The MPS was created in Fall 1947 at a conference organized by Friedrich Hayek during the International Trade Organization (ITO) drama of that year. As ITO delegates met in Geneva, Switzerland, to draft the world trade charter, another group of intellectuals convened at the opposite end of the lake at the base of Mont Pèlerin. Taking their name from the location, the Mont Pèlerin Society was formally established on April 10, 1947.[5][7]
It was originally to be named the Acton-Tocqueville Society. Frank Knight protested against naming the group after two "Roman Catholic aristocrats," and Ludwig von Mises expressed concern that the mistakes made by Acton and Tocqueville would be connected with the society.[7]
In its "Statement of Aims" on April 8, 1947, the scholars were worried about the dangers faced by civilization, stating:
Over large stretches of the Earth's surface the essential conditions of human dignity and freedom have already disappeared. In others they are under constant menace from the development of current tendencies of policy. The position of the individual and the voluntary group are progressively undermined by extensions of arbitrary power. Even that most precious possession of Western Man, freedom of thought and expression, is threatened by the spread of creeds which, claiming the privilege of tolerance when in the position of a minority, seek only to establish a position of power in which they can suppress and obliterate all views but their own.[8]
The group also stated that it is "difficult to imagine a society in which freedom may be effectively preserved" without the "diffused power and initiative" associated with "private property and the competitive market" and found it desirable inter alia to study the following matters:[8]
The analysis and exploration of the nature of the present crisis so as to bring home to others its essential moral and economic origins.
The redefinition of the functions of the state so as to distinguish more clearly between the totalitarian and the liberal order.
Methods of re-establishing the rule of law and of assuring its development in such manner that individuals and groups are not in a position to encroach upon the freedom of others and private rights are not allowed to become a basis of predatory power.
The possibility of establishing minimum standards by means not inimical to initiative and functioning of the market.
Methods of combating the misuse of history for the furtherance of creeds hostile to liberty.
The problem of the creation of an international order conducive to the safeguarding of peace and liberty and permitting the establishment of harmonious international economic relations.[8]
The group "seeks to establish no meticulous and hampering orthodoxy", "conduct propaganda" or align with some party. It aims to facilitate "the exchange of views [...] to contribute to the preservation and improvement of the free society."[8]
In 1947, 39 scholars, mostly economists with some historians and philosophers, were invited by Friedrich Hayek to meet to discuss the state and possible fate of classical liberalism, his goal being an organization which would resist interventionism and promote his conception of classical liberalism.[10] The first meeting took place in the Hotel du Parc in the Swiss village of Mont Pèlerin, near the city of Vevey, Switzerland.
William Rappard, a Swiss academic, diplomat and founder of the Graduate Institute of International Studies, addressed the society's inaugural meeting. In his "Opening Address to a Conference at Mont Pelerin",[14] Hayek mentioned "two men with whom I had most fully discussed the plan for this meeting both have not lived to see its realisation", namely Henry Simons (who trained Milton Friedman, a future president of the MPS, at the University of Chicago) and John Clapham, a British economic historian.
The MPS aimed to "facilitate an exchange of ideas between like-minded scholars in the hope of strengthening the principles and practice of a free society and to study the workings, virtues, and defects of market-oriented economic systems". The MPS has continued to meet regularly, the General Meeting every two years and the regional meetings annually. The MPS has close ties to the network of think tanks sponsored in part by the Atlas Economic Research Foundation.[15]
Influence
Hayek stressed that the society was to be a scholarly community arguing against collectivism while not engaging in public relations or propaganda. The society has become part of an international think tank movement and Hayek used it as a forum to encourage members such as Antony Fisher to pursue the think tank route. Fisher has established the Institute of Economic Affairs (IEA) in London during 1955, the Manhattan Institute for Policy Research in New York City in 1977 and the Atlas Economic Research Foundation in 1981. Now known as the Atlas Network, they support a wide network of think tanks, including the Fraser Institute.[16]
In 2018, the Swiss blockchain banking Fintech company Mt Pelerin has named itself after the Mont Pelerin Society as an homage to the values that the organization advocates.[22][third-party source needed]
Past presidents
Numerous notable economic/political theorists have served as president of the MPS:[23]
^Mirowski & Plehwe 2009, p. 5: "The Mont Pèlerin Society and related networks of neoliberal partisan think tanks can serve as a directory of organized neoliberalism"
^ abSlobodian, Quinn (2018). Globalists: The End of Empire and the Rise of Neoliberalism. Harvard University Press. p. 126. ISBN978-0674979529. Archived from the original on July 3, 2023. Retrieved July 1, 2023. The postwar neoliberal movement was born in the midst of the ITO drama, and some of its members played a starring role in it. As delegates met in Geneva in the spring of 1947 to draft the world trade charter, a group of intellectuals gathered at the other end of the lake at the base of Mont Pèlerin. Taking their name from the location, the Mont Pèlerin Society (MPS) became the germ of what its organizer Hayek called 'the neoliberal movement.'
^Biebricher, Thomas (2018). The Political Theory of Neoliberalism. Stanford University Press. p. 13. ISBN9781503607835. Archived from the original on July 3, 2023. Retrieved July 3, 2023. It took almost a decade after the Colloque [Walter Lippmann] for a similar meeting to take place —the second birth of neoliberalism, if you will— in April 1947, when sixty participants gathered in Switzerland to form the Mont Pelerin Society (MPS), which, to this day, is considered to represent a 'neoliberal international'
^Mirowski & Plehwe 2009, pp. 448-9, note 20: "See, for instance, www.atlasusa.org, which describes how the Atlas Economic Research Foundation was founded in 1981 by Antony Fisher to assist others in establishing neoliberal think tanks in their own geographic locations. It claims to have had a role in founding a third of all world "market-oriented" think tanks, including the Fraser Institute (Canada), the Center for the Dissemination of Economic Information (Venezuela), the Free Market Center (Belgrade), the Liberty Institute (Romania), and Unirule (Beijing)"
^Offer, Avner; Söderberg, Gabriel (2016). The Nobel Factor: The Prize in Economics, Social Democracy, and the Market Turn (1st ed.). Princeton University Press. pp. 104–05.
Philip Plickert (2008). Wandlungen des Neoliberalismus. Eine Studie zu Entwicklung und Ausstrahlung der Mont Pèlerin Society | Changes in Neoliberalism: A Study on the Development and Charisma of the Mont Pèlerin Society. Stuttgart: Lucius & Lucius. ISBN978-3828204416. OCLC243450906. Preview.
Quinn Slobodian (2018). Globalists: The End of Empire and the Rise of Neoliberalism. Harvard University Press. ISBN978-0674979529. The postwar neoliberal movement was born in the midst of the ITO drama, and some of its members played a starring role in it. As delegates met in Geneva in the spring of 1947 to draft the world trade charter, a group of intellectuals gathered at the other end of the lake at the base of Mont Pèlerin. Taking their name from the location, the Mont Pèlerin Society (MPS) became the germ of what its organizer Hayek called 'the neoliberal movement.'