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🔗 Source: piketty.pse.ens.fr
📊 Size: 713 KB
📄 Pages: 28 pages
⬇️ Downloads: 188

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Christoph Buchheim and Jonas Scherner's article "The Role of Private Property in the Nazi Economy: The Case of Industry" examines the role of private property in the Nazi economy, challenging the common assumption that private property was merely nominal. Despite the state's significant influence on the economy through regulations and interventions, firms still had considerable autonomy in production and investment decisions. The Nazi regime did not nationalize private firms, and instead, relied on private companies to execute state orders, paying them substantial profits. The authors explore the reasons behind the regime's decision not to nationalize industry, considering the relationship between the state and industry during the Third Reich. They discuss various interpretations of this relationship, including the "primacy of politics" and the "alliance between the party and big industry," and argue that the regime's respect for private property was motivated by its belief in the importance of incentives for increasing efficiency.

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Christoph Buchheim and Jonas Scherner's article "The Role of Private Property in the Nazi Economy: The Case of Industry" examines the role of private property...

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  • File Format: PDF
  • File Size: 713 KB
  • Pages: 28
  • Language: EN
  • Total Downloads: 188
  • Last Updated: 3 weeks ago

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