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The old type of capitalist who adheres to the traditional concepts of property rights is doomed to failure under fascism. - Günter Reimann
" "The old type of capitalist who adheres to the traditional concepts of property rights is doomed to failure under fascism.
English
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About Günter Reimann
Hans Steinicke (November 13, 1904 – February 5, 2005), better known by his pen-name Günter Reimann, was a German-born economist and writer. He was noted as founder and editor of International Reports, a New York-based weekly publication he created in 1947 and sold to the London Financial Times in 1983, and author of The Vampire Economy (1939) about what he described as the onerous business policy of the National Socialist German Workers Party and its disastrous effects on the German economy. Prior to World War II, Reimann was a member of the Communist Party of Germany and at the forefront of the underground resistance to Adolf Hitler within Nazi Germany.
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Additional quotes by Günter Reimann
Whereas in democratic countries the businessman may use his money to influence legislation and public opinion and thus operated as a source of power and corruption, in fascist countries he can exist only as the subject upon whom State power operates. The corruption in fascist arises inevitably from the reversal of the role of the capitalist and the State as wielders of economic power.
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