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How Fascism Works with a "Private" Economy

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This is an excellent article that provides an interesting look at how the Nazi's advanced their goals by "privatizing" the economy (sound familiar?). Read AGAINST THE MAINSTREAM: NAZI PRIVATIZATION IN 1930s GERMANY

Guillebaud (1939, p. 55) stresses that the Nazi regime wanted to leave management and risk in business in the sphere of private enterprise, subject to the general direction of the government. Thus, “the State in fact divested itself of a great deal of its previous direct participation in industry….But at the same time state control, regulation and interference in the conduct of the economy affairs was enormously extended.” Guillebaud (1939, p. 219) felt that National Socialism was opposed to state management, and saw it as a “cardinal tenet of the Party that the economic order should be based on private initiative and enterprise (in the sense of private ownership of the means of production and the individual assumption of risks) though subject to guidance and control by state.”

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In Sweezy’s view, the Nazis paid back industrialists who supported Hitler’s accession to power and his economic policies “by restoring to private capitalism a number of monopolies held or controlled by the state” (p. 27). This policy implied a large-scale program by which “the government transferred ownership to private hands” (p. 28).

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the Nazi Party was looking not only for business support, but also for increased control over the economy. In this way,

privatization was seen as a tool in the hands of the Nazi Party to “facilitate the accumulation of private fortunes and industrial empires by its foremost members and collaborators.” This would have intensified centralization of economic affairs and government in an increasingly narrow group that Merlin termed “the national socialist elite.” (p. 207).

Early analysis of Nazi privatization explicitly stated that German privatization of the 1930s was intended to benefit the wealthiest sectors and enhance their economic position, in search of their political support.

Obama's economic policy, except written 80 years ago.

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The Nazi system was pseudo capitalism from the get go. It was, in essence, a socialist collectivist abomination that was dressed up in capitalist clothing to fleece the German middle class (or former middle class) out of their liberties.

Here is a book you might find interesting: -Liberal Fascism- by Jonah Goldberg.

Bob Kolekr

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