Natsoc Economics

youtu.be/F2lRetEI1cE

It continues to today, you just don't understand.
>German Engineering
>Follow the standard

It never went away, just maybe TOO successful.

Everyone must have a job.

I thought you get issued little labor certificates for hours worked. people trade these certificates with each other for goods. correct me if im wrong.

Looting Europe of its art and gold didn't hurt, and here the Krauts call Jews thieves.

That still doesn’t answer the question if where you would store your money. And why would an investor or the government give you a loan if they don’t get any return on it? Is there still interest in this scenario? Cause if there is what is the point of getting rid of the banks or is it just da joos?

youtube.com/watch?v=LYEUHk16yk4

National Socialism you faggot it says it in the name

>where you would store your money.
The Reichsbank
>. And why would an investor or the government give you a loan if they don’t get any return on it?
Investor gets a share of the company, the government benefits by you paying taxes and not being unemployed

Natsoc Fags don’t understand banking evolved out of necessity, just because it’s been hijacked over the centuries doesn’t mean the institution itself is inherently evil anymore than farming is evil because big corporations took over and turned them into factories.

>that pic
Yikes.

Pillage, plunder, slavery, empty promises and debts never to be repaid.

Stock markets and speculation were still a thing. Things were still privately owned. The NSDAP actually had to purge a lot of people because they wanted to nationalize Krupp. But there was a lot of state intervention. Tariffs, regulations, subsidies, etc. A bit thing to note is that labor unions were banned and replaced with a government agency that had the ability to set wages; similar to a corporatist structure, like Fascist Italy. There was no unemployment. Heavy industry was definitely the focal point, but agriculture and other industries were still prominent.

It wasn't perfect. There was a lot of bureaucracy. But National Socialist Germany is definitely my role model when looking at the American economy. My personal views are a mix of the NSDAP in practice, Feder, C.H. Douglass' social credit, and MMT.

Gotta say that they had a point as far as viewing usury for what it was

t. Buy house for 260k
t. Final cost with interest 520k

Beat me to it. Also they made housing rent affordable The people could actually save their money and be able to afford shit for the first time since 1918

is waiting 30 years to make double your money lending out to someone at a 5% interest rate really that exploitive? Alo consider inflation as well that eats away at a lender’s profit.

National Socialism has a labour-based money system. Wealth is based open the amount of work/production taking place. So, instead of a man working for a day going to his employer for his wage, he would present his work (ratified by his employer) to the state, and the state would grant him wealth based on his labour. Conversely, corporations generated their wealth through their products, rather than the amount of trade they could partake in.

Internationally, a barter system was used, trading product for product; service for product; or product for service. No need for an international financial system.

Starting to understand why the (((powers that be))) want to suppress the ideology, now?

Any amount of usury is bad making the excuse that its just a small interest rate is not the point because they just lend you more money at a lower rate to get you hooked into the system of debt. That said you can have banks with out having interest and their are other ways to make money off of loans with out compounding interest.

1. Divert resources towards the military, as a Keynesian-type policy to revert the economic crisis. Fund it using "labour-vouchers" so you can pretend you're not massively expanding the monetary supply.
2. Prop up oligopolies and monopolies in 1) but keep them on a tight leash, so that businessmen are on your side and you have enough private investment. This also gets you closer to full employment.
3. Go autarkic - again ensures higher wages and employment but previously imported goods become either shit or crazy expensive.

Modern states, when issuing debt, hire investment banks to run the process for them. And governments could actually specialize on this, as they do issue large enough amounts of bonds to profit from economies of scale. However, they still don't. Imagine now smaller firms.

It didn't. Even with industrial might of Nazi Germany they didn't escape scarcity.

Not all loans are payday loans.

national capitalism

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I'm okay with government run banks that treat credit like a public utility. Having an economy centered around a nonproductive enterprise seems incredibly fucking stupid. If I were going to allow loans on interest at all it would probably only be for business purposes.

I would argue that that amount of interest is injurious to the working class and moves wealth up the ladder (in the wrong direction). I mean, really, where else can you double your money just by having it? Key to my plan is to pay extra towards the principal to keep (them) from getting all that interest out of me. Anyway, imagine if everyone's mortgage was reduced by 1/3. The economy would soar, and I'm sure all the doom and gloom about this country being in so much debt would rapidly fade

Hitler taxed the corporations . They sided with Hitler to rebuild Germany.. Corporate America is a separate entity from America . They are not patriotic . Patriotism = Nationalism

combination of free market and nationalization depending on the industry. a single state-sponsored union to redress grievances of workers in the workplace. state-capitalism.

This. Exactly.

>labor theory of value
Retarded

>corporations generated their wealth through their products, rather than the amount of trade they could partake in
The difference being what?

>Internationally, a barter system was used, trading product for product; service for product; or product for service.
The advantage being what?

For what i know it had 2 distinct economic parts.
The first nazi germany economy was some state capitalism with corporatism, lots of government subsides, focused in exports in parts industry(tools) and manufactured machines (cars), There is a technical name for these industries but a cant remember, but also in fortification of the intern market. It depended of imports from Brazil, soviet union and some other markets with base industries (mineral extractions and raw parts). I do not know how the monetary system worked tough.
The second part was the war economy with heavy state economic control and government subsides, and mass slavery, pillage.
That what i remember, but i recommend checking it out.

Its long since time that the government occupied itself with the plight of the people/workers and not the plight of the financiers. Poor bankers lol

All I’m saying is, if I’m offered the choice to lend you 100 grand and wait 30 years to even see a 100% profit or spend that 100 grand playing the markets, I’d probably choose the markets as the potential for return is much, much faster. Mortgage lending is acually a pretty slow and drawn out conservative way to make money in general.

At the very least in a usury-free system you’d still need credit scores, because what mechanism is there to stop a deadbeat from borrowing a ton of money from the state bank and never paying it back. Debtor’s jails? I think I’d take bankruptcy in a usury system over a prison sentence any day. You need to be able to filter out borrowes who can actually pay the money back somehow.

>retarded
Why? The wealth of the nation was based on what was actually produced. More people working = wealthier nation. My nation's wealth currently does not depend at all on how many people are working or happy, it seems to more depend on how much debt everybody can accumulate.

>The difference being what?
Corporations creating wealth based on arbitrary notions of allocated credits (like banks do), businesses buying and selling interests in other businesses while adding nothing to the economy or people's lives (like brokers do) or existing for the mere purpose of advertising space (like the media networks). It would mean that a company who could efficiently produce products of good quality were justly rewarded, and not at the mercy of shareholders or advertisers. In a lot of ways, it actually allows a true free-market economy to emerge.

>The advantage being what?
No global finance. No IMF. No World Bank. Poor countries could trade with rich ones without barriers, and no (((international entity))) was profiting, only the businesses based in each country.

Interest sounds but only if you’re retarded and don’t know how it works. When you give someone a loan you can’t use that money for other things while it’s tied up in this asset. Interest gives people an insensitive lend money because they can make money buy doing it. For there was no interest people would just use their money for their own personal gain instead of giving it to someone else. Plus interest helps counter act inflation. If I give you 10,000 today and you pay me back 10,000 next your that 10,000 we’ll have less value due to inflation.

You can tell that its shit just by the way that they dont tell you the effective interest rate of 100%...they engage in mad subterfuge and call it 5.25%. If theres nothing to hide, just lay the truth out there! Yeah, I know how compound interest works...just a way to hide the true facts...like my pound of coffee is 5.98. Really? Everyone knows it's 6 bucks. Just be fucking honest.

Ok...10k plus 3% per year inflation, plus a flat fee. And not for nothing, but in a fiat currency economy like ours the argument about the money being tied up falls flat...they just print more.

>Can some one give me a basic understanding of how the Nazi economy worked.

Yes- just like China's. China is national socialist.

Pretty much a lot like modern Germany's economy I think.
Pretty sure they had a welfare state as well
It was good you know

Keynesianism with German characteristics.

And they had good technologies too
The lenses of all kind for microscopes, scopes, sights, binoculars, anything really was state of the art
Luke today, they were making a lot of good stuff

>welfare state?
didn't they just execute people that couldn't contribute to society or is that a jewish lie

I don't know. Pretty sure there was a program for euthanizing people with serious mental disabilities but I don't know much about it.

This just sounds like capitalism with extra steps minus the benefits of market competition.

I was based on sovereign money. When a government is able to create it's own money, it can utilize the unused capacity that free market are unable to deliver. In other words, it creates demand driving economy, where the only limit to growth is that demand.

this. Essentially they ran the same as the modern German economy except instead of exporting their excess productivity as Germany does today, they channeled it into military conquest and force development. From what I can gather Hitler had no issue with private enterprise, as long as that enterprise did not contradict the interests of the nation or state. So no making movies about race mixing, I guess.

No lol. They had plenty of very leftish policies. Social welfare, environmental regulations, lots for workers rights (they were the first to implement a 40 hour work week)

This is true. They incentivized breeding for people that were considered to have superior genetics, and disincentivized breeding for those who weren't (mental retardation, etc)

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No, Hitler didn't borrow money. Borrowing money from filthy rich bankers is the essence of Keynesianism. This is why the (((international bankers))) unleashed the Second World War against the Reich.

See
There is still market competition. If you can't provide labour to enrich people, you're not going to be able to compete. It changes the competition from "who can be the jewiest and make more money/streamline operations the most" (which has got us nowhere and allowed industry to be shipped offshore) to "who can provide the most infrastructure in which people can be productive and make a life for themselves".

And just to add to
>No global finance. No IMF. No World Bank.
All these (((global finance))) institutions do is syphon wealth from affluent nations and redistribute it. Mainly to their own pockets, but also to countries that either do not deserve it or are in a mess because of their own (((banking elite))) (see the financial collapse in 2008).

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also this

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They borrowed plenty of money.

No. They created capital through a labour-based monetary system. They printed their own money.

It got outproduced by fucking communism, that's all you need to know

The communists were backed by the West. The US and UK in particular gave money, materials, factories and weapons/vehicles of war to the Soviets. It's disingenuous to make the comparison, given the scale of the war they were fighting and the outside influences of the other countries involved.