Keynesianism converted interwar resistance to finance into postwar stability.

Evidence

It should be remembered that Keynesianism was, for all intents and purposes, a means by which the state translated the class antagonisms of resistance to finance capital of the 1920s and 1930s into the stability of the post-war “compromise” of the 1950s and 1960s (Cleaver 2005). — Max Haiven, Cultures of Financialization, 511

Categorization

• XREF: Connects to the broader historical claim that resistance is absorbed and channeled by the state — parallels the fate of anti-finance movements discussed elsewhere. — connects to: Keynes declared in 1924 that laissez-faire was coming to an end — Angus Burgin, The Great Persuasion: Reinventing Free…, 10; Interwar elites framed fiscal contraction as the individual duty of recovery — Clara E. Mattei, The Capital Order: How Economists…, 821
• QUESTION: Follow Cleaver reference — refined mechanism for how state Keynesianism co-opted class struggle against finance capital.