The liberal political theorist Michael Ignatieff expressed this vision clearly in 2001 when he argued that the civil and political rights of a 'capitalist rights tradition' are 'the most we can hope for'. And Hayek's student, the international trade lawyer Ernst-Ulrich Petersmann, defended it most emphatically when he argued for the interdependence of human rights and international trade law. Eight years before the WTO embraced the idea of a mutual relation between human rights and competitive markets, Petersmann argued that the globalisation of human rights relies on the open markets, prohibition of economic discrimination and 'welfare-enhancing division of labour' enforced by the WTO, while human rights promote economic integration by 'protecting personal autonomy, legal and social security, peaceful change, individual savings, investments, production and mutually beneficial transactions across frontiers'.

Jessica Whyte, The Morals of the Market, loc. 57