Adam Tooze But, as THE WAGES OF DESTRUCTION makes clear, Hitler was never remotely strong enough to beat either Britain or the. An extraordinary mythology has grown up around the Third Reich that hovers over political and moral debate even today. Adam Tooze’s controversial new book. Buy The Wages of Destruction: The Making and Breaking of the Nazi Economy New Edition by Adam Tooze (ISBN: ) from Amazon’s Book Store.

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For a link to the article online click here. The last major insight this book provided me was how dependent Germany was on imports. In the end, it all came crashing thhe. However, the collapse of Communism has proven that a free market economy always outproduces a centrally planned one.

Yes, there was a period with run away inflation, but it was actually gotten under control through a rather nifty financial setup. Daniel Yergin The Prize pointed at oil. The book makes the case for the economic impact of the British and then Anglo-American strategic bombing campaign though argues that the wrong targets were often selectedchallenges the idea of an economic miracle under Albert Speer and rejects the idea that the German economy could have mobilised significantly more women into the war economy.

The Wages of Destruction: The Making and Breaking of the Nazi Economy

In opposition to almost every other author I have read Tooze claims that the NAZI economy was actually at full mobilization for most of the war. This one hefty book could actually function as both an economic history and an excellent survey of NAZI foreign policy and goals, a very accurate survey the course of the war, and an excellent explanation for NAZI racial and genocidal policy in the east from the perspective of NAZI racial theories and Economic difficulties.


The priority was given to land forces, while reduced fuel for training helped set the Luftwaffe on its death spiral. There is a very widespread view that strategic bombing was unworkable. Wages was the subject of a discussion forum in the journal of Historical Materialism volume 22 Other editions – View all The Wages of Destruction: Hitler believed sheer power of will could overcome any obstacle, and persuaded many to embrace this delusion.

Jul 27, Jim rated it it was amazing. Oct 30, Kyle rated it it was amazing. This means that 1.

axam If one of both parties wanted to finally destroy the counterparty, it needed all within its power to make this happen. I tbe recommend it enough the footnotes are phenomenal as well! I will admit it took me a little while to get into, mainly because the hardback edition is unwieldy. Instead, he found another justification for the conquest of the east – known as Lebensraum – in the scale of the American internal market.

After having read this book, I don’t think Germany ever could have won, but they could desrtuction failed even more spectacularly than they did in real life. He didn’t declare war in because he was gambling, but because there was nothing to be gained by waiting. To make matters worse, different military initiatives required completely different production, so Nazi war planners found themselves jumping from priority to priority as targets shifted. The allies were outmaneuvered and outfought, but the Destfuction didn’t have a decisive advantage in tanks or aircraft.

While Tooze raised my opinion of the quality of German wartime economic planning, he really brought home what a stupid idea it was to try eestruction conquer all of Europe.


The Wages of Destruction: In fact, only the good local harvest of spared millions of ethnic Poles from planned starvation in Spring In conclusion, a centrally-planned economy cannot be managed efficiently enough to win a war against a free market one, all other things being equal. The conquest xestruction the West actually made Germany’s situation even worse as the areas conquered, the Low Countries and France, were also importers of these key resources. He reminds us that many of the Jews of Budapest, the last great Jewish community to be liquidated by the Nazis, went into aircraft factories.

Hitler’s gold

Nazi Germany’s economic policy-making, rather than advancing beyond sustained inconsistently, devolved to the point of the wholesale pillage of conquered thw satellite states. This, of course, is what a centrally-planned economy, in contrast to a free market economy, attempts to do. At the very least it is an important first step in shattering the myths surrounding “The Good War. This was effectively the approach tried under the Weimar Republic.

The Wages of Destruction – Wikipedia

And tbe recurring theme in the early Nazi administration was foreign exchange reserves. Success would come quickly nor not at all. Germany, in Tooze’s convincing depiction, was a country with an economy that saw little to no net growth over the two decades pf followed the First World War, with an urban working class that could barely afford to sustain itself and a peasantry forced to subsist on overcrowded land and little prospect of this changing.