Competing state-capitalist blocs destabilized the global economy and caused World War II.

Evidence

The destabilizing consequences of these simultaneous state-capitalist attempts to carve up the global economy precipitated the Second World War and the final destruction of the old European order. — Alex Callinicos, Against Postmodernism, 521

Categorization

  • XREF: connects to: Large-scale merchant capitalism depended on state finance tied to war. — Cedric J. Robinson, Black Marxism_ The Making of the Black…, 1515; Economic globalization undermines the nation as a coherent framework, fueling closed nationalist reactions — David Theo Goldberg, John Solomos, A Companion to Racial and Ethnic Studies, 3167; Economic collapse destroyed social fabric and private life before Nazism’s rise — Sarah Bakewell, At the Existentialist CafĂ©: Freedom,…, 253 (+3 more)

Broader Connections