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Why Nazism Was Socialism and Why Socialism Is Totalitarian

For the fundamental factor underlying interventionism and, of course, socialism as well, whether Nazi or Communist, is nothing but wrong ideas, above all, wrong ideas about economics and philosophy.

Controlling the Herd

Why Nazism Was Socialism and Why Socialism Is Totalitarian



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My purpose today is to make just two main points: (1) To show why Nazi Germany was a socialist state, not a capitalist one. And (2) to show why socialism, understood as an economic system based on government ownership of the means of production, positively requires a totalitarian dictatorship.

Continue reading at Mises Institute…

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