Bank-crisis exposure predicted later pogroms and deportations of Jews.
Evidence
As the fate of German Jews worsened after 1933, towns and cities more aïŹected by the ïŹnancial turmoil of 1931 engaged in more persecution. Higher pre-crisis Danatbank exposure is associated with more frequent attacks on synagogues during the Kristallnacht pogroms in 1938, more anti-Semitic letters sent to a far-right Nazi newspaper, and higher post-1933 deportation rates of Jews. â Sebastian Doerr et al., Financial Crises and PoliticalâŠ, 30
Categorization
- XREF: connects to: Bank-failure exposure predicts later anti-Semitic persecution across German cities. â Sebastian Doerr et al., Financial Crises and PoliticalâŠ, 278; Economic precarity of the lower middle class fueled sudden antisemitism â Hannah Arendt, The Origins of Totalitarianism, 141; Growing national credit pools displaced the Jewsâ exclusive financial role â Hannah Arendt, The Origins of Totalitarianism, 101 (+14 more)
Broader Connections
- Bank-failure exposure predicts later anti-Semitic persecution across German cities.
#corroborates(0.97) â Sebastian Doerr et al., Financial Crises and PoliticalâŠ, 278 - The bank crisis radicalized voters beyond what income losses alone can explain
#expands(0.90) â Sebastian Doerr et al., Financial Crises and PoliticalâŠ, 109 - Anti-Semitic cultural context magnified the Danat crisisâs radicalizing effect
#corroborates(0.88) â Sebastian Doerr et al., Financial Crises and PoliticalâŠ, 151 - Financial distress and cultural anti-Semitism interacted to spread radicalization.
#expands(0.86) â Sebastian Doerr et al., Financial Crises and PoliticalâŠ, 28 - The crisis could boost Nazis through economic misery or through Jewish scapegoating propaganda.
#expands(0.84) â Sebastian Doerr et al., Financial Crises and PoliticalâŠ, 106 - Falling local incomes from the banking crisis raised Nazi vote share substantially
#corroborates(0.83) â Sebastian Doerr et al., Financial Crises and PoliticalâŠ, 107 - Jews were scapegoated in financial scandals they only mediated
#exemplifies(0.82) â Hannah Arendt, The Origins of Totalitarianism, 140 - Jewish banking ties to state loans turned class resentment into political antisemitism
#expands(0.80) - Crisis-time scapegoating of religious out-groups masks political and economic causes
#expands(0.79) - Jewsâ state-loan role fused lower-middle-class resentment with politics
#expands(0.79) â Hannah Arendt, The Origins of Totalitarianism, 145 - Economic precarity of the lower middle class fueled sudden antisemitism
#qualifies(0.78) â Hannah Arendt, The Origins of Totalitarianism, 141 - Blame for the 2008 crisis was displaced from banks onto borrowers
#exemplifies(0.77) - The scandal made visible state-corporate interpenetration and Jewish intermediation
#expands(0.76) â Hannah Arendt, The Origins of Totalitarianism, 291 - Growing national credit pools displaced the Jewsâ exclusive financial role
#expands(0.75) â Hannah Arendt, The Origins of Totalitarianism, 101 - Antisemitism peaked after Jews had already lost economic influence
#complicates(0.75)