/biz/ - Business & Finance

>>52911287

>>50616899
Where are you getting this information from? The only things they really nationalized were the railways, and they did that because they identified them as a strategic military asset. Anyone was free to start a business in Hitler's Germany, it was even encouraged, providing you weren't engaging in business or practices that were harmful to the people.

>>50281528
See >>50281185 It's a good book because a large amount of the sources used are primary German sources which are easy to suppress even if you do speak German and know what you're looking for. I'm honestly surprised more people haven't read it, especially considering a good third of it is a close look at German economics at the time.

>>49965280
I'm not in favor of capitalism, both it and communism are garbage and two sides of the same coin. I'm simply saying that without capitalist aid, communism would have been crushed by the nazis and the world would have been better for it.

>>49527017
Yes. Some people believe that economics should be secondary to the wellbeing of the people. National Socialism is a race / people focused ideology and their economic policies reflect that. NS differs from Fascism in that the people are the highest ideal, and the state, and thus the economy, is only a means to the end of ensuring the happiness of the people. NS economics is a combination of the work of Feder (who wrote his ideas before the NSDAP were formed, they were adopted by Hitler after he saw Feder speak, though (for reasons unknown to me at present) Feder was only placed in a fairly low position in the party), and the German people focused social politics of the NSDAP.

Their economy was much closer to capitalism than people would have you believe, though it was predicated on the fact that Jews had been expelled from all positions of influence in finance and the media, meaning malicious, profit seeking behavior was absent from the German economy, and the public weren't being manipulated psychologically by "Mammonistic" influences into believing they needed to buy a bunch of useless shit they didn't need. I don't recall any commercial business actually being nationalised by the NSDAP, I recall something about the railways being nationalized but I can't say for sure and if I'm remembering right is was because they (correctly) identified them as a military asset rather than public infrastructure. Anyone was free to start a business and profit, but excessive profit at the expense of the people (polluting, pedalling smut etc) was a nono, and rightly.

What's the point of high GDP if your people are miserable? Wealth doesn't exist in the ground, it requires the minds to invent the machinery to extract and produce it, the true wealth of a nation is its people, which is why African nations with huge amounts of natural resources are poor, while smaller nations like Singapore have high standards of living while having basically no natural resources.