Who Admires Hitler's Economy?

DANIEL.DAVIES at flemings.com DANIEL.DAVIES at flemings.com
Tue Jan 4 00:30:52 PST 2000



>Every time this comes up I cite Kalecki, to no apparent effect. You
>cannot separate the economic and political aspects of Naziism - you
>can only have full employment under capitalism with vigorous
>repression of unions and political freedoms.


>Doug

Every time *this* comes up, I register disagreement by bringing up Hjalmar Schacht, Hitler's Reichsbank chairman in the relevant period and one of the few people to have been acquitted at Nuremberg. The only relevant Nazi econonomic policy in the 1930s was aggressive monetary expansion, financed by default on overseas debt. Hence, (possibly) M. Sawicky's analogy with the current USA?

(happy new year!)

dd

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