Not surprisingly, some of the first measures enacted after the Nazis came to power were aimed at alleviating the threat, felt by the majority of Germ… - Götz Aly

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Not surprisingly, some of the first measures enacted after the Nazis came to power were aimed at alleviating the threat, felt by the majority of Germans in the wake of the Depression, of eviction and repossession. Several early Nazi laws restricted the right of creditors vis-à-vis debtors so as to prevent ‘the impoverishment of the [German] people.’ The 1938 Old Debt Eradication Law invalidated hundreds of thousands of titles to collectible debts. The Law for the Prevention of Misuse of Repossession, passed in 1934, was directed against what was seen as the ‘nearly unlimited freedom enjoyed by creditors’ in the past.

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About Götz Aly

Götz Haydar Aly, (born 3 May 1947) is a German journalist, historian and political scientist.

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Alternative Names: Götz Haydar Aly
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Such material benefits suggest how the regime maintained its popularity during the war. Indeed, concern for the people’s welfare—at any cost—was a mark of the Nazi system from its inception. Between 1933 and 1935, the leadership owed its domestic support to its efficient campaign against unemployment. However, the regime succeeded in combating joblessness only by incurring a fiscally irresponsible level of state debt. Later the regime would require a not particularly popular war to keep government finances afloat.

The policy of plunder was the cornerstone for the welfare of the German people and a major guarantor of their political loyalty, which was first and foremost based on material considerations. The unshakable alliance between the state and the people was not primarily the result of cleverly conceived party propaganda. It was created by means of theft, with the spoils being redistributed according to equalitarian principles among the member of the ethnically defined Volk.

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