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Hayek's Bastards: Far Right's love-hate relationship with globalisation

Business Standard LogoBusiness Standard6h ago

Hayek's Bastards: Far Right's love-hate relationship with globalisation - Business Standard

Quick Summary:

The combination of emollient platitudes, economic shock therapy and strongman authoritarianism is why Milei features prominently in the concluding chapter of Quinn Slobodian’s bracingly original new book,  Hayek’s Bastards.

Slobodian’s book offers an illuminating history to our current bewildering moment, as right-wing populists join forces with billionaire oligarchs to take a chain saw to the foundations of public life, until there’s nothing left to stand on.

Rothbard pointed to the wars in the former Yugoslavia as proof that “national heterogeneity simply does not work.” Slobodian lays out how, for right-wingers fearful of a spendthrift government “debauching” the currency, gold became the objective standard of value.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-20 @ 23:45:33 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 852 words

Reading Time: 5 minutes read

Sentences: 22 lines

Sentence Length: 39 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28055004

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