The End of Empire and the Birth of Neoliberalism

Quinn Slobodian’s book Globalists, sparked quite a controversy upon its English publication in early 2018. The Canadian historian casts new light on the history of free trade and neoliberal globalization, focusing on a group of economists around Friedrich von Hayek and Wilhelm Röpke to show that neoliberalism emerged less to shrink government and abolish regulations than to redeploy them at a global level. Driven by the fear that national democracies could disturb the smooth functioning of the global economy through tariffs or capital controls, their vision consisted of regulating the market on a global scale and thereby protecting it.

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