Neumann argued a crisis-free capitalism was conceptually impossible

Evidence

Neumann’s efforts in Behemoth to expose the concept of state capitalism as a contradiction in terms ran in the same direction, since they aimed to demonstrate that a crisis-free form of capitalism was inconceivable. — Rolf Wiggershaus, The Frankfurt School, 306

Categorization

• XREF: Links to Neumann’s Behemoth and the Institute’s state-capitalism controversy.