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Friday, October 26, 2018

Nazism And The German Economic Miracle Of The Early 1930s

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Nazism And German Economic Miracle

Excerpt:
 Hitler's economic miracle
"The Nazis came to power in Germany in 1933, at a time when its economy was in total collapse, with ruinous war-reparation obligations and zero prospects for foreign investment or credit. Yet through an independent monetary policy of sovereign credit and a full-employment public-works program, the Third Reich was able to turn a bankrupt Germany, stripped of overseas colonies it could exploit, into the strongest economy in Europe within four years, even before armament spending began. In fact, German economic recovery preceded and later enabled German rearmament, in contrast to the US economy, where constitutional roadblocks placed by the US Supreme Court on the New Deal delayed economic recovery until US entry to World War II put the US market economy on a war footing. While this observation is not an endorsement for Nazi philosophy, the effectiveness of German economic policy in this period, some of which had been started during the last phase of the Weimar Republic, is undeniable."

Alan: I wholeheartedly condemn any suggestion that Hitler's economic miracle justified territorial expansion, ethnic prejudice, the purging of n'er-do-wells-and-cripples or "The Final Solution." 

However, it is a fact that Hitler worked an economic miracle.

Indeed, Hitler worked this miracle after the German people had been thrice devastated: first by World War I; then byThe Great Depression; and finally by the onerous monetary tribute Germany had to pay the allied nations -- for decades to come! -- according to the terms of the Versailles Treaty.
 

National Socialism began as a left-wing party, and prior to the military build-up and territorial expansionism of the late 1930s, Nazi Germany enjoyed tremendous prosperity as a direct result of centralized socialist control. 

Then, with the onset of belligerent expansionism, the leftist essence of National Socialism morphed into its right-wing opposite, a not infrequent process which the notable psychiatrist Carl Jung calls enantiodromia.


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This same mechanism of enantiodromic transformation is also observed in the transmutation of The Party of Lincoln into The Party of Trump. 

Yes, it is possible to trace a direct line of "descent" between the two men, but Trumpian politics are nearly antithetical to Lincolnian politics.

Here, for example, is a fact-checked Lincoln quote that not one in a thousand modern-day Republicans will promote:

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Lincoln On Labor And Capital: Ask Conservative Friends To Mass Email The Following Link; Then Ask Why They Won't


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