'Public need before Private Greed'
Nazi Party policies.
50% tax on wealthiest Germans
National health care system
Public education system
Free university education
Winter allowances
Expansion of Pension programme
Subsidies for farmers
Nationalising industries and crippling taxes on others that remained private
Price and rent controls
Gvmnt jobs programmes
Profit sharing
Maternity care
Abolition of child labour
Looks pretty SOCIALIST to me.
Hilter was neither a socialist nor a capitalist. He believed both were deeply flawed. ALL of Hitler's economic policies were rooted in his hatred to anti-Semitism, racism and genocide.
Hitler's privatization of some industries, including the banks, was to get their ownership and control out of the hands of Jews. Later on, the banks were sold off and privatized again, but they were not sold to Jews.
It is ridiculous to standard here from the vantage point of 80 years of history and economics and compare Hilter to anyone else in recent history.
You are aware that this was during the Great Depression? That Germany's economy was in total chaos and shambles because of the reparations that Germany was forced to pay to the Allies after WWI? That inflation was running at nearly 1000% because the Weimar Republic's solution to all of this was to hit the printing presses for the mark? Unemployment was 30% when Hitler took power.
The Treaty of Versailles, which Germany and the Allies signed at the end of WWI was very punitive. Under its terms, Germany accepted full blame for starting WWI and was required to pay huge sums of the money to the Allies.
Today, Hitler's program of economic recovery for Germany would be called Keynesian, because it relied upon government investment in infrastructure to stimulate growth and employment. Except that Keynes hadn't even written his defining works when Hitler came to power.
Today, all First World economies are socialist, including the United States. The key to having a successful economy in today's world, is to achieve a sustainable balance which allows privately owned businesses to thrive, while protecting the rights and interests of the general population.