberals depicted markets as peaceful information processors and politics as violent friend-enemy coercion. — Jessica Whyte, The Morals of the Market: Human Rights…, 403

Broader Connections