True Left

Quote

"When an enterprise fails to sell its goods because it loses out in competition with other businesses for the same pool of consumers in a given area, workers also bear the risk of loss, as they are forced to accept wage reductions"

You are hallucinating. A standard employee contract guarantees a fixed minimum pay per month. This is not open to negotiation until the contract expires and the employee demands renewal of contract. (Even if they are fired, they are contractually guaranteed severance.) This means that, for the duration of each contract, the employee is working risk-free. And even if during renewal the employee agrees to takes a pay cut (and they can disagree and refuse to renew if they prefer), they are merely earning less; they never have to risk losing money outright. This is in fact the main appeal of being an employee, which is why so many people prefer employment to partnership etc..

“The worker in a capitalist state—and that is his deepest misfortune—is no longer a living human being, a creator, a maker. He has become a machine. A number, a cog in the machine without sense or understanding. He is alienated from what he produces.”

This is one of the most lucid analyses of the economic structure of National Socialism, and it corresponds with what Ludwig von Mises wrote in a letter to the editor of the New York Times that appeared on 21 June 1942:

The German pattern of socialism (Zwangswirtschaft) is characterized by the fact that it maintains, although only nominally, some institutions of capitalism. Labor is, of course, no longer a ‘commodity’; the labor market has been solemnly abolished; the government fixes wage rates and assigns every worker the place where he must work. Private ownership has been nominally untouched. In fact, however, the former entrepreneurs have been reduced to the status of shop managers (Betriebsführer). The government tells them what and how to produce, at what prices and from whom to buy, at what prices and to whom to sell. Business may remonstrate against inexpedient injunctions, but the final decision rests with the authorities. … Market exchange and entrepreneurship are thus only a sham. The government, not the consumers' demands, directs production; the government, not the market, fixes every individual's income and expenditure. This is socialism with the outward appearance of capitalism – all-round planning and total control of all economic activities by the government. Some of the labels of capitalistic market economy are retained, but they signify something entirely different from what they mean in a genuine market economy.1

The subject of the present article, however, is not an analysis of the National Socialist economic system, but an analysis of Adolf Hitler's economic policy ideas – based on a broad range of sources.

We’re only 5 days into 2026

Tomorrow is Jan 6 and the pardoned terrorists are planning a march

Interesting. I am Chinese American and never been to China, but if I go to China would I have it as easy?

No, because it’s same race.