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> Far from “state capitalism,” where the profit motive is eliminated and production is under the complete control of the state, Neumann noted that under Nazism,
by lispm 10y ago
> Far from “state capitalism,” where the profit motive is eliminated and production is under the complete control of the state, Neumann noted that under Nazism, business — especially large corporate interests — was given extraordinary leeway. They did not have perfect free rein, but large business interests were relieved of many previous social democratic restrictions. Independent labor organizations were crushed, and business was allowed to coagulate into massive, profit-generating monopolies as long as it produced the necessary goods and services the party and the army required.
No, they were not given 'extraordinary leeway'. Example: 'Ownership' was newly defined.
> complete control of the state
That was not necessary. It was set up a structure where people worked on a common goal, in the end the Endsieg.
But make no mistake, enemies ended dead. The political leadership made it clear what the goal was: re-arming Germany and beyond. Making the German military 'fit' for a new war.
> as long as it produced the necessary goods and services the party and the army required.
That's the key point from where to look. The economy was not having 'extraordinary leeway'. The economy had a purpose: making Germany fit for war in the shortest time possible. From 33 to 39 build up a huge military machine, able to win in the west and the east. In Nazi ideology the plan was to occupy large areas in the east, kill the jews and enslave the slavic - new room, new raw materials, new markets, ...
The economy was a tool. This has very little to do with capitalism, thus the comparison between Nazi economy and a crisis of capitalism today will be misleading.