The Wages of Destruction: Difference between revisions

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* [[Right for the Wrong Reasons]]: When Hitler's Jew paranoia was stripped away, Tooze notes Hitler did have many salient and relevant observations about the economy, albeit even this was through a heavily slanted lens aimed at Hitler's specific long-term objectives.
* [[Pyrrhic Victory]]: The Nazi regime initially wanted to encourage Jewish emigration and did just that early on. Unfortunately, economics made the victory a pointless one. To secure a visa for a foreign nation, the Jews who left had to be allowed to leave with enough hard currency to purchase one, which directly contributed to massive drain on the Reichsmark reserves of the German banks, which they could not afford since during the period of 1933-34 especially, they were teetering on utter bankruptcy, so the victory was not only hollow, it even became a bigger problem than the solution by ultimately reducing emigration.
** Conquest was not the cure-all for German resource issues, simply because to make good use of the conquered areas, they were forced to divert resources to managing them alongside Germany. Long-term, excellent management could have paid dividends, but they wanted results immediately and were forced into drastic measures to achieve something remotely equally economic parity.
* [[Sadistic Choice]]: The Germany economy in the 1930s constantly hovered between one. Either scrap rearmament and provide more for the consumer sector, or keep rearmament going and bank on conquest filling in the blanks of the consumer economy and risk the utter collapse of the standards of living prior.
* [[Social Darwinism]]: Hitler utterly believed in this in regards to economics. Tooze sums it up rather nicely with: