December 1st, 2025
OUR READING CIRCLE IS BACK IN SESSION
We, the International Karl Polanyi Society (IKPS), the Institute for Spatial and Social-Ecological Transformations (ISSET) and the Institute for Law and Governance cordially invite you to join our reading circle on “Socioeconomics and Law.”
This reading circle will serve as a preparatory event for an upcoming international conference, titled “Socioeconomics and Law – The conditions of the authoritarian turn yesterday and today” that is set to take place in Vienna from May 24th to 26th 2027. At this conference and in the lead-up to this conference, we aim to engage in discussions about alternatives to the current radicalization of neoliberal thought, particularly its alignment with non-democratic and non-liberal political and legal ideologies.
After the first round of the reading circle that focused on Wendy Brown’s (2019) “In the Ruins of Neoliberalism”, the upcoming sessions will deal with texts by Friedrich Hayek and Carl Schmitt, diving into their understanding of freedom and democracy, of the state and markets and of fascism and liberalism.
The sessions will take place at Vienna University of Economics and Business (WU) on the following dates from 5pm – 6.30pm CEST:
- Tue, December 09th, 2025, 5pm-6.30pm, WU, Building AD.0.090 (Sitzungssaal 6):
The Road to Serfdom by Friedrich Hayek (Introduction, Chapter 1 and 2) - Thu, January 15th, 2026, 5pm-6.30pm:
The Constitution of Liberty by Friedrich Hayek (Chapter 16) - Wed, February 25th, 2026, 5pm-6.30pm:
Texts by and about Carl Schmitt (details will be shared soon)
To enable international participation there is also the possibility to participate in a hybrid mode. Please register via e-mail for a link to participate online.
We are looking forward to your participation and to an exciting exchange!
Andreas Novy, Verena Madner and Stefan Mayr
As additional introductory texts for the reading circle we recommend:
The new blog of the IKPS on Fascism and Liberalism: Yesterday and Today criticizes the deeply ingrained belief that economic liberalism is conducive to democracy.
Furthermore, Andreas Novy highlights – based on Wendy Brown – the role of markets and morals in Hayek’s work: Markets and Morals: The Reactionary Right’s Ideological Core.





