Nazi economic practice concerned itself with immediate domestic issues and separately with ideological conceptions of international economics.
Domestic economic policy was narrowly concerned with four major goals to eliminate Germany's issues:
Elimination of unemployment.
Rapid and substantial rearmament.
Protection against the resurgence of hyper-inflation
Expansion of production of consumer goods to improve middle and lower-class living standards.
All of these policy goals were intended to address the perceived shortcomings of the Weimar Republic and to solidify domestic support for the party. In this, the party was successful. Between 1933 and 1936 the German Gross National Product (GNP) increased by an average annual rate of 9.5%, and the rate for industry alone rose by 17.2%.
This expansion propelled the German economy out of a deep depression and into full employment in less than four years. Public consumption during the same period increased by 18.7%, while private consumption increased by 3.6% annually. According to the historian Richard Evans, prior to the outbreak of war the German "economy had recovered from the Depression faster than its counterparts in other countries. Germany's foreign debt had been stabilized, interest rates had fallen to half their 1932 level, the stock exchange had recovered from the Depression, the gross national product had risen by 81 per cent over the same period.... Inflation and unemployment had been conquered."
German marriages increased from about 511,000 in 1932 to 611,000 in 1936, while births rose from 921,000 births in 1932 to 1,280,000 in 1936. Suicides committed by young people under 20 dropped by 80% between 1933 and 1939.
Internationally, the Nazi Party believed that an international banking cabal was behind the global depression of the 1930s. Control of this cabal, which had grown to a position where it controlled both Europe and the United States, was identified with an elite and powerful group of Jews. Nevertheless, a number of people believed that this was part of an ongoing plot by the Jewish people, as a whole, to achieve global domination. The Protocols of the Elders of Zion, which began its circulation in Russia at the beginning of the 20th century, were said to have confirmed this, already showing "evidence" that the Bolshevik takeover in Russia was in accordance with one of the protocols. Broadly speaking, the existence of large international banking or merchant banking organizations was well known at this time. Many of these banking organizations were able to exert influence upon nation states by extension or withholding of credit. This influence is not limited to the small states that preceded the creation of the German Empire as a nation state in the 1870s, but is noted in most major histories of all European powers from the sixteenth century onward. Nevertheless, after the Great Depression, this libelous and unverified manuscript took on an important role in Nazi Germany, thus providing another link in the Nazis ideological motivation for the destruction of that group in the Holocaust.
Additionally, many companies dealt with the Third Reich. Many know that the Volkswagen was a Nazi project. Opel employed Jewish slave labour to run their industrial plants. Additionally, Daimler-Benz used prisoners of war as slaves to run their industrial plants. Other companies that dealt with the Third Reich—many of which claim not to have known the truth of what the Nazis were doing (some claimed to have lost control of their German branches when Hitler was in power)—were: BMW, Krupp (made gas chambers), Bayer (as a small part of the enormous IG Farben chemistry monopoly), and Hugo Boss (designed the SS uniforms, admitted to this in 1997). There has also been some controversy whether IBM had dealt with the Nazis to create a cataloguing system, Hollerith punch-card machines, which the Nazis were to use to file information on those who they killed.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment