“Believed the labor theory of value” the nazis literally thought marxism was a jewish conspiracy… for fucks sake the term privatization was literally coined to describe what Hitler was doing with the German economy. the nazis essentially invented it.
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Anonymous#44w
The labor theory of value and socialism predate Marx. Marxism is far from the only flavor of socialism.
They used the word privatization, but it’s a bit of a misnomer. Those entities were not private in any substantive way.
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Anonymous#34w
you’re not getting it. privatization was defined as a concept based on what the nazis we’re doing. and yes those entities were… the nazis turned over government owned banks and the like to private hands.
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Anonymous#44w
Those “private” banks were fully controlled by the nazi party. They weren’t private in any real sense.
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Anonymous#34w
yes because the people it handed to were loyal to the nazis… because fascism is literally the union of state and corporate power. privatizing government assets and giving them to your friends… is privatization