But the capitalist idea of profitability actually becomes an economic nonsense in the branches of our economy that today rule everything, in the bank… - Gottfried Feder

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But the capitalist idea of profitability actually becomes an economic nonsense in the branches of our economy that today rule everything, in the banking and stock-exchange system. The fact of the ruling position of the banks proves most strikingly the economic senselessness of the capitalist idea. With the ‘productions’ of the banks and stock-exchanges never yet has a child been fed, never yet has a freezing person been clothed, in general never has even the smallest requirement that is necessary for life been supplied.

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About Gottfried Feder

Gottfried Feder (27 January 1883 – 24 September 1941) was a German civil engineer, a self-taught economist, and one of the early key members of the Nazi Party and its economic theoretician. It was one of his lectures, delivered in 1919, that drew Adolf Hitler into the party.

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Additional quotes by Gottfried Feder

But for National Socialism with this demand for social justice stands and falls the question of destiny for the German people, whether the German people can find its way to a noble nation, or whether it will eke out a miserable life in degradation and corruption as a fellaheen nation.

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