{"id":627574,"date":"2018-06-05T04:12:34","date_gmt":"2018-06-05T04:12:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/05\/embracing-authoritarianism-is-an-expected-reflex-to-the-cruelty-of-free-markets\/"},"modified":"2018-06-05T04:12:34","modified_gmt":"2018-06-05T04:12:34","slug":"embracing-authoritarianism-is-an-expected-reflex-to-the-cruelty-of-free-markets","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/05\/embracing-authoritarianism-is-an-expected-reflex-to-the-cruelty-of-free-markets\/","title":{"rendered":"Embracing authoritarianism is an expected reflex to the cruelty of free markets"},"content":{"rendered":"

The embrace of authoritarianism is an expected reflex reaction to the cruelty of free markets.<\/strong> At least that\u2019s what Brandeis University professor Robert Kuttner postulates in his book, \u201cCan Democracy Survive Global Capitalism?\u201d Caleb Crain writes for the New Yorker<\/a>. Kuttner\u2019s argument is grounded in Hungarian intellectual Karl Polanyi\u2019s theory from the 1930s that essentially argues that capital markets can be \u201ccruel\u201d and inflict enough pain on workers to push them towards embracing fascism in hopes of cutting out the negative elements of capitalism.<\/p>\n

Choosing fascism? <\/strong>\u201cIn Polanyi\u2019s opinion, whenever the profit-making impulse becomes deadlocked with the need to shield people from its harmful side effects, voters are tempted by the \u2018fascist solution\u2019: reconcile profit and security by forfeiting civic freedom.\u201d While contemporary politics are similar to those of Polanyi\u2019s time in some aspects, Kuttner says \u201ctoday\u2019s political impasse is different from that of the nineteen-thirties. It is being caused not by a stalemate between leftist governments and a reactionary business sector but by leftists in<\/i> government who have reneged on their principles.\u201d This distress, Kuttner says, is setting the stage for renewed vulnerability to the fascist solution.<\/p>\n","protected":false},"excerpt":{"rendered":"

The embrace of authoritarianism is an expected reflex reaction to the cruelty of free markets. At least that\u2019s what Brandeis University professor Robert Kuttner postulates in his book, \u201cCan Democracy Survive Global Capitalism?\u201d Caleb Crain writes for the New Yorker. Kuttner\u2019s argument is grounded in Hungarian intellectual Karl Polanyi\u2019s theory from the 1930s that essentially […]<\/p>\n","protected":false},"author":1,"featured_media":627575,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9003],"tags":[72,2397],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-worth-reading","tag-enterpriseam","tag-worth-reading","wpautop","entry"],"acf":{"mongo_id":"657bf284-e366-45ef-aedc-f523f08ec167","order":"0","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2018\/6\/73.jpg","photo_position":"above","related_issue":[627550],"teaser":"","voice_url":""},"yoast_head":"\nEmbracing authoritarianism is an expected reflex to the cruelty of free markets - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/05\/embracing-authoritarianism-is-an-expected-reflex-to-the-cruelty-of-free-markets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Embracing authoritarianism is an expected reflex to the cruelty of free markets\" \/>\n<meta property=\"og:description\" content=\"The embrace of authoritarianism is an expected reflex reaction to the cruelty of free markets. At least that\u2019s what Brandeis University professor Robert Kuttner postulates in his book, \u201cCan Democracy Survive Global Capitalism?\u201d Caleb Crain writes for the New Yorker. 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