Weimar’s hybrid socialist-capitalist system collapsed when economic crisis struck

Evidence

Probably thanks to intervention by Laski, the leading theoretician of the Labour Party, who at that time was still thinking in Marxist terms, Neumann was awarded a grant from the London School of Economics and financial support from Jewish organizations. He went to England as a failed reformist and legalist. In his first exile publication, an article on The Decay of German Democracy', which appeared in the Political Quarterly at the end of 1933, he diagnosed the situation: The system had been set up on the ground between socialism and capitalism, and could only survive so long as economic crisis did not intervene.’ — Rolf Wiggershaus, The Frankfurt School, 928

Categorization

• XREF: Neumann’s diagnosis of Weimar as a crisis-vulnerable middle ground parallels the crisis-theory arguments standard in Frankfurt School readings of fascism. — connects to: Weimar’s compromise order collapsed once economic crisis intervened — Rolf Wiggershaus, The Frankfurt School: Its History,…, 928; Austerity in Weimar Germany crippled labor and enabled Nazi takeover — Clara E. Mattei, Escape from Capitalism, 234; Weimar hyperinflation ended quickly and was succeeded by austerity-triggered collapse. — Mark Blyth, Austerity: The History of a Dangerous…, 527 (+1 more)

Broader Connections

• Austerity in Weimar Germany crippled labor and enabled Nazi takeover #expands (0.80) — Clara E. Mattei, Escape from Capitalism, 234
• Weimar hyperinflation ended quickly and was succeeded by austerity-triggered collapse. #expands (0.75) — Mark Blyth, Austerity, 527
• The collapse of class parties after WWI opened the way for totalitarian movements #qualifies (0.75) — Hannah Arendt, The Origins of Totalitarianism, 653