Reddit reviews Vampire Economy: Doing Business Under Fascism
We found 4 Reddit comments about Vampire Economy: Doing Business Under Fascism. Here are the top ones, ranked by their Reddit score.
Since you've actually gone to the subreddit I'll take your word for what you have read, I was looking at articles written about the alt-right and basing my assessment on that.
However, really quickly on your assertions
>That's most definitely not nazism.
>That one actually isn't either.
regarding the Nazi economic system I'm just wondering where you might have learned such inaccuracies? Is there a particular source you are drawing you knowledge from?
Were you referencing the The 25-point Program of the NSDAP which states:
You found these statements to be in line with what you imagine to be a Capitalist system?
Maybe you might want to read Hitler, 1889-1936: Hubris, by Ian Kershaw to learn a little more about the centralization of agricultural policy and nationalization of German industry during rearmament.
I was able to access this using my University login if you have the ability you might check out this also-The Economic Doctrine of National Socialism by Emil Lederer
Or War and Economy in the Third Reich by R. J. Overy
to learn about:
Or Richard J. Evans's The Third Reich in Power, 1933-1939 to learn:
Or Hitler’s Beneficiaries: Plunder, Racial War, and the Nazi Welfare State by Götz Aly:
Or Günter Reimann's The Vampire Economy: Doing Business Under Fascism:
The sources are from the class I took last year "Origins Of Nazism" taught by Anne Berg at the University of Michigan, I can include more if you would like to read some more.
He did it by using savings, capital, and investment up when it would have been used for more productive means. Germany was on track for recovery by time he took power. Even without war he would have run the economy into the ground in a few short years. I highly recommend reading vampire economy. It was written from the perspective of business owners during nazi Germany.
http://www.amazon.com/Vampire-Economy-Doing-Business-Fascism/dp/161016038X/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=&sr=
>It's also very different from laissez-faire capitalism as I understand it.
I don't see how. It's like the difference between having a team of accountants upstairs doing your actuarial and accounting work for a bank in the 1800's versus having a computer that does all of that automatically in the 2000's.
It's something we always could've done, but now it's automated in such a way as to be possible in the regular course of business, making our existing capital systems more efficient, productive, and cost-effective.
> Note you don't say that such a thing wouldn't be possible, just that it's not a planned economy. Well, maybe not like a 20th century one.
A planned economy always means planned from the center by government, so the term is being misused by you and Ma.
>Lurkers might like this journal article from some Chinese economists including the Marxist economist Binbin Wang on the possibilities of using big data for 21st century planning.
The Chinese think they've discovered some new way of running a country that's better than how the West does it, because they've experienced 7%+ growth rates for a few decades now.
But they are fooling themselves, and it's easy to be thus fooled when you produce a track record like that. What's actually occurred, without them being honest enough to admit it to themselves and to the world, is that China was very backwards economically and began developing quickly only once communist central-planning was ended with the death of Mao and the communist leaders opening up to free market reforms through the reunification with Hong Kong and copying the HK societal model by creating dozens of special economic zones all over China. 40% of Chinese live in these SEZs, and they are what has created the 'Chinese economic miracle', actually a miracle of free market capitalism produced by the Chinese deciding to give limited economic freedom where before there was none. They restrained themselves, and then imagined themselves to be geniuses at running a country.
Their ideas are also based in part on Cheng Enfu who is the head of the Academy of Marxism at the Shanghai University of Finance and Economics. This is how Cheng describes the Chinese economy:
That's a nice quote, it nicely captures the way in which the socialist economists of China have rationalized their integrating relatively free markets into socialism, while creating a justification for the continued central control and priority of the socialist party above it all.
In actual fact, the only thing the Chinese have actually done is reinvent a new form of socialist-style economic fascism that was introduced by the Italian fascists and also utilized by Nazi Germany, of limited private ownership combined with primary control of all capital by the singular state central party, exactly as the fascists in Italy and Germany did.
Nothing new, and it was not some miracle economy. The same kinds of stories that happen in Italy and Germany at that time have trickled out of China, that you must know somebody and have party connections in order to do business in China on any kind of scale, otherwise you're screwed and it's impossible. This is exactly what it was like in Germany. See, "The Vampire Economy" by Reismann.
They have done this while borrowing $20 trillion, and now that their economy is slowing down and increasingly refusing to grow as fast as before, they are becoming concerned, as they should be, because the same thing happened to soviet Russia.
The reason the Chinese have been able to grow so fast is because their country was so very economically backwards for so very long, they rejected all the free market changes that have accumulated in the US and Europe over the 500 years, and were essentially an agrarian / feudal economy well past the 1950's, of poor farmers primarily.
And because the country is so huge and has so many people, turning that around became a massive undertaking. They began experiencing massive gains because they were so very backwards. And they imported all of the ways and techniques and tech that the modern world spent centuries developing several iterations of, they were able to bring in the latest iteration without paying the cost of its modern development. Which is pretty awesome for them. They cherry picked gains for decades that way, running electrical lines throughout the country, sewer, medical, etc., etc., etc.
The Soviet Union did a similar things under the socialists after the revolution because the Czar before them had kept the country so backwards, so feudal, he did not allow any economic liberalization in, and he hated the idea of capitalism. So the Soviets inherited this economically backwards country, and they too made rapid gains for a time, even using their central planning. They too thought they'd discovered an economic system that would defeat capitalism.
But they were wrong, and China is wrong. Once the Russians caught up to the modern standard and all the cherry-picked gains were gone, they began to languish and starve.
China too will experience falling growth as they are now catching up to the modern standard and those cherry-picked gains are gone, but they are trying to extend the trend through massive, massive amounts of borrowing.
It won't work. You cannot print wealth from thin air through borrowing.
AI will only make the economy more efficient and productive, it is not a fundamental change to how the economy works. AI will one day do our capitalism for us and allow us a lot more free time and easier work. But that doesn't mean capitalism isn't being done just because it is our machines doing the buying and selling for us instead of a human being.
> center-left economically?
left, very left
https://www.amazon.com/Vampire-Economy-Doing-Business-Fascism/dp/161016038X writen by a marxist, note the author is so super marxist moronic idiot at level 9000 that when nazi take over stuff means of production he still calls it capitalism simply because the past owner is a figurehead