Indeed, Kristol saw the emerging critique of capitalism not as progressive, as it claimed to be, but rather as “utterly regressive,” adopting the logic of the Old Right that "never did accept the liberalbourgeois revolutions of the 18th and 19th centuries." The members of the Mont Pèlerin Society were using the presuppositions of modernity to argue against a critique that rejected modernity itself.

Angus Burgin, The Great Persuasion, loc. 531