• @nexusband
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    3 days ago

    https://en.wikipedia.org/wiki/Economy_of_Nazi_Germany

    Meanwhile, Schacht’s administration achieved a rapid decline in the unemployment rate, the largest of any country during the Great Depression. By 1938, unemployment was practically extinct. Price controls kept inflation in check but also squeezed out small farmers. The government also introduced rent and wage controls.

    The Great Depression had spurred increased state ownership in most Western capitalist countries. This also took place in Germany during the last years of the Weimar Republic. However, after the Nazis took power, industries were privatized en masse. Several banks, shipyards, railway lines, shipping lines, welfare organizations, and more were privatized. The Nazi government took the stance that enterprises should be in private hands wherever possible. State ownership was to be avoided unless it was absolutely necessary for rearmament or the war effort, and even in those cases “the Reich often insisted on the inclusion in the contract of an option clause according to which the private firm operating the plant was entitled to purchase it.”

    A very large portion of Germany was quite happy, going along between 1930 and 1938, simply because of the fact that they had a better life - looking the other way as your Jewish neighbour was deported (or worse) was a necessary evil for a very large portion. Giving up most worker rights as well.