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submitted 1 year ago by tintory@lemm.ee to c/worldnews@lemmy.ml
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[-] SeaJ@lemm.ee 0 points 1 year ago

It's authoritarian with large amounts of state capitalism combined with high amounts of nationalism. That sure as shit is not communist.

[-] GaveUp@hexbear.net 45 points 1 year ago

Fascist states famously sold off large amounts of state assets to capitalists. Nazi Germany even inspired a new word for this, called "privatization" because they did it so much

It's okay to not have opinions on things you don't know. Learn so that you can create informed opinions

[-] SeaJ@lemm.ee 1 points 1 year ago

Quite the opposite for Nazi Germany for the most part. The corporations became a central part of the state. The alternative name that Mussolini coined for fascism was corporatism for that very reason.

[-] commiecapybara@hexbear.net 16 points 1 year ago* (last edited 1 year ago)
[-] SeaJ@lemm.ee 1 points 1 year ago

Corporatism where the employers play a central role in the running of the state was a foundation of fascism.

[-] commiecapybara@hexbear.net 1 points 1 year ago

If you wish to argue against the author's findings, you can contact gbel@ub.edu.

[-] SeaJ@lemm.ee 1 points 1 year ago

The author does not delve into corporatism.

[-] commiecapybara@hexbear.net 1 points 1 year ago* (last edited 1 year ago)

Correct. Because the Nazi economy was called 'privatization.'

[-] SeaJ@lemm.ee 1 points 1 year ago
[-] commiecapybara@hexbear.net 2 points 1 year ago

Again, if you have evidence to the contrary, you can contact the author of the research paper, or you can submit your findings to a peer-reviewed academic journal. Here are some further academic sources that also support the claim that the Nazi economy was heavily engaged in privatization, and some relevant quotes:

"After the 1931 banking crisis the survival of the four German great banks was safeguarded only by a huge injection of taxpayers’ money. In return, the great banks were partly nationalized and the two worst affected, the Dresdner Bank and the Danat Bank, were merged. Re-privatization was, however, started only a few years later and finalized under Nazi rule in 1937."

Source: After the Crisis: Nationalisation and re-privatization of the German great banks 1931–1937

"There occurred hardly any nationalizations of private firms during the Third Reich. In addition, there were few enterprises newly created as state-run firms."

"The foregoing discussion is clearly corroborated by an analysis of Nazi intentions. Available sources make perfectly clear that the Nazi regime did not want at all a German economy with public ownership of many or all enterprises. Therefore it generally had no intention whatsoever of nationalizing private firms or creating state firms. On the contrary the re-privatization of enterprises was furthered wherever possible."

Source: The Role of Private Property in the Nazi Economy: The Case of Industry

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this post was submitted on 13 Aug 2023
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