New Discourses Bullets, Ep. 136
When it comes to economic organization (not necessarily political organization), we might be tempted to ask why it is that Fascist economies don’t work. It seems like they might, after all, once you understand that they still enable what might be called a “deferred free enterprise” system, allowing for the profit motive after the government gets its own. In this episode of New Discourses Bullets, host James Lindsay (featuring a post by Logan Lancing) dives into the problem with Fascist (Stakeholder) economic models on a variety of levels, using both economic theory and historical and contemporary examples to make his point. Join him to understand why we should not readily embrace such a model for ourselves.
Additional episodes of New Discourses Bullets can be found here.
Subscribe to New Discourses Bullets on SoundCloud, Apple Podcasts, Spotify, Amazon Music, Pandora, YouTube, Rumble, Odysee or by RSS.
1 comment
James, I highly recommend “The Vampire Economy: Doing Business under Fascism” by Gunter Reimann (a pen name, real name was Hans Steinicke), a German economist and writer who fled to London and published this in 1939.
A PDF of the book is available here: https://mises.org/library/book/vampire-economy
As the website states: “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… 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.”