The 1919 crisis broke capitalism’s claimed boundary between economic and political spheres

Evidence

States had disrupted their neutral positions with respect to the market, and in doing so they broke with earlier notions of the market’s inviolability. Once the traditional boundary between the economic and the political faltered, the rule of private property and wage relations toppled: popular contestation of old norms emerged more than ever. In 1919 this crisis of capitalism was on, and it was unprecedented. — Clara E. Mattei, The Capital Order, 110

Categorization

• XREF: connects to: The 1919 Housing Act first made British state housing a political obligation — Clara E. Mattei, The Capital Order: How Economists…, 288; Workers’ control of industry climaxed as a core demand in 1919-1920 — Clara E. Mattei, The Capital Order: How Economists…, 382; Interwar economic crisis was politically imposed, not merely financial — Clara E. Mattei, The Capital Order: How Economists…, 110 (+4 more)

Broader Connections

• World War I collapsed the economic-political divide and exposed markets’ inadequacy #corroborates (0.85) — Clara E. Mattei, The Capital Order, 104
• World War I dissolved the public-private boundary that protected capitalist property #corroborates (0.82) — Quinn Slobodian, Globalists, 112
• Capitalism’s 1918-20 crisis triggered austerity as a counterrevolutionary reaction. #expands (0.80) — Clara E. Mattei, The Capital Order, 115
• State control of labor made capitalist surplus extraction explicitly political during the war #corroborates (0.75) — Clara E. Mattei, The Capital Order, 186