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Globalists

The End of Empire and the Birth of Neoliberalism

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Globalists

By: Quinn Slobodian
Narrated by: Joe Barrett
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About this listen

Neoliberals hate the state. Or do they? In the first intellectual history of neoliberal globalism, Quinn Slobodian follows a group of thinkers from the ashes of the Habsburg Empire to the creation of the World Trade Organization to show that neoliberalism emerged less to shrink government and abolish regulations than to redeploy them at a global level.

Slobodian begins in Austria in the 1920s. Empires were dissolving and nationalism, socialism, and democratic self-determination threatened the stability of the global capitalist system. In response, Austrian intellectuals called for a new way of organizing the world. But they and their successors in academia and government, from such famous economists as Friedrich Hayek and Ludwig von Mises to influential but lesser-known figures such as Wilhelm Röpke and Michael Heilperin, did not propose a regime of laissez-faire. Rather they used states and global institutions - the League of Nations, the European Court of Justice, the World Trade Organization, and international investment law - to insulate the markets against sovereign states, political change, and turbulent democratic demands for greater equality and social justice.

Far from discarding the regulatory state, neoliberals wanted to harness it to their grand project of protecting capitalism on a global scale. It was a project, Slobodian shows, that changed the world, but that was also undermined time and again by the inequality, relentless change, and social injustice that accompanied it.

©2018 the President and Fellows of Harvard College (P)2018 Tantor
20th Century Economic History International Political Science Politics & Government Self-Determination Economic disparity Economic inequality Imperialism Export Equality Interwar Period Global Crisis
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  • Overall
    3 out of 5 stars

This book was not written for me.

I struggled to finish this book. I feel no benefit from this experience sorry.

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    3 out of 5 stars
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    4 out of 5 stars

Information Intensive but worth Working Through

I enjoyed this book because I genuinely feel as if I learned something new and this included having some errors corrected in views I held previously. However it is a very academic text and is very intensively loaded with data to illustrate hypotheses and to support positions taken by the author. The book confirmed for me that;
i. globalism, in its current form, is a deeply malevolent force in the world and should be resisted at all costs;
ii. neoliberlism=globalism=anti-democracy;
iii. The European Union is an aggressively neoliberal organisation and Brexit was essentially a good and noble pursuit cut down and undermined by globalists in a sitting Government.
The book also caused me to wonder why, if the Left is so vehemently anti-neoliberlist then why doesn't it follow that it is anti-globalist and pro-Brexit? Similarly, if Margaret Thatcher was a committed devotee of Hayek then why did she oppose the European Union and deeper European integration - this seemed counterintuitive to me.
Hayek appears to have been the godfather of neoliberlism - the dangerous melding of economics, political power and social justice. One man's saviour and another man's Dr Evil.

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    4 out of 5 stars
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    4 out of 5 stars

Gets there in the end

Listening to this along with ‘Masters of the Universe’ should give listeners a good insight into the thinking and agitations of leading neo-liberal thinkers.

Like MotU, it begins in an equivocal tone, which I found disconcerting, as the gaps in neo-liberal thinking are seemingly glossed over. By the end, however, the respective authors have outlined the shortcomings and and hypocrisies within neo-liberal thinking and their humane concerns come through in objective ways.

This book shows the fringe aspect of neo-liberalism - both in its marginalised perspective and its detachment from history or serious empirical evidence. That has translated into a fringe position in active terms - transnational rather than international, working around or between nationalisms rather than with either party. Global thinking with a fraudulent claim to uphold some biased and bounded notion of ‘individual freedom’. Depending on national economies and currency exchanges without wanting to be hampered by those nations’ governmental principles.

These books and Thomas Piketty’s massive forensic counterpunches should prove the haymakers to finally silence these zealots, but a self-serving ideology will always appeal to those whose outlook has been cynical.

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    5 out of 5 stars

superb overview of neoliberalism

The author presents a detailed history and explanation of Neoliberalism as we know it today. it is well researched and non-judgemebtal.

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