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To What Extent Was Hitler's Economic Policy Coherent?

757 words - 4 pages

[Slide 1] Hitler’s economic policy is subject to a large debate in many different areas, and an important part of it was whether he had control over what happened, and similarly if it was coherent or not. Hitler ‘did’ potentially have control over the economy directly if he wanted to use it, instead he delegated the management of the important thing to subordinates of many different departments and offices, resulting in failure. Hitler did have control, but didn’t use it to his full extent, instead he gave brief outlines of what he wanted done to suit his economic policy. Likewise, his policies were nowhere near coherent if we look between 1933 and 1945, instead his economic policy ...view middle of the document...

Likewise, after Hitler had come to power 2 conflicting powers were on him. The political pressures and the responsibility he had for Germany’s recovery, faced with his desire for foreign ventures. Despite Schacht being successful, underlying problems were created due to his reinflating of the economy.

[Slide 4] Like the slide says, Schacht was extremely successful. Unemployment had fallen to 1.5 million, industrial production rose 60% and the GNP rose by 40%. Schacht’s orthodoxy required cuts in military expenses which clearly set the tone for his economic policy. Instead, after his resignation, military development was extended. Fuel production was stepped up, synthetic rubber was stepped up, and the cost of rearmament was irrelevant. Doesn’t this suggest a total reversal in what Schacht had done and wanted up till 1936? After 3 successful years of slow economic recovery, radical changes to satisfy his foreign policy were implemented. Thus clearly showing that his economic policy was not coherent here,.

[Slide 5] Likewise, agricultural production was increased, the labour force was retrained. The government had higher regulation over the economy and Hitler desired self-sufficiency in raw materials. Hitler’s want to mobilise the economy and prepare Germany for...

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