The 1970s NIEO represented developing countries’ collective demand for redistribution and sovereignty.
Evidence
Many previous political demands in favor of redistribution, foreign aid, and planning enjoyed strong support in diverse UN bodies, and the growing self-confidence of developing countries found expression during the 1970s in the demand for a New International Economic Order (NIEO). — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 163
Categorization
- XREF: NIEO demand is historical context for the neoliberal backlash the reader is tracing — connects to decolonization/Third Worldism literature. — connects to: The 1974 NIEO declaration culminated a movement begun in 1955 — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 1736; The 1974 NIEO demanded commodity price controls, technology transfers, and debt forgiveness. — Jessica Whyte, The Morals of the Market: Human Rights…, 380; The 1973 oil embargo, not old theory, triggered the NIEO’s emergence — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 1743 (+3 more)
- corroborated: 2 independent passages support this claim — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 163
Broader Connections
- The 1974 NIEO declaration culminated a movement begun in 1955
#expands(1.00) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1736 - OPEC’s 1973 oil price shock emboldened G-77 demands for NIEO
#expands(1.00) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1740 - The 1974 NIEO demanded commodity price controls, technology transfers, and debt forgiveness.
#expands(0.95) — Jessica Whyte, The Morals of the Market, 380 - The Non-Aligned Movement shifted focus to economic concerns in the early 1970s
#expands(0.95) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1739 - The 1973 oil embargo, not old theory, triggered the NIEO’s emergence
#exemplifies(0.80) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1743 - Neoliberals rebranded market restrictions as human rights abuses to contest the NIEO.
#expands(0.75) — Jessica Whyte, The Morals of the Market, 429