History

Hayek's Bastards: Race, Gold, IQ, and the Capitalism of the Far Right

How neoliberals turned to nature to defend inequality after the end of the Cold War

Hardcover

Price:
$29.95
ISBN:
Published:
Apr 15, 2025
Pages:
272
Size:
6 x 8 in.
Main_subject:
History

Neoliberals should have seen the end of the Cold War as a total victory鈥攂ut they didn鈥檛. Instead, they saw the chameleon of communism changing colors from red to green. The poison of civil rights, feminism, and environmentalism ran through the veins of the body politic and they needed an antidote.

To defy demands for equality, many neoliberals turned to nature. Race, intelligence, territory, and precious metal would be bulwarks against progressive politics. Reading and misreading the writings of their sages, Friedrich Hayek and Ludwig von Mises, they articulated a philosophy of three hards鈥攈ardwired human nature, hard borders, and hard money鈥攁nd forged the alliances with racial psychologists, neoconfederates, ethnonationalists, and goldbugs that would become known as the alt-right.

Following Hayek鈥檚 bastards from Murray Rothbard to Charles Murray to Javier Milei, we find that key strains of the Far Right emerged within the neoliberal intellectual movement not against it. What has been reported as an ideological backlash against neoliberal globalization in recent years is often more of a frontlash. This history of ideas shows us that the reported clash of opposites is more like a family feud.