Big Business and the Nazis

[Louis Proyect]

Guerin argues that the clash was between retail, light industry and finance
capital on one side which supported bourgeois democracy and heavy industry
on the other. Heavy industry had a huge investment in fixed capital and
labor strikes were becoming more and more of a drain.

At 10:38 AM 6/17/98 -0700, you wrote:
>Sohn Rethel said that they high tech companies initially opposed the
>Nazis; the old iron, coal and steel industries supported them because they
>would put a stop to competition and suppress labor -- the only way that
>they could see to improve profits.
>
>How correct was he?
> -- 
>Michael Perelman
>Economics Department
>California State University
>Chico, CA 95929
>
>Tel. 530-898-5321
>E-Mail michael at ecst.csuchico.edu
>
>

Louis Proyect

(http://www.panix.com/~lnp3/marxism.html)