Replies (2)

• @brotundspiele@sh.itjust.works 2026-09-22 12:44

  They made trillions of marks, so yes they were extremely profitable.

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• @UnderpantsWeevil@lemmy.world 2026-09-22 14:21

  I mean, you joke. But Germany pivoted out of the Great Depression far faster than its European peers precisely because they weren’t afraid to print a bunch of money and pay people to do things. The Fascists inherited one of the only growing economies in Europe by the time they took power in 1932. And when they assumed office, the brought investment from the Americans overseas (who were having their own fascist turn), because they were willing to purge or enslave local populations, tear down neighborhoods, and build up whatever capital Standard Oil, IBM, and Ford Motor Company asked of them. On the opposite side of the Atlantic and on the other side of the Urals, progressive liberals and Soviet communists were trying out a leftist mirror of this strategy. They were using the levers of the state to mobilize the masses of unemployed labor into productive capital improvements for the benefit of the public at-large. So the US, Germany, Japan, and the USSR all rapidly emerged out of the '29 crash into a booming 1930s economy. Meanwhile, England and France and much of Latin America and North Africa languished under artificial constraints of state-capitalism.

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