Archive for June 27, 2011

LOL: June 27, 2011

June 27, 2011 12 comments

Those who forget history are condemned to repeat it.


Categories: Current Affairs, Dystopia, LOL

Mass Unemployment Was Behind Hitler’s Unlikely Rise To Power

June 27, 2011 16 comments

People who have seen too many ww2-era documentaries and archival Nazi propaganda footage might believe that Mr. funny-mustache was always popular in Germany. Unfortunately, their version of history is lacking in facts. Prior to the severe unemployment crisis in early-1930 Germany, he and his ideologies did not have mainstream acceptance. Sure, there was always a minority of ardent supporters for his world view- but it was not something that most mainstream Germans were enamoured by or wanted to associate with.

While Nazism gained some respectability in Germany because of the onerous conditions imposed by the Versailles treaty– it never became mainstream till the early 1930s. Read a bit about how marginal the Nazis were, even at the height of disorder during the Wiemar republic. So why did that ideology gain popularity so rapidly in the early 1930s?

It has to do with loss of public faith in the established “elites”.

From the end of ww1 to the rise of Mr. funny-mustache, various combinations of the old “elites” had tried to fix the system and keep it afloat- often with disastrous consequences. They simply could not seem the fix things well enough, as each new solution seemed to work for some time and then unravel. The white- and blue-collar workers kept on suffering because of a drop in their living standards, destruction of savings and overt unemployment.

The straw that broke the camels back was the massive increase in unemployment in the early 1930s. Here is article about that phenomena.

and here is probably the most striking graph-

You will get Keynesian economic policies one way or the other.

Now have a look at this recent article-

Yahoo Article: Out of work for a while? Tell us your story

Read the over 1,600 comments and ask yourself- Why can’t something similar to what happened in Germany in the 1930s occur in the USA. Don’t forget that things were much more precarious during the 1930s in the USA than is widely believed.