Western powers’ own nationalizations undermined their case against Global South expropriations
Evidence
In 1952 Mises observed the irony of the disavowed symmetry between Global South and North when he said, “If it is right for the British to nationalize the British coal mines, it cannot be wrong for the IraÂniÂans to nationalize the IraÂnian oil industry. If Mr. Attlee Âwere consistent, he would have congratulated the IraÂniÂans on their Âgreat socialist achievement.” Röpke wrote a year Âlater that “the Mossadeqs appeal to the Atlees and the Bevans, who have inspired them with the idea of nationalization.” In fact, the British case against the expropriation of Anglo-ÂIranian Oil was one of the most imporÂtant signals to the international business community that new standards Âwere necessary for more robust protection of foreign property. — Quinn Slobodian, Globalists, 463
Categorization
- XREF: Connects to the broader historiography of decolonization-era property disputes and the double standard of Western economic nationalism. — connects to: NIEO opponents reframed Global South demands as an assault on liberal trading principles. — Quinn Slobodian, Globalists: The End of Empire and the…, 798; Neoliberal reformers framed Global South exemptions as undermining the rule of law. — Quinn Slobodian, Globalists: The End of Empire and the…, 797; Global powers apply inconsistent standards to protests abroad versus at home — Vincent Bevins, If We Burn: The Mass Protest Decade and…, 503
Broader Connections
- Neoliberal reformers framed Global South exemptions as undermining the rule of law.
#complicates(0.85) — Quinn Slobodian, Globalists, 797 - NIEO opponents reframed Global South demands as an assault on liberal trading principles.
#complicates(0.78) — Quinn Slobodian, Globalists, 798