At the end of the 1940s, one can roughly describe the dominant position on unions within the MPS as entertaining a not unfriendly stance toward them. At the outset, many MPS members were willing to argue that valuable cooperative arrangements between trade unions and employers existed elsewhere, particularly in Europe. From their experience, it seemed that labor leaders could come to understand the ways that their own interests converged with those of their employers. Besides, it could be argued that a nationally centralized wage-bargaining process resulted in certain political benefits for the capitalist class. This faction argued that the unions’ open-minded attitude might permit some form of inclusion in the conduct of the enterprise, at least in several specific areas such as social policy.

Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, loc. 957