Following the Liberation, the question was no longer one of choosing between liberalism and state intervention: only the methods of interventionism remained to be determined. The structural reforms endowed the state with a powerful means of intervention (nationalization of the credit system, energy, transportation); moreover, trade unions now played a significant role, and regulations were pervasive. Nevertheless, the market economy was preserved.

Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, loc. 295