Hayek rejected capital-labor collaboration as monopoly-promoting

Evidence

The neoliberal version of a calculated companionship of mutual interest and integration between unions and employers had been dominant inside MPS circles since the end of 1940s. However, a few key MPS members refused to consider any such alliance as the correct attitude of a refurbished liberalism. Since 1944 Hayek, for example, strongly criticized a “deliberate collaboration between organized capital and organized labor” because it would be conducive to the growth of monopolies and detrimental for the larger community (Hayek 1993 , 148). — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 966

Categorization

• XREF: Connects to the familiar picture of postwar social partnership / tripartite corporatism that neoliberalism was defined against. — connects to: Hayek viewed strong intellectual property rights as pernicious legal monopolies. — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 176; Hayek and Mises pragmatically supported Germany’s social market economy despite theoretical objections — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 516; Austrian economics redirected antitrust critique from firm monopoly to state and union restrictions — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 280

Broader Connections

• Austrian economics redirected antitrust critique from firm monopoly to state and union restrictions #expands (0.78) — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 280