If Crooked Timber readers have not had enough of Brexit reflections from me today, there are more over at the LRB blog where I use Benjamin Constant’s distinction between the liberties of the ancients and the liberties of the moderns to illuminate, I hope, the false promise that with sovereignty Brexit brings freedom.
I recently finished reading Quinn Slobodian’s excellent Globalists, which, for those who don’t know, is an intellectual history of neoliberalism focused on the “Geneva school”. As with all good history, the book did not contain quite what I expected it to. I expected to read of the European Union as a kind of realization of Hayek’s ideas from the 1930s aimed at putting economics (and private property) beyond democratic control, a reading that gives some support to “Lexity” narratives about the EU. But the picture that emerges from Slobodian’s story is much more complex than that. In fact, the Common Market emerges as a messy compromise between German neoliberals who did want a rules-based order putting economics beyond politics and French agricultural protectionism and neocolonialism. This results in a split within the neoliberal camp between those who see EU’s regional governance as a partial step towards the legal insulation of economics from the folly of economic nationalism and those who see the EU as economic nationalism writ large, with the latter camp putting their faith in international protections for markets, competition and capital embedded in the WTO.
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