PoliEdPod 4: Reading Alfred Sohn-Rethel on Fascism, Today
Aug 8, 2023
auto_awesome
Discussion on how Marxist theory understands modern history, exploring the economic origins of fascism, the concept of artificial effective demand in the market, the rise of fascism and its relationship with capitalism, the impact of the Great Depression on fascism, downward mobility and its ramifications, and common characteristics of fascism.
The rise of fascism in 20th century Europe was driven by economic factors, such as bankrupt industrialists seeking to protect their profits and preserve native capitalism.
Armament production serves as an economic necessity for capitalism during times of crisis, allowing the ruling class to extract profit from the working class and maintain their position.
Deep dives
The Economic Necessities that Drove the Nazis into Power
The Nazis came to power not out of sheer political will, but as an effect of underlying economic causes. The material we're drawing on suggests that the rise of fascism and the success of fascism as a political entity were driven by the economic history of modern industrial capitalism. The Nazis emerged as a response to the economic crisis brought on by massive unemployment and the disintegration of the trade union movement. They formed a coalition of bankrupt industrialists, small business owners, and middle-class individuals who saw in the Nazis a way to protect their profits and preserve native capitalism. The class composition of the Nazis largely consisted of the petite bourgeoisie and middle strata who aligned
The Economic Necessity of Armament Production
One of the main ideas discussed in the podcast is the economic necessity of armament production for capitalism. In times of economic crises, armament production becomes a means for capitalism to reinvest its surplus and maintain profit. This allows the ruling class to extract profit from the working class and preserve their position. The podcast highlights how both Nazi Germany and the United States relied on armament production to overcome the Great Depression and stimulate their economies. Furthermore, it claims that war became a necessity for dominant economic powers during the 1930s, serving the interests of monopoly capitalism.
The Fascistic Economy and Contemporary Implications
Another key point discussed is the concept of a fascistic economy, which refers to a privately incorporated permanent war economy. The episode argues that this type of economy still exists today, where government deficit spending props up a market system that benefits capitalists and preserves their profits. It is suggested that the United States embodies a fascistic economy through its global hegemony, military involvement, and dollar hegemony. The podcast also touches on the role of the professional managerial class and its reaction to downward mobility, highlighting how it can contribute to a fascistic economy. The episode cautions against using the term 'fascism' too loosely, emphasizing the need for a nuanced understanding of the economic and historical factors at play.
The Class Unity Political Education Committee is proud to present a discussion exploring how Marxist theory understands modern history. To grasp the rise of fascism in 20th century Europe, we discuss and analyze Alfred Sohn-Rethel’s 1973 text, Economy and Class Structure of German Fascism. According to theorists like Sohn-Rethel and Michal Kalecki, the Nazi policy […]
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode