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-------- Forwarded Message --------
Subject: Fascist economics
Date: Sun, 29 Oct 2017 04:42:01 -0400
From: Noel Ignatiev <[email protected]>
To: [email protected]
I can’t figure out how to post a comment on your website, to I am
sending it email. Feel free to repost it and, if you have time, tell me
how to post directly.
Alfred Sohn-Rethel, in “The Economy and Structure of German Fascism” (on
line), says that part of the Nazi project was to restore the dominance
of the coal-iron-steel sector which had lost power to the high-tech
“internationalists” (whom I take to be the counterpart of today’s
neoliberals. They did this by starting up the smokestack industries by
fiat, thereby eliminating unemployment—at the cost of undermining the
mark and destroying Germany’s position in the world market. It should be
remembered that the Nazis froze wages at half the 1929 level.
I hope to see you next Sunday at Marcus’s talk.
Noel
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