• @cm0002OP
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    1 day ago

    Nazi Germany’s rise was spurred by multiple things lole wounded national pride, resentment over the loss of their monarchy, and a general feeling of “betrayal” following World War I. But calling the Treaty of Versailles’ economic impact minimal is a great understatement. The burdensome capitalism-based war reparations and Germany’s reliance on foreign loans created cycles of hyperinflation, unemployment, and economic instability, which were in turn exploited by Nazi propaganda promising revival and strength (heh side note, sound familiar? Hmm). While the reasons for their rise are complex between nationalism, political upheaval, and social tension, the economic hardship def played a significant role in amplifying that discontent. It’s entirely possible that WWII could have still occurred without like a factor or 2, which is why I said it might not have happened without the relentless focus on extracting monetary compensation for the war

    As far as slaves, yes that’s true, it did exist before. But Capitalism definitely continued to drive it longer than when it would have come to a natural end

    • @PugJesus
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      31 day ago

      But calling the Treaty of Versailles’ economic impact minimal is a great understatement. The burdensome capitalism-based war reparations and Germany’s reliance on foreign loans created cycles of hyperinflation, unemployment, and economic instability,

      This literally isn’t true though. Weimar Germany only experienced hyperinflation once, under the circumstances outlined previously, and they were quite economically strong before the Great Depression, which affected all developed nations of the world. The economic impact of the Treaty of Versailles was minimal, regardless of what role you think capitalism played in Nazi Germany’s rise.

      As far as slaves, yes that’s true, it did exist before. But Capitalism definitely continued to drive it longer than when it would have come to a natural end

      … what do you think ended chattel slavery in the developed world?

      I promise you, the ruling class of Britain in the early 1800s was not even close to socialist.

      Capitalism is not good. Capitalism is not ideologically opposed to slavery. And capitalism absolutely can cannibalize itself and return to a more feudal mode of existence. But the mechanisms of capitalism mean that, in a closed system, chattel slavery and capitalism remain at odds. Chattel slaves cannot provide a strong consumer base or fluid labor force.

      • @Takapapatapaka
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        218 hours ago

        What if we switch the ‘economic impact of Treaty of Versailles’ for ‘economic impact of the Great Depression’ ? Then wouldn’t have a crisis in capitalism triggered a rise in fascism?

        Plus, as we see today, many business owners join hard right to far right movement when they fear crisis might push people toward revolutionary left. I think that’s what is meant when saying nazism build upon capitalism defeat.

        • @PugJesus
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          118 hours ago

          What if we switch the ‘economic impact of Treaty of Versailles’ for ‘economic impact of the Great Depression’ ? Then wouldn’t have a crisis in capitalism triggered a rise in fascism?

          That would be more applicable, yes, though I would still point to numerous other factors as more important.

    • @marcos
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      1 day ago

      Capitalism was the one main force pushing for the end of slavery at the Contemporaneous Age. It’s basically the reason most of the world doesn’t have it anymore.

      (And yeah, I mean modern Capitalism, that appeared after the Industrial Revolution.)