Hensel proposed equalizing property rights with labor power rights inside enterprises

Evidence

Thus, Hensel prognosticated that neoliberals might make use of this industrial labor constitution to abolish existing ”… one-sided prerogatives” and to equalize ”… the rights derived from property in material goods with those derived from the working power within an industrial enterprise” (Hensel 1949, 13); but also to institutionalize the claims of the laboring partners to the net income (Hensel 1949, 16) and the selection of managers (Hensel 1949, 17). — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 960

Categorization

• XREF: This deeply pro-labor equalization proposal from an ordoliberal complicates the received picture of early neoliberalism; connects to my broader neoliberalism-historiography reading. — connects to: Capitalist rationalization attempts to co-opt worker militancy through co-operative management schemes; Workers’ self-governance sought to abolish the wage relationship and production for profit — Clara E. Mattei, Escape from Capitalism: An Intervention, 186
• QUESTION: Hensel’s language about equalizing property rights with working power is striking — is this an outlier position within ordoliberalism or representative? Worth checking against other ordoliberal texts.

Broader Connections

• Workers’ self-governance sought to abolish the wage relationship and production for profit #expands (0.80) — Clara E. Mattei, Escape from Capitalism, 186
• Capitalist rationalization attempts to co-opt worker militancy through co-operative management schemes #qualifies (0.78)