The counter-revolution in development economics began well before the late 1970s.

Evidence

While Toye dates the counter-revolution from the late 1970s, the material presented in this section, which extends from Gottfried Haberler’s 1957 report on the General Agreement on Tariffs and Trade (GATT) to a 2005 article by Deepak Lal, encourages a different periodization. It suggests that the seeds of this transformation were sown well before the specific period of the NIEO, and that the ideas that underlie it continue to be developed by scholars today, who draw on these earlier arguments while also updating them to reflect what are represented as ongoing challenges to the liberal international economic order. — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1754

Categorization

  • XREF: Connects to the broader historiography-debate thread on when neoliberalism’s intellectual foundations were laid, echoing the Mont Pèlerin origins material elsewhere in this volume. — 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; The late-1970s neoliberal export-oriented development paradigm was conceived in the 1950s — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 159; The Industrial Revolution was imperial-scale and built on centuries of prior development — Cedric J. Robinson, Black Marxism_ The Making of the Black…, 218 (+2 more)

Broader Connections