The Rhodes Center Podcast with Mark Blyth cover image

Nazi billionaires, capitalist ethics, and other notable contradictions

The Rhodes Center Podcast with Mark Blyth

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The Persecution of Private Business in the 1930s

The largest profiteers are really Friedrich Flick, who runs Germany's largest steel core and weapons conglomerate named after himself. He manages to get for free the largest lignite, brown coal mines of the pet check dynasty both in central Germany and after the NXA or the occupation of Sudetenland. The first deal he does, he actually pays them $6 million, which is about $12 million under the market value of their assets. They're cousins in the Czech Republic, are wholesale expropriated. And they also managed to flee, but they receive nothing for their assets, which were able to be an even larger conglomerate.

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