this post was submitted on 10 May 2025
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I feel like even that is giving them too much credit. They're like wannabe Nazis, but not even smart enough to nationalize steel and auto industries.
Not forgiving the Nazis anything, and most of the "nationalization" amounted to confiscation of private (I think frequently Jewish) property. They were a hundred percent anti-socialist, but I guess they had one or two real economists floating around, so they didn't completely shoot themselves in the foot economically, like the Americans under Trump seem to be doing.
Nazis did Gleichschaltung, which wasn’t as much about owning, but about control. They centralized stuff, subverted and merged organizations. But indeed they also expropriate a couple of groups and looted other countries. That usually became national or party property. But people also took stuff for themselves. And they also destroyed property … like book burnings. The Nazis didn’t do well economically. It was part of their plan to loot and exploit other countries. German economy became most efficient when there were already fights on German soil, which means they didn’t work as efficiently as possible before that. England did a lot better due to having John Maynard Keynes on their side.
The nazis privatized a lot of things, save for public healthcare, which is pretty much the only thing the right talks about in case when they need to prove "the national socialists were in fact, socialists" somehow.
Oh I wonder why that isn't brought up more, what with right wing governments and their love of privatizing utilities.
Hungary's Fidesz even managed to do it in a way they can communicate it to different audiences that they have both nationalized and privatized it, by selling it to a Hungarian oligarch, but buying back 25% of it immediately to nationalize the losses. Fidesz managed to get a lot of former old tankies as voters by saying they're boing to build a "work-based society".
What dreadful perfidy. I guess the socialists and communists weren't fooled, at least? What a debate that must have been.