Nazi Germany’s rise was spurred by multiple things lole wounded national pride, resentment over the loss of their monarchy, and a general feeling of “betrayal” following World War I. But calling the Treaty of Versailles’ economic impact minimal is a great understatement. The burdensome capitalism-based war reparations and Germany’s reliance on foreign loans created cycles of hyperinflation, unemployment, and economic instability, which were in turn exploited by Nazi propaganda promising revival and strength (heh side note, sound familiar? Hmm). While the reasons for their rise are complex between nationalism, political upheaval, and social tension, the economic hardship def played a significant role in amplifying that discontent. It’s entirely possible that WWII could have still occurred without like a factor or 2, which is why I said it might not have happened without the relentless focus on extracting monetary compensation for the war
As far as slaves, yes that’s true, it did exist before. But Capitalism definitely continued to drive it longer than when it would have come to a natural end
Capitalism was the one main force pushing for the end of slavery at the Contemporaneous Age. It’s basically the reason most of the world doesn’t have it anymore.
(And yeah, I mean modern Capitalism, that appeared after the Industrial Revolution.)
Capitalism was the one main force pushing for the end of slavery at the Contemporaneous Age. It’s basically the reason most of the world doesn’t have it anymore.
nope, ironically it wasn’t the capitalist institutions, but rather religious institutions that called for an end to slavery
Nazi Germany’s rise was spurred by multiple things lole wounded national pride, resentment over the loss of their monarchy, and a general feeling of “betrayal” following World War I. But calling the Treaty of Versailles’ economic impact minimal is a great understatement. The burdensome capitalism-based war reparations and Germany’s reliance on foreign loans created cycles of hyperinflation, unemployment, and economic instability, which were in turn exploited by Nazi propaganda promising revival and strength (heh side note, sound familiar? Hmm). While the reasons for their rise are complex between nationalism, political upheaval, and social tension, the economic hardship def played a significant role in amplifying that discontent. It’s entirely possible that WWII could have still occurred without like a factor or 2, which is why I said it might not have happened without the relentless focus on extracting monetary compensation for the war
As far as slaves, yes that’s true, it did exist before. But Capitalism definitely continued to drive it longer than when it would have come to a natural end
Capitalism was the one main force pushing for the end of slavery at the Contemporaneous Age. It’s basically the reason most of the world doesn’t have it anymore.
(And yeah, I mean modern Capitalism, that appeared after the Industrial Revolution.)
nope, ironically it wasn’t the capitalist institutions, but rather religious institutions that called for an end to slavery