State intervention made capitalist exploitation political and thereby threatened capitalism itself

Evidence

All these processes made capitalist exploitation—once impersonal—overtly political, exposing it to public scrutiny and resistance. The state thus triggered an unexpected and potentially fatal crisis for the economic system it was paradoxically trying to protect. — Clara E. Mattei, Escape from Capitalism, 173

Categorization

  • DEEPTHINKING: The self-defeating character of capitalist-state intervention: protecting the system by dissolving the naturalization it depends on.
  • XREF: Connects to reader’s core task of tracing austerity’s logic as class discipline across cases. — connects to: The 1973 crisis began a new capitalism immune to state steering and proletarian challenge — Martin Jay, The Dialectical Imagination: A History…, 18; The Institute viewed the Soviet economy as a variant of state capitalism — Martin Jay, The Dialectical Imagination: A History…, 483; A crisis-free state capitalism would trap humanity in permanent hopelessness — Rolf Wiggershaus, The Frankfurt School: Its History,…, 1171 (+21 more)