German economist and politician (1883-1941)
Gottfried Feder (27 January 1883 – 24 September 1941) was a German civil engineer, a self-taught economist, and one of the early key members of the Nazi Party and its economic theoretician. It was one of his lectures, delivered in 1919, that drew Adolf Hitler into the party.
Bio from: Wikiquote (CC BY-SA 4.0)
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But the capitalist idea of profitability actually becomes an economic nonsense in the branches of our economy that today rule everything, in the banking and stock-exchange system. The fact of the ruling position of the banks proves most strikingly the economic senselessness of the capitalist idea. With the ‘productions’ of the banks and stock-exchanges never yet has a child been fed, never yet has a freezing person been clothed, in general never has even the smallest requirement that is necessary for life been supplied.
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Mammonism is the unlimited hypertrophy of the — in itself healthy — human drive for acquisition. Mammonism is the lust for money grown into a madness, which knows no higher goal than to pile money on top of money, which seeks with unequaled brutality to coerce all forces of the world into its service, and must lead to the economic enslavement, to the exploitation of the work-potential of all peoples of the world.