Like modern China

They were capitalist but not enough to call themselves a capitalism country because nazis hated capitalism(because of America)

?????

I don't understand the economics of nazi Germany

Basically, it's a mix of socialism and capitalism

But more socialism

So it wasn't a lie when they called themselves socialists?

Again they weren't capitalist, the economy was centralized and was there to service the Nazi Party

GG @Cobra Commander, you just advanced to level 11!

Nonono

They used parts of capitalism

Just parts

What parts though?

Business, taxes etc

But to only help Germany win the war

Basic capitalism but socialist to control where the money flows

Capitalism upped their money value by 1000% with the Reichdollar

It would be like 1 million German dollars just for some clothes

well, yes, but if the economy is socialized then by definition it cannot really be considered capitalist

Yes

That's why it's so confusing

So do socialist or communist countries have nearly worthless currencies?

@Bunny Princess Venezuela

Dropped by more than 10000%

Probably because of the common misconception that Nazi Germany was purely capitalistic

No, it's because of how their system worked, and how retarded people are

Which is entirely just a way to demonize capitalism, because this is non sensical.

But again, the workings of their system is overall pretty socialized.

Yeah

Basically

Well after Mao’s death, both socialism and capitalism properties took place. Esp when Deng was seated.

And I'm just saying that often people will point to Nazi Germany's "capitalism" to make a case against it

Which uh

Is very ironic

Makes no sense

Nazis hated capitalism

Because it didn't help their war

And capitalism itself is kind of counter productive to their own goals

True

It gave them a choice to help the war while socialism made them support the war effort

"Capitalism"