Whether in Bolshevism, Fascism, or Nazism, we meet continually with the forcible and ruthless usurpation of the power of the State by a minority draw… - Wilhelm Röpke

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Whether in Bolshevism, Fascism, or Nazism, we meet continually with the forcible and ruthless usurpation of the power of the State by a minority drawn from the masses, resting on their support, flattering them and threatening them at the same time; a minority led by a charismatic leader and brazenly identifying itself with the State. It is a tyranny that does away with all the guarantees of the constitutional State, constituting as the only party the minority that has created it, furnishing that party with far-reaching judicial and administrative functions, and permitting within the whole life of the nation no groups, no activities, no opinions, no associations or religions, no publications, no educational institutions, no business transactions, that are not dependent on the will of the Government.

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About Wilhelm Röpke

Wilhelm Röpke (October 10, 1899 – February 12, 1966) was a German economist and social critic, best known as one of the spiritual fathers of the social market economy. A Professor of Economics, first in Jena, then in Graz, Marburg, Istanbul, and finally Geneva, Switzerland, Röpke theorised and collaborated to organise the post-World War II economic re-awakening of the war-wrecked German economy, deploying a program sometimes referred to as the sociological neoliberalism (compared to ordoliberalism, a more sociologically inclined variant of German liberalism).

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Alternative Names: Wilhelm Roepke
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Additional quotes by Wilhelm Röpke

The total weight of taxation, progressive personal taxes hostile to the accumulation of wealth, the "negative saving" of hire purchase, and, above all, the constant expansion of the Welfare State, which undermines both the will and the power of the individual to practise thrift, are the principal forces militating against savings, and accordingly the immediate causes of constant inflationary pressure.

All these peculiarities of the structure of modern tyranny, whose ugliest and extremest form was Nazism, are marked by the entire dissolution of the values and standards without which our society, or any other, cannot exist in the long run: a pernicious anaemia of morality, a cynical unconcern in the choice of means, which in the absence of firm principles become ends in themselves; a nihilistic lack of principle, and, in a word, what may be described literally as Satanism and Nihilism. Everything rots away, and finally there remains only one fixed aim of the tyranny, to which all moral principles, all promises, treaties, guarantees, and ideologies are ruthlessly sacrificed—the naked lust for domination, for the preservation of the continually threatened power, a power held on to for no other purpose than the continued enjoyment of all its fruits. […] All the ideals and emotions blatantly appealed to—social justice, national community, peace, religion, family life, welfare of the masses, claims in the international field, the return to simpler and more natural forms of life, and so forth—prove as a rule to be nothing more than crudely-painted inter-changeable boards for the staging of mass propaganda.

It is impossible indeed not to look with considerable uneasiness at the type of the "modern economist" as he developed after Keynes' revolutionary book, whom Keynes himself regarded with alarm at the end of his days. It is the type of man who is obsessed by one thing, i.e. "effective demand," which he thinks must be kept up at whatever cost, while he forgets the working of the mechanism of prices, wages, interest and exchange rates.

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