The mob-capital alliance abolished the operation of mere profitability
Evidence
This led eventually to the abolition of the law of mere profitableness and South Africa became the first example of a phenomenon that occurs whenever the mob becomes the dominant factor in the alliance between mob and capital. — Hannah Arendt, The Origins of Totalitarianism, 525
Categorization
Category: Definitional Content
- DEFINE: Defines the ‘mob and capital’ alliance as the structural driver behind South Africa’s economically irrational race society — a concept to carry forward.
Related
- Imperialism abandoned egalitarian capitalist tendencies once specific investments were safe. (similarity 0.83)
- Race ideology overrides rational profit calculations in South African economy (similarity 0.81)
Broader Connections
- Totalitarian politics eclipsed imperial profiteering through purposeless efficiency
#complicates(0.80) — Hannah Arendt, The Origins of Totalitarianism, 561