French planners sought a rationalized capitalism rather than socialism or old liberalism.
Evidence
But discrediting liberalism did not mean that socialism was to be defended. The activist policy pursued by the authorities and the search for growth and full employment were used as mandates: âproduction and productivity, therefore equipment and modernization.â Thus, the Plan Monnet (1947â1952) was the example to be followed because it âwas not a bureaucratic work.â The goal was to substitute the old discredited liberalism with a rationalized capitalism: âFrench planning [was] the search for a middle way reconciling the attachment to freedom and individual initiative with a common orientation of development.â â Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 296
Categorization
- DEFINE: Defines French ârationalized capitalismâ as a middle way reconciling individual initiative with a common development orientation.
- corroborated: 2 independent passages support this claim â Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The MakingâŚ, 296
- XREF: connects to: Rougier attacked the French Revolutionâs rationalism as leading logically to socialism. â Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 63