| Author |
Message
|
| Pendragon |
 Posted: Tue May 31, 2005 3:43 am Post subject: Hitler and the German economy |
 |
|
Moderator
Joined: 07 Jan 2005
Posts: 1160
Location: Nederland
|
beside the horrible things he did, Hitler somehoe managed to turn the German economy, that was experiencing one of it's worst recessions ever, into a modern production cannon in the 1930's. Unemployment went down spectacularty, hyperinflation stopped and the general level of wealth rose sharply.
How did he do it? Offcourse some part of the wealth was stolen from first the jews and later conquered people in Europe, but there must have been more behind it. |
|
| Back to top |
|
 |
| (In)Sanity |
| Posted: Tue May 31, 2005 3:52 am Post subject: |
|
|
Forum Cosmic Wizard
Joined: 19 Oct 2004
Posts: 2169
Location: Phoenix AZ
|
Putting everyone to work with the spoils of war, not a bad idea. Gold and other such rare resources being the only thing that holds it's value in times of war. Currency does little good if nobody will trade with you. Gold on the other hand can always be traded. Germany is now a pretty well off country. Let's just hope they never make the same mistakes a third time. I doubt they will. My wife and I are both of German heritage, at least partly. I think it's where I get my superiority complex  |
|
| Back to top |
|
|
| everneo |
| Posted: Tue May 31, 2005 8:43 am Post subject: |
|
|
Forum Freshman
Joined: 03 May 2005
Posts: 40
|
| Hitler channelized all the resources into building a resource hungry war machinery that could get further resources only by invasions. In effect he pushed Germany into a vicious circle that should not be and cannot be stopped otherwise it would collapse. |
|
| Back to top |
|
|
| goodgod3rd |
| Posted: Wed Jun 15, 2005 3:11 pm Post subject: |
|
|
Forum Ph.D.
Joined: 02 Feb 2005
Posts: 899
Location: Donegal Ireland
|
ohh i can discuss this.
ok.. first ... the whemir republic.. they were starting to get back on there feet after the crippling effects of the TREATY OF VERSAILLES. but after the wall street crash in 28(i think) they lost the us loans.. and the ecconamy collapased...
hitler.. was at the time .. a minor person.,. who was shouting his ideas around. he claimed the eccoamy WOULD infact colapase. he was right.. so the german people turned to him.
becasue he was facist, he got backing of rich busssness men so as to stamp out communisim./ huge donations made the following possible
so he started huge public works projects! the huge autoban. the 8 lane moterways. and other projects.. such as mining of coal and steal.
unemployment fell. which meaing more money in familys/households people started paying tax which went back into the goverment. also because more money in their pockets... more spending.. this gave rise to demand in goods....
factorys were open. one huge success was the founding of volks wagon! cheap cars based on the ford cars of americia. more jobs in the fatorys!!!
the rich jews were thrown out of their buissness's and shops.. and poor germans took their place
and last but not least .. if you got no other job.. in the public works...shops...factorys.... there was the glorious path of the GERMAN army!
hitler was an evil man.. but did bring germanny back to a ecconamic power.
soem claim the treaty of versialles led tio world war two.... the-unfair-treaty to stop it... caused it! 
_________________
Stumble through life |
|
| Back to top |
|
|
| Pendragon |
| Posted: Thu Jun 23, 2005 7:24 am Post subject: |
|
|
Moderator
Joined: 07 Jan 2005
Posts: 1160
Location: Nederland
|
| everneo wrote: |
| Hitler channelized all the resources into building a resource hungry war machinery that could get further resources only by invasions. In effect he pushed Germany into a vicious circle that should not be and cannot be stopped otherwise it would collapse. |
Exactly. I think the German economy of the 1930's is a rare example of a country concentrating all it's economic forces in one big explosion of production, that can only be sustained by expansion. A lot of investment went to the weapons industry, which gives temporary employment and welfare. But weapons pay no returns unless they're used, so without starting a war the investments would have been made totally unproductive. In that way one could argue that allready in the 1930's WW2 was unavoidable, unless other countries would willingly give up money and resources to Germany to sustain it's production. Chamberlain could have known..
| goodgod3rd wrote: |
| some claim the treaty of versialles led to world war two.... the-unfair-treaty to stop it... caused it! |
Thats a difficult point. The treaty of Versailles only caused WW2 because Hitler used it as an excuse to start the war. Had the Germans played by the rules, they'd be finished paying reparations just 15 years ago and would now be the poorest country of Europe.
But I guess one could say that the treaty at least helped create the circumstances in which fascism could take root (but again, wouldn't the 1929 depression alone have beeen enough to create such circumstances?) |
|
| Back to top |
|
|
| poly_nightmare |
| Posted: Thu Jun 23, 2005 4:26 pm Post subject: |
|
|
Forum Freshman
Joined: 15 Jan 2005
Posts: 69
Location: New York
|
| Well, I'll give Hitler some credit. He did bring Germany out of the Depression. He said that all Germans should have an automobile. So he developed the Car of the People, also known as Volkswagon. He created jobs at an amazing rate. |
|
| Back to top |
|
|
| Pendragon |
| Posted: Fri Jun 24, 2005 1:27 am Post subject: |
|
|
Moderator
Joined: 07 Jan 2005
Posts: 1160
Location: Nederland
|
| poly_nightmare wrote: |
| Well, I'll give Hitler some credit. He did bring Germany out of the Depression. He said that all Germans should have an automobile. So he developed the Car of the People, also known as Volkswagon. He created jobs at an amazing rate. |
Creating jobs isn't hard, the real challenge is creating sustainable jobs. The average developping country could be made rich by enormous government investments in unproductive sectors, financed by borrowing or printing money. The wealth would only last a few years, after which the government budget is depleted and the artificial jobs disappear again.
And I also have to disappoint you about the Volkswagen. Until the end of the war there where hardly any of them in use outside the army. Only after the war, when the enormous Volkswagen factories were found idle by some German businessmen, there was large-scale production and the car became a success. |
|
| Back to top |
|
|
| poly_nightmare |
| Posted: Sat Jun 25, 2005 5:49 pm Post subject: |
|
|
Forum Freshman
Joined: 15 Jan 2005
Posts: 69
Location: New York
|
One thing Hitler did was train 100,000 soldiers. When they were done with training, he would send them off to jobs and train another 100,000 soldiers. The military was never 100,000 soldiers. After WWI, Germany couldn't have an army that large. As when war broke out, Germany suddenly has this huge army.
One thing I am sure that Hilter did during the Depression years was to have people cut down part of the Germany forests and sometimes even replant them. I'm not entirely sure what jobs were created, but most were meager jobs, but they stayed around.
*I may not be right on the size of the army. That was a guess on my part. |
|
| Back to top |
|
|
| goodgod3rd |
| Posted: Sat Jul 02, 2005 5:46 am Post subject: |
|
|
Forum Ph.D.
Joined: 02 Feb 2005
Posts: 899
Location: Donegal Ireland
|
[quote="Pendragon]
Thats a difficult point. The treaty of Versailles only caused WW2 because Hitler used it as an excuse to start the war. Had the Germans played by the rules, they'd be finished paying reparations just 15 years ago and would now be the poorest country of Europe.
But I guess one could say that the treaty at least helped create the circumstances in which fascism could take root (but again, wouldn't the 1929 depression alone have beeen enough to create such circumstances?)[/quote]
i know, it can be argued feriouscly,
but there is no doubt that th etreaty was extreamly unfair, which led to facisim ,
_________________
Stumble through life |
|
| Back to top |
|
|
| Brian Foley |
| Posted: Thu Aug 04, 2005 12:39 am Post subject: Re: Hitler and the German economy |
|
|
Forum Freshman
Joined: 26 May 2005
Posts: 31
Location: Australia
|
| Pendragon wrote: |
beside the horrible things he did, Hitler somehoe managed to turn the German economy, that was experiencing one of it's worst recessions ever, into a modern production cannon in the 1930's. Unemployment went down spectacularty, hyperinflation stopped and the general level of wealth rose sharply.
How did he do it? Offcourse some part of the wealth was stolen from first the jews and later conquered people in Europe, but there must have been more behind it. |
Confiscation of Jewish wealth played no part in it . Germany launched into an arms build up which meant an industrial expansion . Hjalmar Schacht the German Minister of Economics funded this drive by financing from the Bankers . Loans were raised and this money was funnelled to the industrialists who had now geared their economy for war production . Nothing brilliant about it , in fact the US economy prospered under the Cold War arms race post WWII . Huge sums were raised and the industrial sector just built weapons . When the Cold war ended in 1989 so did the good times , the US economy is contracting and with a massive $7 Trillion debt . The gamble of the Nazi debt was that the war of conquest and exploitation of foreign lands was what wpould make good ion the debt . |
|
| Back to top |
|
|
| Pendragon |
| Posted: Sat Aug 13, 2005 1:17 pm Post subject: |
|
|
Moderator
Joined: 07 Jan 2005
Posts: 1160
Location: Nederland
|
| Actually kind of frightening that every country could suddenly become powerfull, just by braking the rule of not spending more money then you can afford on the long term. The Soviet-Union could have done the same during the cold war (except that they didn't have the same access to credit as the nazi's had). |
|
| Back to top |
|
|
| j |
| Posted: Sat Aug 13, 2005 6:38 pm Post subject: |
|
|
Forum Bachelors Degree
Joined: 17 Mar 2005
Posts: 446
|
Isn't that exactly what the U.S did, to destroy the S.U.? Out spend them into oblivion?
But "Crush 'em with Credit" isn't the best campaign slogan, is it? |
|
| Back to top |
|
|
| latehorn |
| Posted: Tue Nov 22, 2005 7:50 am Post subject: |
|
|
Forum Freshman
Joined: 13 Nov 2005
Posts: 76
|
|
| Back to top |
|
|
| Katulus |
| Posted: Sun Nov 27, 2005 2:01 pm Post subject: |
|
|
Forum Freshman
Joined: 27 Nov 2005
Posts: 58
Location: Futuria
|
Thats not hard to do. Only what has to be done is to put down individual greed to have everything for himself and not let other have some bits as well.
Public owrks and major projects always being financial security to those that owrk in them and they can be well guided by the authority. It improves stability and power up the economy.
So if you want to pump up the Republic.. make sure people have jobs from such projects... nurture the rich so they dunn emigrate in between and let creative people create.
As i said only greedy (very bad. but integral partt of Humanity) can spoil those plans... Some guys want just too much too fast.
_________________
Want to have unlimited power? Dont stop learning and u'll have it.
http://science.mojforum.si |
|
| Back to top |
|
|
| Pendragon |
| Posted: Wed Dec 07, 2005 4:11 pm Post subject: |
|
|
Moderator
Joined: 07 Jan 2005
Posts: 1160
Location: Nederland
|
| Katulus wrote: |
As i said only greedy <..> can spoil those plans... Some guys want just too much too fast. |
Do you mean that you think the big projects of Germany in the 1930's (the highway system, hydro-electricity facilities etc) would have led to durable welfare if they weren't exploited by greedy people?
I think this would be incorrect. It's nice to have a modern highway system, but it doesn't generate money in itself. When the building is done, the workers are unemployed again and you don't have the money to start a new project for them. (having money was a relative thing in that period. I think most of these projects were funded by printing new money and taking the inflation for granted. You can only do this for a short period of time offcourse, so even if you take printing money in account there are still limits to your spending). |
|
| Back to top |
|
|
|
|
