Paradoxically, arm's-length-type market relations gave rise to managerialism and planning in the United States. [fact]
The rise of the German-language literature on the entrepreneurship topic (Unternehmertum) during the 1970s and 1980s was arguably due to the challenges emanating from institutional restrictions like co-determination and corporatist arrangements. Paradoxically, arm's-length-type market relations gave rise to managerialism and planning in the United States, whereas institutions of coordinated capitalism generated a strong sensibility for the role and relevance of entrepreneurs.
Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, loc. 308