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5 - Righting Markets

Published online by Cambridge University Press:  16 January 2024

Umut Özsu
Affiliation:
Carleton University, Ottawa
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Summary

This chapter focuses on the debates about development, human rights, and ‘basic needs’ that defined much of the push to craft a decolonized international law during the late 1970s and early 1980s. In particular, it considers the emergence of the international right to development, and the relation between international human rights and poverty-reduction strategies like the ‘basic needs’ approach in New International Economic Order-related discussions, against the background of the rise of neoliberalism and organized human rights movements during the 1970s and early 1980s. It does so partly through a close reading of the two reports produced by the ‘North-South Commission’ chaired by former West German Chancellor Willy Brandt. Despite its overarching commitment to a renewed form of ‘global Keynesianism’, the Brandt Commission expounded a broadly rights-friendly approach to development that absorbed many of the neoliberal assumptions then on the rise. When US President Ronald Reagan and British Prime Minister Margaret Thatcher dismissed the Brandt Commission’s recommendations at the ‘North-South Summit’, held in Cancún in October 1981, the moment signalled the end of the struggle to cultivate an international law of development that would live up to the ideal of an international law of decolonization.

Type
Chapter
Information
Completing Humanity
The International Law of Decolonization, 1960–82
, pp. 199 - 239
Publisher: Cambridge University Press
Print publication year: 2023

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  • Righting Markets
  • Umut Özsu, Carleton University, Ottawa
  • Book: Completing Humanity
  • Online publication: 16 January 2024
  • Chapter DOI: https://doi.org/10.1017/9781108566230.008
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To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

  • Righting Markets
  • Umut Özsu, Carleton University, Ottawa
  • Book: Completing Humanity
  • Online publication: 16 January 2024
  • Chapter DOI: https://doi.org/10.1017/9781108566230.008
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Righting Markets
  • Umut Özsu, Carleton University, Ottawa
  • Book: Completing Humanity
  • Online publication: 16 January 2024
  • Chapter DOI: https://doi.org/10.1017/9781108566230.008
Available formats
×