Authoritarian regimes have reserve devices to prevent mass unemployment

Evidence

But state control over credit, money, and the labor market prevents slumps from taking the form of large-scale unemployment. Even if production should sag after the war and the inherent contradictions of monopoly capitalism should make it impossible to direct the flow of capital back into consumers’ goods, there will probably be no mass dismissals. Women will be sent back to the kitchen and invalids to their pensions … If necessary, the work will be distributed and labor time shortened, technical progress stopped or even reversed, wages lowered and prices raised. There are dozens of such devices available in an authoritarian regime … — Rolf Wiggershaus, The Frankfurt School, 1190

Categorization

  • QUESTION: Neumann’s inventory of anti-unemployment devices (women to kitchen, invalids to pensions, shortened labor time, halted technical progress) is worth checking against what the Nazi economy actually did during the war economy conversion.