Neoliberalism’s legal framing unified economists and corporate managers

Evidence

Two aspects distinguished the CIRL from other economic circles that had sprung up in the interwar period. First, it recruited equally among academic economists (Louis Baudin, Gaëtan Pirou, Charles Rist, etc.) and important corporate managers (Auguste Detoeuf, Louis Marlio, Ernest Mercier, etc.). These two groups had been competing throughout the 1930s to establish what should be sanctioned as the legitimate approach to economic problems. To the extent that it gave prominence to legal issues, neoliberalism could convince both economists, who at that time were trained and taught in law faculties, and managers, who promoted industrial rationalization and the building of a legal order in which reasonable planning would be possible. — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 282

Categorization

  • XREF: Echoes the ordoliberal ‘economic constitution’ idea central to Freiburg school thinking that resurfaces in the Mont Pèlerin Society. — connects to: Neoliberal-corporate relations defy both independence and instrumentality framings — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 31; The economics profession and the Neoliberal Thought Collective symbiotically keep the financial system unaltered — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 674; Neoliberalism operates from a unified playbook despite surface variation — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 917 (+2 more)
  • corroborated: 2 independent passages support this claim — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 282

Broader Connections