Financial distress and cultural anti-Semitism interacted to spread radicalization.

Evidence

The link between pre-existing anti-Semitism and the effect of the financial crisis on Nazi voting points to an important synergy between cultural and economic factors. These results are consistent with the Nazis’ hate message ā€œsellingā€ more easily in places where a history of anti-Semitism coincided with real suffering induced by financial distress. — Sebastian Doerr et al., Financial Crises and Political…, 28

Categorization

  • XREF: connects to: Prior anti-Semitism roughly doubled the radicalizing effect of bank distress. — Sebastian Doerr et al., Financial Crises and Political…, 27; Bank-crisis exposure predicted later pogroms and deportations of Jews. — Sebastian Doerr et al., Financial Crises and Political…, 30; Anti-Semitic cultural context magnified the Danat crisis’s radicalizing effect — Sebastian Doerr et al., Financial Crises and Political…, 151 (+7 more)

Broader Connections