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Vampire Economy: Doing Business Under Fascism Paperback – November 3, 2014
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- Print length368 pages
- LanguageEnglish
- Publication dateNovember 3, 2014
- Dimensions6 x 0.83 x 9 inches
- ISBN-10161016038X
- ISBN-13978-1610160384
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Product details
- Publisher : Ludwig von Mises Institute (November 3, 2014)
- Language : English
- Paperback : 368 pages
- ISBN-10 : 161016038X
- ISBN-13 : 978-1610160384
- Item Weight : 1.09 pounds
- Dimensions : 6 x 0.83 x 9 inches
- Best Sellers Rank: #392,049 in Books (See Top 100 in Books)
- #756 in Economic History (Books)
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"Some businessmen have even started studying Marxist theories, so that they will have a better understanding of the present economic system", wrote one businessman. The businessman goes on to say that once Hitler confiscates all property from the Jews, that " it will be the turn of the 'white Jews' which means us Aryan businessmen after the Jews have been expropriated.".
When you combine this book with General William Donovan's Nurnburg trial papers concerning Hitler's anti-Christian, anti-liberty and Soviet style indoctrination policies, you realize that thinking of the Nazis as "right wing" is total propaganda, which of course it was and still is to this day.
You should also read Albert Speer's books to understand how he tried to dismantle this corrupt Soviet style economy late in the war to increase military production:
http://www.amazon.com/Inside-Third-Reich-Albert-Speer/dp/0684829495/ref=sr_1_1?s=books&ie=UTF8&qid=1393595969&sr=1-1&keywords=albert+speer
OK - finished the book. The Nazis were ignorant when it came to economics. They did virtually everything wrong just like Herr Hitler's alter ego - Joseph Stalin. Because markets set prices, markets indicate where to allocate capital and hence where opportunities lie for innovation and increased production. Once the "all-knowing" state interferes in this process, markets and hence economies collapse.
Reimann meticulously describes how the Nazi economy operated. It was an economy of statism, cronyism, bureaucracy and coercion. What wasn't confiscated was trashed. As Nazi Germany expanded geographically, the state expropriated businesses while paying the owners and creditors pennies on the dollar.
History books give the impression that businessmen were natural allies of Hitler and the Nazis. That is total nonsense. Every business was loaded with political commissars who siphoned off money for themselves and the Nazi party leaving the natural owners and operators of the businesses powerless.
Hitler was a Socialist. So is Obama. Their combined knowledge of how economies operate is ZERO. They destroy everything they touch.
operating in steel and weaponry industries. Even they had to settle for much less than what they'd thought
Hitler would've helped them expropriate! Heavy taxations, tons and tons of regulation and nowhere in the
entrepreneurs' offices were there areas that were safe from Nazi oversight. They would barely leave their business alone. The Nazi government had a different, more complicated beurocracy than the ones in USSR. But was it liberal?
No!
Neither was it about some end goal where ''everyone owned and managed everything'' as envisioned
( or dreamt up! ) in the Soviet Union. The state was to be everything, the individual nothing but a pawn/
tool for the state. Lenin's belief was that the state would eventually fade away naturally as they built
communism, but Hitler's belief was that once the state takes control ( directly or indirectly ) of all industries,
trade etc, then the ideal had pretty much been realized.
Those were some of the big differences between the socialists in the USSR, and the Third Reich. Then, of
course there was the horrible racial hatred too.
Good book!
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Secondly, the content of the book gives a clear picture of the situation that business owners faced operating in the 1930s with extensive references for each claim. There are many anecdotes given of individual business owners going through struggles to continue normal operations in the face of government interference.
Lastly, one must keep in mind the author of the work is perceiving the economy and economic activity through a marxist lens, which should be noted but all writers have bias in any case.








