Pollock saw state capitalist intervention as a promising new stage already by 1933

Evidence

In 1933, in his article Remarks on the Economic Crisis', Pollock had given a very sketchy account of the events in Italy, Germany and the USA, describing them as a new stage of “state capitalist” intervention’, and he conceded that the prospects for a capitalist planned economy would be good. — Rolf Wiggershaus, The Frankfurt School, 1156

Categorization

  • XREF: Connects to later Frankfurt School debates grounding state capitalism theory; also resonates with Milgrom’s institutional analysis of how institutions substitute for markets. — connects to: Pollock saw capitalist planned economy as viable as socialism by 1930s — Rolf Wiggershaus, The Frankfurt School: Its History,…, 484; Pollock likened Roosevelt’s New Deal to European state-capitalist dictatorship in 1933. — Rolf Wiggershaus, The Frankfurt School: Its History,…, 598; Pollock predicted Western democracies would adopt state-directed capitalism — Martin Jay, The Dialectical Imagination: A History…, 484 (+3 more)
  • corroborated: 2 independent passages support this claim — Rolf Wiggershaus, The Frankfurt School: Its History,…, 1156

Broader Connections