Monopoly capitalism requires totalitarian control of contract, labor, and credit to survive.

Evidence

If totalitarian political power had not abolished freedom of contract, the cartel system would have broken down. If the labor market were not controlled by authoritarian means, the monopolistic system would be endangered; if raw material, supply, price control, and rationalization agencies, credit and exchange-control offices were in the hands of forces hostile to monopolies, the profit system would break down. — Rolf Wiggershaus, The Frankfurt School, 309

Categorization

  • DEEPTHINKING: Neumann’s counterintuitive causal inversion — dictatorship is the functional precondition of the monopolized economy, not its byproduct.
  • XREF: Mirrors Adorno’s reading of Pollock’s state-capitalism thesis and Neumann’s own Behemoth argument.