The Nazi Economy

The Nazi Economy In this highly informative video of 2 hours and 25 minutes, a detailed and highly interesting account of the economy of National Socialist Germany as devised by the National Socialist German Workers Party, is portrayed. Was it the "best thing ever"? Or was it a "terrible system", "corrupt", and "wildly inefficient"? As this video explains it was none of those statements, but it was incredibly adaptive, letting sectors being centralised, and others being market driven. It was exceptionally flexible. In most countries, the nation serves the economy, there are always debates about the Gross National Product. In National Socialist Germany, the economy served the nation. The video quotes from a number of sources, the two major being Hitler's Revolution and Wages of Destruction. There are 5 sectors of this video, 1) Setting the stage, 2) Philosophy, 3) Battle for Work, 4) Rearmament and finally 5) Things that Capitalists don't care about. Quotes are made from grudging economists, stating that the advances of the National Socialist were "real and impressive", an "economic miracle", and even praise for Hitler's considerable exploits. Another thing was Hitler's reforms cut out the need for International and Private Finance. Technology and creative labour became the goal, which resulted in virtually zero unemployment. Coming from a state, that was totally useless, the "Weimar" republic, which had 36% unemployment, and owned billions of Reichmarks, it was an amazing achievement. A fascinating and very educational video.