Comments by "OscarTang" (@oscartang4587u3) on "“Hitler privatized the industries” is ridiculously misleading" video.
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The action of “Privatisation” did exist, however it didn’t diversify the ownership of public property.
As the “Privatisation” was just the first step of a Nazi Scam.
Nazi renationalised all the state property that was previously sold to private sector as stock since 1933 with corporate law in 1937 by removing the shareholders “right to vote on dividend policy and on the dismissal of directors (Mertens, 2007: 95-96). Moreover, the government was empowered to dissolve any corporation deemed to endanger the national welfare without the need to compensate shareholders (Mertens, 2007: 101).” (THE RISE AND FALL OF THE GERMAN STOCK MARKET, 1870-1938)
Bank Act of 1934 allowed the government to exercise tight control over private banks(Bel, “Against the Mainstream,” P20.),
That Nazi’s Bank Act allowed the Government to "intervene actively in banking business as and when they think fit and even to select the personnel of bank management".(Dessauer, Marie. 1935. "The German Bank Act of 1934.", p.224)
Every public own firm that were sold to the bank during privatisation were also eventually went back to the control of the Nazi State.
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@ticstorm787 [ there is not a single country that does not appropriate your property under certain conditions. Nazi Germany was a fascist authoritarian state.]
This statement can refute even the Soviet Union from practising socialism.
Nazism is Socialistic is not just because of their nationalisation policy, it also because of their socialism policy:
"Workers had their food, rend, clothing, and recreational activities (plus others) subsidized by the State." (Aly, "Hitler's Beneficiaries," p36, p62, p71. Neumann, "Behemoth," p306. Overy, "Nazi Economic Recovery," p31. Reimann, "The Vampire Economy," p71.)
As Götz Aly’s book “Hitler’s Beneficiaries” makes clear, most of the taxes were levied against the rich, the corporations, and foreigners like the Jews. They weren’t levied against the poor, who had their food, rend, clothing, and recreational activities (plus others) subsidised by the State.(Aly, “Hitler’s Beneficiaries,” see Chapter 2.)
The “private profit” of those private companies would still be forced to redistribute among the workers ( to further the Nazi goal) by the DAF, the party subordinates, or directly by the Nazi Government.
"A year or so ago I was ordered to spend social evenings with my 'followers' and to celebrate with them by providing free beer and sausages. The free beer and sausages were welcome enough ... Last year he (The Labor Front secretary) compelled me to spend over a hundred thousand marks for a new lunchroom in our factory. This year he wants me to build a new gymnasium and athletic field which will cost about 120,000 marks." (Reimann, The Vampire Economy, p. 112)
Historical fact show that Nazi Germany gradually eliminate unemployment, the taxes were levied against the rich, the corporations, and foreigners like the Jews. They weren’t levied against the poor, who had their food, rend, clothing, and recreational activities (plus others) subsidized by the State. ( Aly, “Hitler’s Beneficiaries,” see Chapter 2.)
“Family and child tax credits, marriage loans, and home-furnishing and child-education allowances were among the measures with which the state tried to relieve the financial burden on parents and encourage Germans to have more children.” (Aly, “Hitler’s Beneficiaries,” p38-39.)
In addition to this, there were price controls, wage controls, rent controls, and centralised distribution of goods - materials could only be bought with certificates which had to be obtained from one of the various central planning boards which distributed said materials.( Reimann, “The Vampire Economy,” p51-52, p67-70, p251-254.)
Average Worker real wage has been gradually increase from 88.5 at 1933 to 107.5 at 1938 (Table 7.2.1 “The Longman Companion to Nazi Germany”). With the price control imposed them on the German people since 1936, by 1937 the total food expenditure of Nazi household reduce to 964 RM from 1369 RM of 1927 where the average real wage per week was 92.3 compare to 103.0 of 1937(Table 1 ”Feast or Famine: The Welfare Impact of Food Price Controls in Nazi Germany”,).
Historical fact also indicated that DAF in real live was also not pro-capitalist as the Nazi in your own imagination. The "capitalists" were also people being regulated by the DAF. Under the new National Socialist regulations (enforced by the DAF), the concepts of “employers” and “employees” were done away with, being replaced with the terms “leaders” and “followers”. And while some “followers” did complain about the new system, saying it was benefiting the “leaders” at the expense of the “followers”, their “leaders” also complained about the new system.
(Evans, “The Third Reich in Power,” p107. Lindner, "Inside IG Farben,” p70, p83. Shirer, “The Rise and Fall of the Third Reich,” p327-329.)
“Yes, I am the ‘leader’ in my factory; my workers are my ‘followers.’ But I am no longer a manager...
(Herr A. Z. quoted from Reimann, “The Vampire Economy,” p107.)
I cannot decide what is allowed or forbidden in my own factory...
(Herr A. Z. quoted from Reimann, “The Vampire Economy,” p109.)
There have been cases where managers were removed by the Party of Labor Trustees and replaced by ‘kommissars.’ ”
( Herr A. Z. quoted from Reimann, “The Vampire Economy,” p116.)
Furthermore, the “private profit” of those private companies would still be forced to redistribute among the workers ( to further the Nazi goal) by the DAF, the party subordinates, or directly by the Nazi Government.
"A year or so ago I was ordered to spend social evenings with my 'followers' and to celebrate with them by providing free beer and sausages. The free beer and sausages were welcome enough ... Last year he (The Labor Front secretary) compelled me to spend over a hundred thousand marks for a new lunchroom in our factory. This year he wants me to build a new gymnasium and athletic field which will cost about 120,000 marks." (Reimann, The Vampire Economy, p. 112)
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@chromaticstorm787
1. Nazi Germany did reach the lower stage of Socialist Mode of Production. By the fact that the surplus product produced by means production, and the wealth derived from it, were appropriated to society as a whole by the State and to workers by DAF. The way how Nazi Germany appropriated the surplus product met the description of two principal variants of social ownership of the mean of production according to the following source.
"Here again there are two principal variants of such social claims to income, depending on the nature of the community holding the claim: (1) Public surplus appropriation: the surplus of the enterprise is distributed to an agency of the government (at the national, regional, or local level), representing a corresponding community of citizens. (2) Worker surplus appropriation: the surplus of the enterprise is distributed to enterprise workers." (Toward a Socialism for the Future, in the Wake of the Demise of the Socialism of the Past, by Weisskopf, Thomas E. 1992. Review of Radical Political Economics, Vol. 24, No. 3–4, p. 10)
2. The economic policy of Nazi Germany did able to make its economic system ascend from capitalist mode of production under Marxist theory.
Under the capitalist mode of production:
1.Both the inputs and outputs of production are mainly privately owned, priced goods and services purchased in the market.
Production is carried out for exchange and circulation in the market, aiming to obtain a net profit income from it.
Inputs and outputs of production are State owned (German businessman to American businessman, from Reimann, "The Vampire Economy,”)
2.The owners of the means of production (capitalists) constitute the dominant class (bourgeoisie) who derive its income from the exploitation of the surplus value.
No free Market in Nazi Germany (The Role of Private Property in the Nazi Economy: The Case of Industry)
Surplus value was controlled and regulated by the state.
3.Surplus value is a term within the Marxian theory which reveals the workers' unpaid work.
“Hitler’s Beneficiaries” makes clear, most of the taxes were levied against the rich, the corporations, and foreigners like the Jews.
They weren’t levied against the poor, who had their food, rend, clothing, and recreational activities (plus others) subsidized by the State. ( Aly, “Hitler’s Beneficiaries,” see Chapter 2.)
4. A defining feature of capitalism is the dependency on wage-labor for a large segment of the population; specifically, the working class, that is a segment of the proletariat, which does not own means of production (type of capital) and are compelled to sell to the owners of the means of production their labour power in order to produce and thus have an income to provide for themselves and their families the necessities of life.
There was no wage-labor, because work were guaranteed, and the wages or salaries in Nazi Germany were fixed by DAF instead of market-determined. ( Reimann, “The Vampire Economy,” p109.).
3. Regarding the private wealth within Germany during the Nazi Era. The private wealth within Germany was reduced to 0.6% under Nazi regime. Which Western countries in that time period able to do that with their higher income taxes?
"Through higher corporate tax rates, special war excess taxation, and by changing accounting rules, the Nazi regime substantially increased the tax burden for businesses, extracting up to 80% of the profits (see Banken 2018). At the same time, companies continued to pay the wealth tax. We estimate the corresponding wealth reduction to amount to 0.6% of net private wealth." (Wealth and its Distribution in Germany, 1895-2018, Thilo N. H. Albers, Charlotte Bartels, Moritz Schularick)
4. Besides Nazism can fit the definition of Socialism is also because of their ideology, not their tax rate. Liberal Socialist like the SPD which practised Orthodox Communism can be classified as Socialist is not because of their income tax rate which Germany kept their top income tax rate at 40%, while the UK’s was fluctuated in the range of about 50% to 70% in the year of 1920s to 1930s. (Are progressive taxes an artifact of war?- Vox) Using the same narrative to refute Nazism from Socialism, are you also going to refute SPD’s Orthodox Communism of 1920s from the definition of Socialism?
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