Dan: The National Socialists (Nazis) were Socialist, not right wing. See following:
“The Nazis: Right Wing Extremists or National Socialists?
It has become conventional wisdom to characterize Nazi Germany as an extreme “right wing” or “conservative” reaction against communism. There is no doubt that Hitler hated communism, which he saw as a Jewish conspiracy. Hitler blamed the Reichstag fire, which most historians suspect him of orchestrating himself, on Jewish communists. Hitler’s book, Mein Kampf (My Struggle), contains page after page of Hitler railing against the lies and the evils of communism. Does that make Hitler a “right wing conservative?” If by “right wing conservative,” we mean that he was an advocate of free markets, property rights, low taxes, and low regulation, then definitely he was not. The name “National Socialist” should be some indication of what Hitler’s economic policies were, and the plain facts of history bear that name out. Nevertheless, the Nazis are almost universally regarded as “right wing conservative extremism,” a misconception with more ominous ramifications than are obvious at first glance.
Investigation and analysis are not really needed to determine whether Nazi Germany operated under a capitalist, free market system or a socialist one. The economy was centrally planned, with wage and price controls imposed by the Goering, under the threat of concentration camp imprisonment.(1) Hitler sought foreign investment in manufacturing the Volkswagen, but because he sought companies that would not seek to make profits on the “people’s products,” American manufacturers GM and Ford dropped out of the project.(2)
When the Nazi’s came to power, unemployment was nearly 30%.(3) One of Hitler’s stated goals was to eliminate unemployment by 1939, a goal he proclaimed he met when the official unemployment rate fell under 1% that year. However, those statistics are somewhat deceiving when you consider that the Nazi’s forced women and Jews to quit their jobs and were subsequently not counted as unemployed, while unemployed German men replaced them.(4) The balance of the unemployed were absorbed into massive new government works projects to build steel plants, rubber factories, and other capital goods projects, funded by inflating the German currency that was now off the gold standard.(5)
The central planning and control did not stop at the macro level, but reached down into the life of each individual German. The right to quit your job was abolished in 1935, with consent from your previous employer required to accept another job. Trade unions were abolished, and investment was heavily regulated to serve the needs of the state rather than to encourage profit. Heavy taxes on profits made private ownership of companies virtually impossible. While the largest companies were not taxed on profits, they were so heavily controlled that they were privately-owned in name only.(6)
While the unemployment rate was made to look low by simply excluding the people that didn’t have jobs, nothing about the Nazi economy was truly sustainable. You can manipulate statistics for a while, but sooner or later reality will prevail. However, like the languishing American economy (itself suffering from the effects of the socialist New Deal), the German economy found temporary new life in building its war machine. The last of the recognized unemployed were now put to work, with the printing press of Germany’s central bank ready to provide whatever liquidity was needed. The inevitable consequences of inflating the currency were postponed once the war began, as Germany merely plundered the gold to back at least a portion of this new money from the countries they conquered.
In The Road to Serfdom, Friedrich Hayek addressed the very issue of whether the Nazis were a right wing or left wing movement. His thesis was that not only were the National Socialists every bit as socialist as their name, but that they were the natural result of socialism itself. Hayek warned his present-day England that they were traveling down the same “road to serfdom” that Germany had traveled decades before, and that he feared that socialism in England would lead to the same horrors there that it had lead to in Germany – that socialism MUST lead to wherever it is practiced.(7)
So, in terms of economic policy, the Nazis were every bit the “National Socialists” that their name suggested.”
And I’m not using the above to suggest that the right wing or the religious have not had their part in wars, death and oppression, simply that the Nazis were not right wing.
