Alexis De Tocqueville, “On Socialism”
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Michael Polanyi and Early Neoliberalism
MICHAEL POLANYI AND EARLY NEOLIBERALISM Martin Beddeleem Keywords: Friedrich Hayek, Louis Rougier, Michael Polanyi, Mont-Pèlerin Society, neoliberalism, planning, Walter Lippmann ABSTRACT1 Between the late 1930s and the 1950s, Michael Polanyi came in close contact with a diverse cast of intellectuals seeking a renewal of the liberal doctrine. The elaboration of this “neoliberalism” happened through a transnational collaboration between economists, philosophers, and social theorists, united in their rejection of central planning. Defining a common agenda for this “early neoliberalism” offered an opportunity to discard the old laissez-faire doctrine and restore a supervisory role of the state. Ultimately, post-war dissensions regarding the direction of these efforts led Polanyi away from the neoliberal core. Between the publication of his pamphlet on the failures of economic planning in the Soviet Union in 1936 (CF, 61-95) and that of The Logic of Liberty in 1951, Michael Polanyi progressively lost interest in chemistry and started to investigate the political and sociological conditions necessary to scientific freedom and the pursuit of truth. During that time, he became involved with a group of scholars who, equally, perceived the democratic collapse of Europe as a wake-up call for a restatement of its liberal tradition. Whereas the values of individual dignity and social progress that liber- alism carried were needed then more than ever, they agreed that the method to achieve these ideals had become obsolete. Therefore, they focused their efforts on revamping a science of liberalism, which could answer the scientific claims of plannism and totalitar- ian ideologies. Tradition & Discovery: The Journal of the Polanyi Society 45:3 © 2019 by the Polanyi Society 31 For two decades, Michael Polanyi took part in the inception and the consolida- tion of “early neoliberalism” (Schulz-Forberg 2018; Beddeleem 2019), a period that predates the later development of neoliberalism from the 1960s onwards. -
Liberal Internationalism and the Decline of the State: a Comparative Analysis of the Thought of Richard Cobden
Liberal Internationalism and the Decline of the State: A Comparative Analysis of the Thought of Richard Cobden. David Mitranv. and Kenichi Ohmae Per Axel Hammarlund The London School of Economics and Political Science Submitted for the degree of Ph.D. in International Relations, 2003 1 UMI Number: U178652 All rights reserved INFORMATION TO ALL USERS The quality of this reproduction is dependent upon the quality of the copy submitted. In the unlikely event that the author did not send a complete manuscript and there are missing pages, these will be noted. Also, if material had to be removed, a note will indicate the deletion. Dissertation Publishing UMI U178652 Published by ProQuest LLC 2014. Copyright in the Dissertation held by the Author. Microform Edition © ProQuest LLC. All rights reserved. This work is protected against unauthorized copying under Title 17, United States Code. ProQuest LLC 789 East Eisenhower Parkway P.O. Box 1346 Ann Arbor, Ml 48106-1346 fflUT'CAL AMO Declaration In conformity with rule 6.3.7. of the University of London Regulations for the Degrees of MPhil and PhD, I swear that the work presented in the thesis entitled ‘Liberal Internationalism and the Decline of the State: A Comparative Analysis of the Thought of Richard Cobden, David Mitrany, and Kenichi Ohmae’ is my own. Per A. Hammarlund New York, NY, 21 March, 2003. Abstract The purpose of the thesis is to provide a critical analysis of the liberal idea of the decline of the state based on a historical comparison. It takes special note of the implications of state failure for international relations. -
Hayek's the Constitution of Liberty
Hayek’s The Constitution of Liberty Hayek’s The Constitution of Liberty An Account of Its Argument EUGENE F. MILLER The Institute of Economic Affairs contenTs The author 11 First published in Great Britain in 2010 by Foreword by Steven D. Ealy 12 The Institute of Economic Affairs 2 Lord North Street Summary 17 Westminster Editorial note 22 London sw1p 3lb Author’s preface 23 in association with Profile Books Ltd The mission of the Institute of Economic Affairs is to improve public 1 Hayek’s Introduction 29 understanding of the fundamental institutions of a free society, by analysing Civilisation 31 and expounding the role of markets in solving economic and social problems. Political philosophy 32 Copyright © The Institute of Economic Affairs 2010 The ideal 34 The moral right of the author has been asserted. All rights reserved. Without limiting the rights under copyright reserved above, no part of this publication may be reproduced, stored or introduced into a PART I: THE VALUE OF FREEDOM 37 retrieval system, or transmitted, in any form or by any means (electronic, mechanical, photocopying, recording or otherwise), without the prior written permission of both the copyright owner and the publisher of this book. 2 Individual freedom, coercion and progress A CIP catalogue record for this book is available from the British Library. (Chapters 1–5 and 9) 39 isbn 978 0 255 36637 3 Individual freedom and responsibility 39 The individual and society 42 Many IEA publications are translated into languages other than English or are reprinted. Permission to translate or to reprint should be sought from the Limiting state coercion 44 Director General at the address above. -
Free Trade by Gordon Bannerman
Free Trade by Gordon Bannerman Exchanging commodities by commercial transaction is one of the most direct forms of transferring cultural and intellectual capital. Historically, however, international trading relationships have been complicated by national rivalries, opposing economic interests, and the desire of nation‐states to protect domestic industries as a guarantee of economic power and military strength. Against these restrictive influences, the acceptance of free trade has varied according to time, place, and circumstance. This article examines the international and ideological trajectory of the idea and considers the structural and economic influences which shaped policy development and outcomes, as well as the historical context within which it occurred. TABLE OF CONTENTS 1. Introduction 2. Early Modern Conceptions of Trade 3. Mercantilism and Liberal Political Economy 4. The Emergence of Free Trade in Europe 5. Repeal of the British Corn Laws 6. The Rise of Free Trade in Europe 7. The Revival of Protection in Europe 8. Free Trade in Decline 9. Conclusion 10. Appendix 1. Sources 2. Bibliography 3. Notes Indices Citation Introduction The notion of free trade in international commerce has a long history, but only in the 18th century did an increasingly liberal view of the practical benefits and economic efficiency of free international commerce emerge in scholarly work. Most notably, The Wealth of Nations (1776) by Adam Smith (1723–1790) (➔ Media Link #ab) saw free international commerce as a prerequisite for the wealth creation of expanding capitalist economies through the division of labour and the removal of artificial barriers to trading relationships. Smith's work was the catalyst for free trade theory, and despite the obstinate survival of protectionism, notably in emerging nation‐ states anxious to protect domestic industries as a guaranty of national strength, free trade theory was increasingly accepted as underpinning progressive, modern policy‐making. -
Richard Cobden, Educationist, Economist
RICHARD COBDEN, EDUCATIONIST, ECONOMIST AND STATESMAN. BY PETER NELSON FARRAR M.A. (oxoN), M.A. (LVPL). THESIS SUBMITTED FOR THE DEGREE OF DOCTOR OF PHILOSOPHY OF THE UNIVERSITY OF SHEFFIELD. Division of Education, June 1987. ii CONTENTS Page Ref. Summary iv Abbreviations vi Photographs vii Preface and Acknowledgements viii Part I. An Analysis of Cobden's Ideas and the Formative Influences. Chapter 1. An introductory analysis of Cobden's social philosophy and political activities. 1, 18 2. Cobden's character and formative years. 21, 39 3. Cobden's religious, moral and educa- tional philosophy. 41, 63 4. Cobden's approach to economics. 65, 81 Part II. Thought and Action 1835-1865. 5. The pen of "a Manchester manufacturer". 85, 98 6. Education for the people of Sabden and Chorley. 100, 120 7. Awakening Manchester 1835-1836 123, 147 8. The establishment of the Manchester Society for Promoting National Education. 152, 173 9. Educating the working class: schools and lyceums. 177, 195 10. "The education of 17 millions" the Anti-Corn Law League. 199, 231 11. Cobden and Frederic Bastiat: defining the economics of a consumer society. 238, 264 12. Amid contending ideals of national education 1843-1850. 269, 294 13. Guiding the National Public School Association 1850-1854. 298, 330 14. The Manchester Model Secular School. 336, 353 15. Cobden's last bid for a national education 1855-57. 355, 387 iii Page Ref. 16. The schooling of Richard Cobden junior. 391, 403 17. Newspapers for the millions. 404, 435 18. Investing in a future civilisation: the land development of the Illinois Central Railroad. -
Liberty, Property and Rationality
Liberty, Property and Rationality Concept of Freedom in Murray Rothbard’s Anarcho-capitalism Master’s Thesis Hannu Hästbacka 13.11.2018 University of Helsinki Faculty of Arts General History Tiedekunta/Osasto – Fakultet/Sektion – Faculty Laitos – Institution – Department Humanistinen tiedekunta Filosofian, historian, kulttuurin ja taiteiden tutkimuksen laitos Tekijä – Författare – Author Hannu Hästbacka Työn nimi – Arbetets titel – Title Liberty, Property and Rationality. Concept of Freedom in Murray Rothbard’s Anarcho-capitalism Oppiaine – Läroämne – Subject Yleinen historia Työn laji – Arbetets art – Level Aika – Datum – Month and Sivumäärä– Sidoantal – Number of pages Pro gradu -tutkielma year 100 13.11.2018 Tiivistelmä – Referat – Abstract Murray Rothbard (1926–1995) on yksi keskeisimmistä modernin libertarismin taustalla olevista ajattelijoista. Rothbard pitää yksilöllistä vapautta keskeisimpänä periaatteenaan, ja yhdistää filosofiassaan klassisen liberalismin perinnettä itävaltalaiseen taloustieteeseen, teleologiseen luonnonoikeusajatteluun sekä individualistiseen anarkismiin. Hänen tavoitteenaan on kehittää puhtaaseen järkeen pohjautuva oikeusoppi, jonka pohjalta voidaan perustaa vapaiden markkinoiden ihanneyhteiskunta. Valtiota ei täten Rothbardin ihanneyhteiskunnassa ole, vaan vastuu yksilöllisten luonnonoikeuksien toteutumisesta on kokonaan yksilöllä itsellään. Tutkin työssäni vapauden käsitettä Rothbardin anarko-kapitalistisessa filosofiassa. Selvitän ja analysoin Rothbardin ajattelun keskeisimpiä elementtejä niiden filosofisissa, -
CONTENTS I. Parliamentary Procedings II. Anti-Corn Law
CONTENTS I. Parliamentary Procedings (1) Charles Pelham Villiers (March 15, 1838), Motion in House of Commons “ that the House resolve itself into a Committee of the whole House for the purpose of taking into consideration the Act 9 Geo. IV., c 60, relating to the importation of corn” [source: A Member of the Cobden Club, editor, The Free Trade Speeches of the Right Hon. Charles Pelham Villiers, M.P., vol. 1 (London: Kegan Paul, Trench & Co., 1883)] (2) “Corn Laws. The Evidence of James Deacon Hume” (1839, Before the House of Commons Committee on the Import Duties) [source: Anti-Corn Law League reprint, (Manchester: J. Gadsby, 1839)] (3) Richard Cobden (February 17, 1843, “Distress of the Country,” House of Commons) [source: Anti-Corn Law League reprint, (Manchester: J. Gadsby, 1843)] (4) Richard Cobden (May 15, 1843, House of Commons) [source: Francis W. Hirst, ed., Free Trade and Other Fundamental Doctrines of the Manchester School (London and New York: Harper & Brothers, 1903) (5) Sir Robert Peel (January 27, 1846), Motion in House of Commons “that the House resolve itself into a Committee of the whole House on the Customs and Corn Importation Bills” [source: The Battle For Native Industry. The Debate Upon The Corn Laws, vol.1 (London: Office of the Society for the Protection of Agriculture and British Industry, 1846)] Early Responses to the Repeal Legislation (6) Mr. Liddell (January 27, 1846, House of Commons) [source: The Battle For Native Industry. The Debate Upon The Corn Laws, vol.1 (London: Office of the Society for the Protection of Agriculture and British Industry, 1846)] (7) Colonel Sibthorp (January 27, 1846, House of Commons) [source: The Battle For Native Industry. -
Nine Lives of Neoliberalism
A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Plehwe, Dieter (Ed.); Slobodian, Quinn (Ed.); Mirowski, Philip (Ed.) Book — Published Version Nine Lives of Neoliberalism Provided in Cooperation with: WZB Berlin Social Science Center Suggested Citation: Plehwe, Dieter (Ed.); Slobodian, Quinn (Ed.); Mirowski, Philip (Ed.) (2020) : Nine Lives of Neoliberalism, ISBN 978-1-78873-255-0, Verso, London, New York, NY, https://www.versobooks.com/books/3075-nine-lives-of-neoliberalism This Version is available at: http://hdl.handle.net/10419/215796 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence (especially Creative -
James M. Buchanan Jr. [Ideological Profiles of the Economics Laureates] Niclas Berggren Econ Journal Watch 10(3), September 2013: 292-299
James M. Buchanan Jr. [Ideological Profiles of the Economics Laureates] Niclas Berggren Econ Journal Watch 10(3), September 2013: 292-299 Abstract James M. Buchanan Jr. is among the 71 individuals who were awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel between 1969 and 2012. This ideological profile is part of the project called “The Ideological Migration of the Economics Laureates,” which fills the September 2013 issue of Econ Journal Watch. Keywords Classical liberalism, economists, Nobel Prize in economics, ideology, ideological migration, intellectual biography. JEL classification A11, A13, B2, B3 Link to this document http://econjwatch.org/file_download/718/BuchananIPEL.pdf ECON JOURNAL WATCH James M. Buchanan Jr. by Niclas Berggren6 James M. Buchanan (1919–2013) was born in rural Tennessee under rather simple circumstances: “It was a very poor life,” he says (Buchanan 2009, 91). Still, he ended up, in 1986, as a recipient of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. The Prize was awarded “for his development of the contractual and constitutional bases for the theory of economic and political decision-making.” Buchanan earned his Ph.D. in economics from the University of Chicago in 1948 and was thereafter a professor at the University of Tennessee, Florida State University, the University of Virginia, UCLA, Virginia Polytechnic Institute, and George Mason University. In spite of his academic accomplishments, Buchanan felt himself to be apart from an established elite—academic, intellectual or political—and he even regarded that elite with suspicion. The attitude can be connected to Buchanan’s ideological convictions and how these changed over the course of his lifetime. -
CONGRESSIONAL RECORD— Extensions of Remarks E1787 HON
November 16, 2012 CONGRESSIONAL RECORD — Extensions of Remarks E1787 was on his own, as students of Great Aca- remember accompanying him, when he vis- who have served with me over the past six demics always are. His first dissertation ited San Diego, to the Adams Avenue (used) years while I have been in office. A Member topic required him to do research at the Bookstore (where else would you entertain of Congress’ most important responsibility is to Bibliothe`que National in Paris, where he Ronald Hamowy?). While browsing the provide exceptional constituent services and found the research conditions impossible. stacks, I heard a voice muttering curses, Migrating to Oxford, which had resources somewhere else in the establishment. I found my team is second to none in providing the adequate to another topic in which he was Ronald in a side room, seated amid stacks of best assistance to all in our District. My Wash- interested, he needed the sponsorship of books he was examining, and holding a copy ington, DC office is also tasked with research- some Oxford academic, to get permission to of Barbara Tuchman’s The Guns of August in ing, processing, analyzing, and making rec- exploit the library. He approached Sir Isaiah his hand. Tuchman justified British inter- ommendations on an infinite number of re- Berlin, who rebuffed him. Berlin was ‘‘taking vention in World War I. ‘‘Damned British ports, policies, and legislation. I could not ask no more students.’’ crap,’’ Ronald exclaimed, putting the book for a more talented or dedicated team, and I Ronald, who was only half as tall as other down as if he were giving long-overdue pun- people, looked up at the great Sir Isaiah. -
Is Neoliberalism Consistent with Individual Liberty? Friedman, Hayek and Rand on Education Employment and Equality
International Journal of Teaching and Education Vol. IV, No. 4 / 2016 DOI: 10.20472/TE.2016.4.4.003 IS NEOLIBERALISM CONSISTENT WITH INDIVIDUAL LIBERTY? FRIEDMAN, HAYEK AND RAND ON EDUCATION EMPLOYMENT AND EQUALITY IRIT KEYNAN Abstract: In their writings, Milton Friedman, Friedrich August von Hayek and Ayn Rand have been instrumental in shaping and influencing neoliberalism through their academic and literary abilities. Their opinions on education, employment and inequality have stirred up considerable controversy and have been the focus of many debates. This paper adds to the debate by suggesting that there is an internal inconsistency in the views of neoliberalism as reflected by Friedman, Hayek and Rand. The paper contends that whereas their neoliberal theories promote liberty, the manner in which they conceptualize this term promotes policies that would actually deny the individual freedom of the majority while securing liberty and financial success for the privileged few. The paper focuses on the consequences of neoliberalism on education, and also discusses how it affects employment, inequality and democracy. Keywords: Neoliberalism; liberty; free market; equality; democracy; social justice; education; equal opportunities; Conservativism JEL Classification: B20, B31, P16 Authors: IRIT KEYNAN, College for Academic Studies, Israel, Email: [email protected] Citation: IRIT KEYNAN (2016). Is neoliberalism consistent with individual liberty? Friedman, Hayek and Rand on education employment and equality. International Journal of Teaching and Education, Vol. IV(4), pp. 30-47., 10.20472/TE.2016.4.4.003 Copyright © 2016, IRIT KEYNAN, [email protected] 30 International Journal of Teaching and Education Vol. IV, No. 4 / 2016 I. Introduction Neoliberalism gradually emerged as a significant ideology during the twentieth century, in response to the liberal crisis of the 1930s. -
Rothbard's Time on the Left
ROTHBARD'S TIME ON THE LEFT MURRAY ROTHBARD DEVOTED HIS life to the struggle for liberty, but, as anyone who has made a similar commitment realizes, it is never exactly clear how that devotion should translate into action. Conse- quently, Rothbard formed strategic alliances with widely different groups throughout his career. Perhaps the most intriguing of these alliances is the one Rothbard formed with the New Left in the rnid- 1960s, especially considering their antithetical economic views. So why would the most free market of free-market economists reach out to a gaggle of assorted socialists? By the early 1960s, Roth- bard saw the New Right, exemplified by National Review, as perpet- ually wedded to the Cold War, which would quickly turn exponen- tially hotter in Vietnam, and the state interventions that accompanied it, so he set out looking for new allies. In the New Left, Rothbard found a group of scholars who opposed the Cold War and political centralization, and possessed a mass following with high growth potential. For this opportunity, Rothbard was willing to set economics somewhat to the side and settle on common ground, and, while his cooperation with the New Left never altered or caused him to hide any of his foundational beliefs, Rothbard's rhetoric shifted distinctly leftward during this period. It should be noted at the outset that Rothbard's pro-peace stance followed a long tradition of individualist intellectuals. Writing in the early 1970s, Rothbard described the antiwar activities of turn-of-the- century economist William Graham Sumner and merchant Edward Atkinson during the American conquest of the Philippines, and noted: In taking this stand, Atkinson, Surnner, and their colleagues were not being "sports"; they were following an anti-war, anti-imperial- ist tradition as old as classical liberalism itself.