Within a month of taking control of the German government, the Nazis suspended constitutional guarantees of the inviolability of private property. Pr… - Richard Pipes

Both Fascist Italy and Nazi Germany did indeed allow—or, more accurately, tolerate—private property. However, it was ‘property’ in a peculiar and very restricted sense—not the virtually untrammeled private ownership of Roman law and nineteenth–century Europe, but rather conditional possession, under which the state, the owner of last resort, reserved to itself the right to interfere with and even confiscate assets which in its judgment were unsatisfactorily used.

Aristotle argues, possessions enable men to rise to a higher ethical level by giving them the opportunity to be generous: ‘liberality consists in the use which is made of property’—an argument which would greatly appeal to Christian theologians of the Middle Ages. Aristotle’s preferred regime was one founded on a middle class, with an equitable distribution of assets.

On the eve of its coming to power, industrial workers composed nearly one-third of the Nazi Party membership and constituted its largest occupational groups. The party adopted the Red Flag, declared May 1 a paid national holiday, and required its members to address one another as Genossen or ‘comrades.’