When the regime wanted additional industrial capacity or resources for the military economy which the private sector could not provide, it was created (or conquered) by the state... during the Third Reich state ownership expanded into the productive sectors, based on the strategic industries, aviation, aluminum, synthetic oil and rubber, chemicals, iron and steel, and army equipment. Government finances for state-owned enterprises rose from RM 4,000m in 1933 to RM 16,000m 10 years later; the capital assets of state-owned industry doubled during the same period; the number of state-owned firms topped 500.
Richard OveryRelated topics
additional aluminum army assets aviation based capacity capital economy equipment government industrial industry iron later military number oil ownership period private regime rose rubber sector state steel synthetic third top 500 years finances reich chemicalsRelated quotes
It appears to general observation, that revolutions create genius and talents; but those events do no more than bring them forward. There is existing in man, a mass of sense lying in a dormant state, and which, unless something excites it to action, will descend with him, in that condition, to the grave. As it is to the advantage of society that the whole of its faculties should be employed, the construction of government ought to be such as to bring forward, by a quiet and regular operation, all that extent of capacity which never fails to appear in revolutions.
Thomas Paine
We are grateful to The Washington Post, The New York Times, Time magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. ... It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during those years. But, the world is now much more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries.
David Rockefeller
An atmosphere of extreme tension reigned during this period; it was necessary to act without mercy. I think that it was justified. If Tukhachevsky, Yakir, Rykov and Zinoviev had started up their opposition in wartime, there would have been an extremely difficult struggle; the number of victims would have been colossal. Colossal. The two sides would have been condemned to disaster. They had links that went right up to Hitler. That far. Trotsky had similar links, without doubt. Hitler was an adventurist, as was Trotsky, they had traits in common. And the rightists, Bukharin and Rykov, had links with them. And, of course, many of the military leaders.
Vyacheslav Molotov
Mr. Rockefeller not only owns the Standard Oil supplies: he controls the railways, the banks, the shops...upon which his Trust depends. The Steel Corporation not only makes steel; it owns coal and iron fields, ore steamers, the Erie and Pittsburgh mineral railway, as well as the operatives in Homestead. We oppose the Trust, not as an organisation, but because it is controlled by individuals for their own ends...But the Trust points out the line of British advance. In this country, however, the introduction of the Trust should be marked by public ownership.
Ramsay MacDonald
Corporate tax rates must also be cut to increase incentives and the availability of investment capital. The Government has already taken major steps this year to reduce business tax liability and to stimulate the modernization, replacement, and expansion of our productive plant and equipment. [...] For all these reasons, next year's tax bill should reduce personal as well as corporate income taxes, for those in the lower brackets, who are certain to spend their additional take-home pay, and for those in the middle and upper brackets, who can thereby be encouraged to undertake additional efforts and enabled to invest more capital.
John F. Kennedy
