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Showing posts from June, 2023

Privatization in Nazi Germany

A research study was conducted by the University of Barcelona which analyzed German newspapers, media outlets and government documents from 1933 when the Nazis took power all the way to 1941. The University found that the Nazis engaged in heavy privatization of the economy and removed a lot of the public utilities and ownership that was seen under the Weimar Republic prior to the Nazis taking power. From Adam Tooze, The Wages of Destruction: The Making and Breaking of the Nazi Economy. Some examples of Nazi privatization can be seen with these different economic sectors and utilities. In an article published in the Der Deutsche Volkswirt in February 1934, Heinz Marschner proposed: This proposal was related to the Nazi government's support for returning the ownership of urban transportation back to the private sector. Several months later, Hans Baumgarten analyzed the conditions required for the re-privatization in the German banking sector. Discussion of privatization was increa