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The parallel between the Nazi “revolution” in the 1930s and the neoliberal “revolution” in the 1980s and ’90s goes much further. The Nazis were also pioneers in what was then the uncharted economic waters of “privatization.” In the face of the Great Depression, states across the world — including the Social Democratic led Weimar Republic — nationalized key industries and, in some cases, like Germany, nearly the entirety of the financial sector. The Nazis — despite early propaganda indicating otherwise — were the unique exception. Not only did they avoid further nationalization but they innovated a process so idiosyncratic at the time that it required coining a German neologism: Reprivatisierung.

full: https://lareviewofbooks.org/article/the-supermanagerial-reich/
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