But discrediting liberalism did not mean that socialism was to be defended. The activist policy pursued by the authorities and the search for growth and full employment were used as mandates: “production and productivity, therefore equipment and modernization.” Thus, the Plan Monnet (1947–1952) was the example to be followed because it “was not a bureaucratic work.” The goal was to substitute the old discredited liberalism with a rationalized capitalism: “French planning [was] the search for a middle way reconciling the attachment to freedom and individual initiative with a common orientation of development.”

Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, loc. 296