I read 2 non-fiction books at my cottage in Canada last month, which is 1 below my average. (The weather was nicer than average.) One was The Nazi Officer’s Wife: How One Jewish Woman Survived the Holocaust. The author is Edith Hahn Beer with Susan Dworkin.
I’ll post at least twice on the content that caught my economist’s eye. I see economics everywhere.
Here’s an interesting discussion about how the Nazis propagandized against wealth that relatively prosperous Jews in Austria had acquired:
The Nazi radio blamed us for every filthy evil thing in the world. The Nazis called us subhuman and, in the next breath, superhuman; accused us of plotting to murder them, to rob them blind; declared that they had to conquer the world to prevent us from conquering the world. The radio said that we must be dispossessed of all we owned; that my father, who had dropped dead while working, had not really worked for our pleasant flat—the leather chairs in the dining room, the earrings in my mother’s ears—that we had somehow stolen them from Christian Austria, which now had every right to take them back.
Did our friends and our neighbors really believe this? Of course they didn’t believe it. They were not stupid. But they had suffered depression, inflation, and joblessness. They wanted to be well-to-do again, and the fastest way to accomplish that was to steal. Cultivating a belief in the greed of Jews gave them an excuse to steal everything the Jews possessed. (pp. 56-57)
READER COMMENTS
Craig
Aug 23 2024 at 2:05pm
“Did our friends and our neighbors really believe this? Of course they didn’t believe it. ”
Many believed Dolchstosslegende.
“the fastest way to accomplish that was to steal”
Hmm, I’m told I’m weird now.
David Seltzer
Aug 23 2024 at 2:38pm
Craig: The “stab-in-the-back” myth was propaganda to cover the German Army’s inability to exceed in war. I still hear, “Jews run the world.” “Jews control the world and all the banks.” So many failed individuals utter to those moronic statements to avoid the truth.
BTW. I suspect you not weird.
BC
Aug 24 2024 at 2:23am
“I still hear, ‘Jews run the world.’ ‘Jews control the world and all the banks.'”
I’ve heard the same about corporations and grocery prices…
Max Molden
Aug 24 2024 at 12:20pm
Craig, I think there’s a significant difference here, corresponding to two different levels.
The first level is that of everyday life: the neighbours who know you reasonably well and how you acquired your fortune etc. And, more generally, knowledge about how everyday people lived and what they did. It is on this level, the author claims, that people did not really believe the Nazi propaganda, even though they happily followed suit.
When you refer to the Dolchstoßlegende, this is a second level. Here, it is much more abstract and about happenings that are far away from everyone’s personal life. To believe in this legend is then, I believe, categorically distinct from believing that everyday Jews unfairly got wealthy etc. And this implies that you can believe in the Dolchstoßlegende or (what I take to be another myth) the unfairness and harshness of the Treaty of Versailles, while you do not believe that normal Jews unfairly got their apartment etc.
Let me add that noting this difference, I am not sure whether people didn’t believe that everyday Jews were greedy and malicious and had unfairly gotten what they had.
Richard W Fulmer
Aug 23 2024 at 4:01pm
The parallel to the current American populist war on the wealthy is stark: “The rich are greedy and are rich only because they stole from you.”
steve
Aug 23 2024 at 7:30pm
Seems pretty different to me. It was OK for Aryan Germans to be rich. It was the need, common among fascists, to “other” an out group(s) along with glorifying or recognizing as superior the in group. People have written entire books on how the German industrialists supported Hitler and he in turn helped make them richer. Probably helped when you could staff your labor with people you didnt have to pay from the concentration camps.
https://archive.ph/ZeaqT
Steve
Richard W Fulmer
Aug 24 2024 at 3:55pm
Expanding the scope of the villanization is a difference of degree, not of kind. Bernie Sanders, for example, routinely condemned all millionaires and billionaires. (At least, until he became a millionaire. After that he narrowed his target area to billionaires.)
Jim Glass
Aug 25 2024 at 1:51am
American populists idolize the rich. Two words: Trump and Elon. Also look at the populist mobs marching around the high walls protecting Bezos, Buffett, Zuckerberg, Gates hiding inside their estates … oh, wait, those guys are constantly out on talking tours for fawning profiles in People Magazine and across the media. Well, we have the mobs marching through Beverly Hills protesting against the deca-millions annual pay of Adam, Margo, Tom, Ryan — no, they’re all worshipped by the masses. But we’ve certainly got the working classes protesting the deca-million salaries given to uneducated jocks in their 20s playing kids games — yes! protesting that team owners don’t pay them even more to get better rosters!
So … what “populist war”?? Bernie Sanders tilting at windmills? Even he supports the Powerball lottery, which regularly creates mega-millionaires out of people who do literally nothing to deserve it. With advertisements aimed at the populists everywhere, “You have to play to win!”
American populists love rich people, admire them and want to be them. That’s how Tom Brady got paid $55 million for spending 60 hours of his time shilling a crypto scam to populist rubes. (Hey, there’s a rich guy who actually did get richer at the cost of others — but populists love Tom, nobody’s going to war with him!)
Comparing all this to what the Nazis did to the Jews is simply beyond absurd … and not a few would consider it seriously offensive.
David Seltzer
Aug 25 2024 at 4:05pm
Jim: wrote, Powerball lottery, which regularly creates mega-millionaires out of people who do literally nothing to deserve it. When did you become the arbiter of who deserves to be wealthy? What about those who took risks, toiled and ultimately failed. Did they deserve that outcome? Just sayin man!
Jim Glass
Aug 28 2024 at 3:47am
David, if you read my comment again you won’t find *one word* of me saying *I* believe anybody doesn’t deserve anything. I wrote…
Bernie Sanders … supports the Powerball lottery, which regularly creates mega-millionaires out of people who do literally nothing to deserve it.
This was mocking Bernie’s hypocrisy. Bernie has repeatedly, publicly said that CEOs of Fortune 500 corporations (not to mention the likes of Bill, Jeff, Warren, Elon) don’t do enough to deserve their exorbitant pay packages which produce their ‘unearned’ inequality-increasing wealth — yet he supports lotteries which drop mega-millions of wealth on people who by his standards do nothing at all to earn and deserve it. I presumed readers were aware of Bernie’s statements. If not so, my bad.
BTW, are you counting lottery winners among those who “take risks and toil” hoping to earn their mega-millions? Just asking. They take risks all right, of the innumerate sort, but as to that “toil” … when I visit my local pub there are always regulars toiling away at the state-lottery ticket selling machine. Sales go up with inebriation. I’ll get back to that…
And since you bring it up, I have no problem at all saying that *many* people in this world don’t deserve the wealth they have. Russia’s criminal oligarchs who looted their state — and the many other state-looting oligarchs in countries all around the world, they don’t deserve it. As a long-time NY lawyer I’ve seen many people use power to extort wealth out of others, they don’t deserve it. There have been a lot of investment fraudsters who got away with it like Bernie Madoff in the end didn’t — they don’t deserve it. As a long-time NYC sports fan I’ve seen decades of teams reap league-bottom W-L records while paying league-top payrolls to players who didn’t deserve it!!! (The Mets are in the midst of paying Bobby Bonilla $1.2 million annually until 2035 for the 2000 season, in which he didn’t play because he was cut before it started — every July 1 Mets fans celebrate “Bobby Bonilla Day”.) Examples of the undeserving are a multitude.
Now, state lotteries. They are a noxious scam imposed by Leviathan on the poor. (Who says the political parties can’t agree when they share an interest?) The quickest look at the data shows they extract $29 billion annually, overwhelmingly from the poorest communities, with an expected loss of 35% to 50% per ticket, on the strength of a half billion $$$$ of state advertising annually which is so misleading it would be absolutely illegal for a private business, and of locating lottery sales where the most vulnerable and addicted to gambling concentrate (like the dive bars where I hang out). Plus, while lotteries are always advertised as supporting “education” or whatever, studies show they in fact support politicians’ favorite pork projects. Money is fungible, so when lottery money goes to schools other money that would have gone to the schools is freed to spend on pork. It’s a shell game.
Lotteries are a governmental cancer intentionally exploiting the poor under totally false pretenses. Libertarians should hate them, IMHO. That a criticism of state lotteries should instead incite a libertarian-thinking person to righteously rise to defend them in the name of some sort of Freedom to Get Rich, or whatever, gee, I dunno about that.
Monte
Aug 23 2024 at 5:03pm
“The people can always be brought to the bidding of the leaders. This is easy. All you have to do is tell them they are being attacked and denounce the pacifists for lacking patriotism and exposing the country to danger. It works the same in any country.” – Hermann Goring
Tom
Aug 23 2024 at 6:58pm
This has been very well documented by Götz Aly in “Hitler’s Beneficiaries” (Hitlers Volkswagen). This review mischaracterizes Aly a bit, but it offers a hint of what is in the book. (The discussion of control of the central bank and the issuance of RKK notes is especially interesting.) https://www.nytimes.com/2007/02/18/books/review/Herzog.t.html?smid=nytcore-ios-share&referringSource=articleShare
Jim Glass
Aug 25 2024 at 2:20am
Yes. This book.
The Nazis were a finance-by-looting regime. First the Jews and domestic enemies at home, then their neighbors abroad. They had to start the war when they did because the war economy Adolf adopted in 1933 was driving them bust by 1940, forcing them to loot their neighbors to stay afloat financially, resources-wise, and militarily. (E.g,: Invading France in 1940 using a couple hundred top-quality Czech tanks that the French had bestowed upon them by betraying the Czechs at Munich in 1938.)
For the full big picture of the Nazi economy see Adam Tooze’s Wages of Destruction.
Felix
Aug 26 2024 at 9:57pm
You might also like The Vampire Economy by Gunter Reimann, published either slightly before or just after the Sept 1 1939 invasion of Poland. Mises.org has a PDF and EPUB for download. It’s not clear to me who he was; once description called him a Communist who valued private property. But the book has fascinating accounts of Nazi stupidity for their planned economy.
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