Nazi election propaganda attacked austerity and endorsed job creation over capital investment

Evidence

The centerpiece of their July 1932 election propaganda, the Wirstchaftliches Sofortprogramm (the immediate economic program) laid out an alternative to austerity that looked an awful lot like the WTB plan. The pamphlet’s first three points could not have been more anti-austerity: first, “unemployment causes poverty, employment creates prosperity”; second, “capital does not create jobs, jobs create capital”; and third, “unemployment benefits burden the economy but job creation simulates the economy.” Also, the program argued, Germany should get off the gold standard as quickly as possible. — Mark Blyth, Austerity, 532

Categorization

• SEED: The contrast between SPD and Nazi economic programmatics in 1932 — both anti-austerity, divergent in everything else — is a sharp angle for an essay on how the same diagnosis can feed opposite politics.
• CANDY: ‘Capital does not create jobs, jobs create capital’ from a Nazi election pamphlet is a startling, tweetable historical tidbit.
• XREF: connects to: Repeated austerity and SPD rigidity did more to empower Hitler than inflation memory — Mark Blyth, Austerity: The History of a Dangerous…, 533; Cross-party austerity orthodoxy enabled the Nazi electoral rise — Mark Blyth, Austerity: The History of a Dangerous…, 556; Austerity in Weimar Germany crippled labor and enabled Nazi takeover — Clara E. Mattei, Escape from Capitalism, 234 (+1 more)

Broader Connections

• Austerity in Weimar Germany crippled labor and enabled Nazi takeover #corroborates (0.90) — Clara E. Mattei, Escape from Capitalism, 234
• Cross-party austerity orthodoxy enabled the Nazi electoral rise #corroborates (0.85) — Mark Blyth, Austerity, 556
• German hyperinflation was unrelated to the later austerity that enabled fascism #qualifies (0.80) — Mark Blyth, Austerity, 556