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The Vampire Economy

  • The Vampire Economy
February 13, 2007

Tags World HistoryInterventionism

Here is a study of the actual workings of business under national socialism. Written in 1939, Reimann discusses the effects of heavy regulation, inflation, price controls, trade interference, national economic planning, and attacks on private property, and what consequences they had for human rights and economic development. This is a subject rarely discussed and for reasons that are discomforting,: as much as the left hated the social and cultural agenda of the Nazis, the economic agenda fit straight into a pattern of statism that had emerged in Europe and the United States, and in this area, the world has not be de-Nazified. This books makes for alarming reading, as one discovers the extent to which the Nazi economic agenda of totalitarian control — without finally abolishing private property — has become the norm. The author is by no means an Austrian but his study provides historical understanding and frightening look at the consequences of state economic management.


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References

New York: Vanguard Press, 1939