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By 1939 the national debt had reached 37.4 billion marks. The reemployment of millions of jobless and the rearmament of German military forces had been financed by borrowing gigantic sums of money. Even Goebbels, who otherwise mocked the government's financial experts as narrow-minded misers, expressed concern in his diary about the exploding deficit.
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Another source of the Nazi Party's popularity was its liberal borrowing from the intellectual tradition of the socialist left. Many of the men who would become the movement's leaders had been involved in communist and socialist circles.
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By exploiting material wealth confiscated and plundered in a racial war, Hitler's National Socialism achieved an unprecedented level of economic equality and created vast new opportunities for upward mobility for the German people.
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Hitler and others promised that as soon as the National Socialist revolution had removed Jewry, economic exploitation would be overcome and a socially just utopia would be nigh.
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In one of his central pronouncements, Hitler promised 'the creation of a socially just state,' a model society that would ' continue to eradicate all [social] barriers.'
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In 1894, historian Theodor Mommsen wrote that the root cause of the anti-Semitic 'affliction' was 'envy and the basest instincts,… a barbaric hatred for education, freedom, and humanism.'
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[The Nazis] handed out billions in price subsidies to farmers…. As early as December 1939, a high-ranking financial administrator complained that the privileging of farmers 'is in many case so grotesque that it can scarcely be kept secret from the rest of the populace, segments of which are being called on to make real sacrifices.'
Götz Aly
Quote of the day
Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
Götz Aly
Born:
May 3, 1947
(age 77)
Bio:
Götz Haydar Aly is a German journalist, historian and political scientist.
Known for:
Hitler's Beneficiaries (2006)
Götz Aly on Wikipedia
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