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When the regime wanted additional industrial capacity or resources for the military economy which the private sector could not provide, it was create… - Richard Overy
" "When the regime wanted additional industrial capacity or resources for the military economy which the private sector could not provide, it was created (or conquered) by the state… during the Third Reich state ownership expanded into the productive sectors, based on the strategic industries, aviation, aluminum, synthetic oil and rubber, chemicals, iron and steel, and army equipment. Government finances for state-owned enterprises rose from RM 4,000m in 1933 to RM 16,000m 10 years later; the capital assets of state-owned industry doubled during the same period; the number of state-owned firms topped 500.
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About Richard Overy
Richard James Overy (born 23 December 1947) is a British historian who has published extensively on the history of World War II and the Third Reich. In 2007 as The Times editor of Complete History of the World he chose the 50 key dates of world history.
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Richard James Overy
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R. J. Overy
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Additional quotes by Richard Overy
Some big businessmen did contribute to the Nazi election funds but German capitalism cannot be regarded, on the evidence, as having collectively brought fascism to power in any direct sense. Fascism in Germany was a mass movement brought to power through collusion with a bankrupt but traditional elite, not as the puppet of big business.
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