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Globalists: The End of Empire and the Birth of Neoliberalism Paperback – April 7, 2020

4.5 4.5 out of 5 stars 184 ratings

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George Louis Beer Prize Winner
Wallace K. Ferguson Prize Finalist
A
Marginal Revolution Book of the Year

“A groundbreaking contribution…Intellectual history at its best.”
―Stephen Wertheim,
Foreign Affairs

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. It was a project that changed the world, but was also undermined time and again by the relentless change and social injustice that accompanied it.

“Slobodian’s lucidly written intellectual history traces the ideas of a group of Western thinkers who sought to create, against a backdrop of anarchy, globally applicable economic rules. Their attempt, it turns out, succeeded all too well.”
―Pankaj Mishra,
Bloomberg Opinion

“Fascinating, innovative…Slobodian has underlined the profound conservatism of the first generation of neoliberals and their fundamental hostility to democracy.”
―Adam Tooze,
Dissent

“The definitive history of neoliberalism as a political project.”
Boston Review

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Editorial Reviews

Review

“The world today works in a distinctive and relatively new way, and those workings need a name. Its critics are right that neoliberalism has multiple meanings and can be used in a way that is more pejorative than precise. But it also has an intellectual genealogy with real bearing on our time, making a careful reconstruction of its history essential to understanding our global economy. Quinn Slobodian provides exactly that in Globalists, showing how neoliberal ideas grew from particular historical circumstances to global influence, while also correcting certain misconceptions about neoliberalism’s meaning and goals.”Patrick Iber, New Republic

“[
Globalists] puts to rest the idea that ‘neoliberal’ lacks a clear referent. As Slobodian meticulously documents, the term has been used since the 1920s by a distinct group of thinkers and policymakers who are unified both by a shared political vision and a web of personal and professional links… Slobodian definitively establishes the existence of neoliberalism as a coherent intellectual project―one that, at the very least, has been well represented in the circles of power… One of Slobodian’s great insights is that the neoliberal program was not simply a move in the distributional fight, but rather about establishing a social order in which distribution was not a political question at all. For money and markets to be the central organizing principle of society, they have to appear natural―beyond the reach of politics… Slobodian has written the definitive history of neoliberalism as a political project.”J. W. Mason, Boston Review

“Imagine a novel and interesting coverage of the post-war Austrian School, here relabeled the ‘Geneva School,’ a well-done partial history of the WTO and EU, and a book where the central characters are not only Mises and Hayek, but also Alexander Rüstow, Wilhelm Röpke, and Michael Heilperin.”
Tyler Cowen, Marginal Revolution

“[
Globalists] is important because it provides a new frame for the history of this movement. For Slobodian, the earliest and most authentic brand of neoliberalism was from the outset defined by its preoccupation with the question of world economic integration and disintegration…Slobodian gives us not only a new history of neoliberalism but a far more diverse image of global policy debates after 1945…It is a measure of the success of this fascinating, innovative history that it forces the question: after Slobodian’s reinterpretation, where does the critique of neoliberalism stand? First and foremost, Slobodian has underlined the profound conservatism of the first generation of neoliberals and their fundamental hostility to democracy.”Adam Tooze, Dissent

“Beginning with the breakup of the Hapsburg Empire, Slobodian’s lucidly written intellectual history traces the ideas of a group of Western thinkers who sought to create, against a backdrop of anarchy, globally applicable economic rules. Their attempt, it turns out, succeeded all too well in our own time. We stand in the ruins of their project, confronting political, economic and environmental crises of unprecedented scale and size. It is imperative to chart our way out of them, steering clear of the diversions offered by political demagogues. One can only hope that the new year will bring more intellectual heresies of the kind…Slobodian’s book embod[ies]. We need them urgently to figure out what comes after neoliberalism.”
Pankaj Mishra, Bloomberg Opinion

“Contrary to popular assumption, Mises, Hayek, and many of their heirs did not actually trust capital to manage itself unimpeded: The economic ‘freedom’ they desired, in practice, required extreme, top-down measures to curtail democracy.”
Atossa Abrahamian, Bookforum

“[A] magnificent history of neoliberalism…Offers a rich, lucid, and illuminating genealogy of neoliberal theory and practice, from its inception after World War I to the formation of the World Trade Organization.”
Eugene McCarraher, Commonweal

“[A] fascinating book… [Slobodian] writes with elegance and clarity.”
Deirdre Nansen McCloskey, Literary Review

“A book that is likely to upset enthusiasts of the ‘liberal world order.’…Slobodian makes a groundbreaking contribution. Unlike standard accounts, which cast neoliberals as champions of markets against governments and states, Slobodian argues that neoliberals embraced governance―chiefly at the global level…
Globalists is intellectual history at its best.”Stephen Wertheim, Foreign Affairs

“Represents a step forward in scholarship on neoliberalism. It deserves to be widely read not merely by historians interested in the twentieth century, but by anyone looking for more depth and broader context on the populist uprisings reshaping global relations today…To know this history is not just necessary but urgent.”
Jennifer Burns, American Historical Review

“[The] most important story of the rise of neoliberalism cannot be found in the books and lectures by theorists like David Harvey, Michel Foucault, Wendy Brown, or Werner Bonefeld. It is, as far as I can tell, only in Slobodian's
Globalists.”Charles Mudede, The Stranger

“The term neoliberalism provokes much choleric denial. But Quinn Slobodian’s
Globalists: The End of Empire and the Birth of Neoliberalism decisively establishes it as a coherent project, tracing it back to the political and intellectual synergies of the 1920s.”Pankaj Mishra, The Guardian

“One of the invaluable services provided by Quinn Slobodian’s
Globalists: The End of Empire and the Birth of Neoliberalism is to trace this anti-democratic tendency’s theoretical origins, and demonstrate how for generations, ultra-market intellectuals have viewed democracy as a potential threat to the market…Slobodian’s book is at its most engaging when he shows in detail the practically metaphysical dignity the neoliberals bestow upon the market.”Jordan Ecker, American Prospect

“[A] sweeping intellectual history of neoliberalism…
Globalists is the work of an historian that relishes the opportunity to excavate, like an archaeologist, the fossils of an idea…As Slobodian’s book makes clear, global economic integration in its neoliberal form cannot allow for democracy, because it is precisely predicated on protecting the market from democracies.”Ayan Meer, New Politics

“[A] fantastic intellectual history of neo-liberalism in the international arena… Slobodian’s book is excellent history… It offers a fresh and exciting new vantage point on an important set of global developments, drawing on important and under-utilized archival resources. It also implicitly pushes back at the romanticism of ideas that is core to the standard story of neo-liberalism.”
Henry Farrell, Crooked Timber

“Slobodian gives us not only a genealogy but a feel for an institutionalizing imaginary within unfolding institutional facticity…Enables us to comprehend how globalization has produced a coordination framework amounting to a complex transnational economic constitution upholding the function of the price system.”
Richard R. Weiner, European Legacy

“Flat-out brilliant.”
Andy Seal, S-USIH: Society for U.S. Intellectual History

“Masterful…Slobodian corrects erroneous assumptions about neoliberal theory…The neoliberal theorists resemble Arendt’s Eichmann in their dehumanizing of humans and seeming obliviousness to the human condition.”
Judith Deutsch, CounterPunch

“This powerful headlong dive into the history of neoliberalism necessitates rethinking the ways of perpetuating an idea central to the 20th and 21st centuries…
Globalists should be required reading for graduate students and scholars whose interests intersect with 20th-century Europe, economic history, and, most broadly, the history of ideas.”D. N. Nelson, Choice

“Well-executed, engaging, and important. This is by far the best book I have read on neoliberalism, ever.”
Bruce Caldwell, Duke University

“A remarkable study, elegant and lucid. Slobodian’s complete mastery of his subject is evident.”
Angus Burgin, Johns Hopkins University

“Heraclitus warned us that ‘no man can stand in the same river twice, for it is not the same river,’ yet the temptation to do so is strong when it comes to the history of ideas. Viewing the liberalism of today as simply a return to earlier ideas is similarly tempting, but wrong. Slobodian’s investigation of how ‘Geneva school’ liberals sought to reinvent global liberalism so that capitalism could be made safe from democracy is a fundamental recasting of what modern liberalism is and from whence it came, forcing all of us who theorize on capitalism to rethink the very object of our study.”
Mark Blyth, Brown University

About the Author

Quinn Slobodian is Associate Professor of History at Wellesley College.

Product details

  • Publisher ‏ : ‎ Harvard University Press (April 7, 2020)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 400 pages
  • ISBN-10 ‏ : ‎ 0674244842
  • ISBN-13 ‏ : ‎ 978-0674244849
  • Item Weight ‏ : ‎ 12.8 ounces
  • Dimensions ‏ : ‎ 5.5 x 1.1 x 8.25 inches
  • Customer Reviews:
    4.5 4.5 out of 5 stars 184 ratings

About the author

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Quinn Slobodian
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Quinn Slobodian is the author of Crack-Up Capitalism: Market Radicals and the Dream of a World without Democracy published by Metropolitan Books in the US, Penguin in the UK, Suhrkamp in Germany, Seuil in France, and elsewhere. His previous book, Globalists: The End of Empire and the Birth of Neoliberalism (Harvard University Press, 2018), won the American Historical Association’s George Louis Beer Prize and has been translated into seven languages. He is professor of international history at the Frederick S. Pardee School of Global Studies at Boston University, contributing writer to New Statesman, co-editor of Contemporary European History and co-director of the History and Political Economy Project. He lives in Cambridge, MA.

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4.5 out of 5 stars
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Top reviews from the United States

  • Reviewed in the United States on July 2, 2024
    Quinn Slobodian does an excellent job highlighting the evolution of neoliberal thought and practice from its inception. Globalists challenges the tendency to look at neoliberalism as a process of 'unfettering' or 'liberating' markets from political constraints. Instead, Slobodian, whose arguments center the Geneva School theorists and their followers rather than critics of neoliberal thought, makes the case that encasement is a more apt metaphor. Instead, Slobodian tells readers that in order to understand the neoliberal project, it is more useful to examine the qualitative ('what kind of state') rather than the quantitative ('how much state').
  • Reviewed in the United States on January 1, 2019
    The author explicates how with Hayek and von Mises the economics of the central Europe has had a development, such that we can consider it a true entry in the modernity. The structures which the new-liberalism introduced were truly important for allowing the social progress. So some politicians have had the way for following particular models, which also today are considered with interest by many experts. The result is that the globalization has given to the several countries the same possibility . This competence has a strong value, because the author has a clear style and an efficient vision of the reality.
    5 people found this helpful
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  • Reviewed in the United States on October 18, 2018
    This was a very informative history of the birth and maturity of the neoliberal movement in economic thought. It was also interesting to see the evolution of Hyak’s thought process and influences, although the book was much more than this.
    3 people found this helpful
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  • Reviewed in the United States on May 25, 2024
    This book plunges into the deep foundations of what is now known as neoliberalism and sheds revelatory light on an important concept that has been influencing western culture and society for decades, for the most part without conscious awareness by the general public. Surprisingly the roots are quite different from what I had picked up from other books.
    One person found this helpful
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  • Reviewed in the United States on December 15, 2019
    Wonderfully researched and written, and highly illuminating reconstruction of the intellectual contributions and influence of the so-called Geneva school of neo-liberal globalists in the inter-war and post war years.
    4 people found this helpful
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  • Reviewed in the United States on November 14, 2018
    Anybody interested in global trade, business, human rights or democracy today should read this book.

    The book follow the Austrians from the beginning in the Habsburgischer empire to the beginning rebellion against the WTO. However, most importantly it follows the thinking and the thoughts behind the building of a global empire of capitalism with free trade, capital and rights. All the way to the new “human right” to trade. It narrows down what neoliberal thought really consist of and indirectly make a differentiation to the neoclassical economic tradition.

    What I found most interesting is the turn from economics to law - and the conceptual distinctions between the genes, tradition, reason, which are translated into a quest for a rational and reason based protection of dominium (the rule of property) against the overreach of imperium (the rule of states/people). This distinction speaks directly to the issues that EU is currently facing.
    20 people found this helpful
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  • Reviewed in the United States on September 9, 2019
    A great history of neoliberalism and its main actors. Highly recommend it.
    3 people found this helpful
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  • Reviewed in the United States on January 7, 2020
    Challenges conventional historical thinking on the “birth” of Neoliberalism, Slobodian creates an incredibly informative narrative. One of the best books on Neoliberalism that I’ve read.
    2 people found this helpful
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Top reviews from other countries

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  • Fezz
    5.0 out of 5 stars a comprehensive review
    Reviewed in the United Kingdom on July 26, 2023
    fantastically researched and clearly presented.
  • Kimy
    5.0 out of 5 stars A detailed and well researched book.
    Reviewed in Canada on November 16, 2020
    This book gave me a more clear understanding of "neoliberalism" and its development over the past 100 years.
  • Carlos de la Canal
    5.0 out of 5 stars Texto fundamental para comprender el liberalismo
    Reviewed in Mexico on January 26, 2020
    Extraordinario esfuerzo por relatar el devenir del liberalismo
  • Pawel Dilmot
    5.0 out of 5 stars Un nuovo paradigma
    Reviewed in Italy on August 5, 2018
    Il testo, molto ben costruito e con ricchezza di citazioni, tenta di formulare un nuovo paradigma nell'analisi della nascita del Neoliberismo. Il fenomeno è rimasto segnato dalle analisi che ne fece Karl Polanyi ma ora Slobodian affronta la storia e le idee di questo movimento lasciando molto spazio all'influenza della Mont Pelerin Society e all'apporto dei giuristi e degli economisti europei. Leggeremo molte cose su Von Hayek, sul suo maestro Von Mises ma anche su Ropke e meno sugli astri americani del movimento.
  • Shahram Chubin
    1.0 out of 5 stars A very academic treatise of limited interest to the general reader or the intelligent public.
    Reviewed in Germany on November 13, 2022
    Far too narrow an emphasis on the subject and little analysis of the consequences of neo-liberlaism