After fleeing Hitler, brilliant Jewish economist Karl Polanyi was never welcomed by the British. Now, for the first time in 80 years, his masterwork The Great Transformation has been be published in the UK
Polanyi had observed that, in the 1930s, wealthy Germans who saw the Nazi party as a “battering ram” against trade unions and socialists were persuaded to overlook Hitler’s antisemitism because it allowed the market system to flourish, Dale said. “In the same way that a lot of Americans who find Trump distasteful today will still vote for him, a lot of German elites said to themselves: we’re quite happy funding Hitler because his street fighters will help crush the trade unions, so that we can make more profits.”
They got the metaphor wrong. Billionaires see Trump as a battering ram to break what remains of the US social support system and claim victory over the ashes.
Capitalist oligarchs want a system based on having money to pay for education, health care, childcare, etc. Each part of our lives will have a price tag and only the rich will be free to live as they want - the rest of us are tied to their decisions and will accept the scraps given to us.
Part of their plan is to dismantle the education system and make everyone too stupid to know how we lived and how much we are being abused.
Its working. My daughter is a teacher now and it seems like they don’t want kids to read. Far to worried about getting sued for giving bad grades.
Oh, wow, another book for the reading list :O
Am surprised that I genuinely hadn’t heard of him, just highlights the point the article is making.
Everyone’s suddenly an expert here. Nobody has read the book past the title.
Hitler’s antisemitism because it allowed the market system to flourish, Dale said. “In the same way that a lot of Americans who find Trump distasteful today will still vote for him, a lot of German elites said to themselves: we’re quite happy funding Hitler because his street fighters will help crush the trade unions, so that we can make more profits.”
