Research · Glossary

The House That Hayek Built

Framework Political science Explanation

Credited to New Economy Organisers Network

Summary

The House That Hayek Built is a training diagram that draws neoliberalism as a house, each storey resting on the one below, to show how an ideology holds together and holds power. The New Economy Organisers Network (NEON) made it in 2016. It is named after Friedrich Hayek, the Austrian-British economist whose principles neoliberal thought is built on.

The house rises from the interests it serves and the values behind them, through principles and the institutions that carry them, to a narrative, policy priorities and outcomes such as inequality. Quaker trainers have used it to imagine a ‘House of the New Economy’ in its place.

Rationale

People from NEON joined our workshop and studios. Their house puts interests beneath values, a prompt to stay, as Part 1 says, “clear-eyed about the role of power” when the subject is culture.

The House That Hayek Built - imageSource: quaker.org.uk · Creative Commons (NEON)

✳ This definition was drafted with AI assistance from the cited source, and reviewed before publishing. See Rights.

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