When one remembers that the word "Nazi" was an abbreviation… - George Reisman

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When one remembers that the word "Nazi" was an abbreviation for "der Nationalsozialistische Deutsche Arbeiters Partei" — in English translation: the National Socialist German Workers' Party — Mises's identification might not appear all that noteworthy. For what should one expect the economic system of a country ruled by a party with "socialist" in its name to be but socialism?

George Reisman

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About George Reisman

George Gerald Reisman (born January 13, 1937) is an American economist and political author.

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Ludwig von Mises L.K. Samuels Richard Overy John T. Flynn Fritz Thyssen

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What specifically established de facto socialism in Nazi Germany was the introduction of price and wage controls in 1936.

The identification of Nazi Germany as a socialist state was one of the many great contributions of Ludwig von Mises.

The requirements of enforcing a system of price and wage controls shed major light on the totalitarian nature of socialism — most obviously, of course, on that of the German or Nazi variant of socialism, but also on that of Soviet-style socialism as well.

When one remembers that the word "Nazi" was an abbreviation for "der Nationalsozialistische Deutsche Arbeiters Partei" — in English translation: the … - George Reisman

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