Among the most important of these is the Ordoliberals’ deep appreciation of the state’s role in facilitating competition and the Chicago School’s development of the theory of human capital. The Ordoliberals, according to Foucault, also provide more latitude for state governance of the social, for protecting “warm moral and cultural values” antithetical to the “cold mechanism of competition.”

Wendy Brown, Undoing the Demos, loc. 102