Totalitarian Capitalism

In The Origins of Totalitarianism, Hannah Arendt distinguishes totalitarianism form the more familiar forms of tyranny known to us as dictatorships. Totalitarianism is a term reserved for Nazism and Bolshevism, as seen under Hitler's Germany and Stalin's Soviet Union. Arendt stresses that totalitarianism is not to be confused with fascism, and points out that the Nazis themselves were keen to distinguish Nazism from fascism, and looked down with contempt on Mussolini's fascist Italy. While dictatorships have often been driven by totalitarian movements, once they acquire power they seize the power structure of the state. By the very maneuver with which they seemingly take on complete control they straight-jacket themselves; dictatorships are characterized by a complete takeover by the state, but also a containment within the state. They satisfy themselves with the bureaucratic confines and enter into a state of equilibrium. The totalitarian drive is extinguished. Conventional dictatorships are not unfamiliar, and while they are oppressive and brutal, the Western world has never been adverse to dealing with them. Operating as they do within the state structure they offer a degree of stability and predictability1.

Totalitarianism, by contrast, is what happens when the movement is not contented and extinguished by the state but refuses the structure of the state altogether; it occurs when the movement refuses any structure at all.