The “Nazi economic miracle” is a myth that doesn’t die.
Wages fell by 15%, manufacturing production fell despite the stimulus spending, and the reduction in unemployment wasn’t actually anything to be proud of since even by official statistics from Goebbels their recovery was about as impressive as that as Spain or Greeces recent exit from the Great Recession - not very impressive at all and that’s before you factor in how they excluded women from the statistics, engaged in mass conscription and conscription labor programs (forced labor digging ditches isn’t an achievement), and also forced another half million workers such as Jewish laborers out of the Germany economy by various means.
Even so unemployment was still staggeringly high by 1936 which is when the rest of the world had began to recover anyway.
It wasn’t an economic miracle, it was a decade of German stagflation with lots of propaganda and for some reason people in the west seem to just implicitly trust Nazi propaganda. It’s an odd phenomenon.
Historians like Overy and Kershaw have debunked this nonsense decades ago but still people love to say “but he did make the trains run on time” in this weirdly pining way.
On top of that they borrowed like crazy to fund this lackluster pseudo-recovery and had they not looted the coffers of Czechoslovakia, Poland, and France they would have faced an economic implosion even worse than the Great Depression - which they faced anyway in 1945.
The “Nazi economic miracle” is a myth that doesn’t die.
Wages fell by 15%, manufacturing production fell despite the stimulus spending, and the reduction in unemployment wasn’t actually anything to be proud of since even by official statistics from Goebbels their recovery was about as impressive as that as Spain or Greeces recent exit from the Great Recession - not very impressive at all and that’s before you factor in how they excluded women from the statistics, engaged in mass conscription and conscription labor programs (forced labor digging ditches isn’t an achievement), and also forced another half million workers such as Jewish laborers out of the Germany economy by various means.
Even so unemployment was still staggeringly high by 1936 which is when the rest of the world had began to recover anyway.
It wasn’t an economic miracle, it was a decade of German stagflation with lots of propaganda and for some reason people in the west seem to just implicitly trust Nazi propaganda. It’s an odd phenomenon.
Historians like Overy and Kershaw have debunked this nonsense decades ago but still people love to say “but he did make the trains run on time” in this weirdly pining way.
On top of that they borrowed like crazy to fund this lackluster pseudo-recovery and had they not looted the coffers of Czechoslovakia, Poland, and France they would have faced an economic implosion even worse than the Great Depression - which they faced anyway in 1945.
Also are you saying “economic growth is fascism”?
Nazism wasn’t beaten in WW2, it was internationalized