Jamal Awil

← The Road from Mont Pèlerin

Thus, Hensel prognosticated that neoliberals might make use of this industrial labor constitution. [fact]

Thus, Hensel prognosticated that neoliberals might make use of this industrial labor constitution to abolish existing ". . . one-sided prerogatives" and to equalize ". . . the rights derived from property in material goods with those derived from the working power within an industrial enterprise" (Hensel 1949, 13); but also to institutionalize the claims of the laboring partners to the net income (Hensel 1949, 16) and the selection of managers (Hensel 1949, 17).

Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, loc. 960