As would be expected by the socialist part of National Socialism, the guiding principle of Nazi economics was that all property belongs to the people, the Volk, and was to be used only for the good of the people. Just as one’s body is no longer one’s private possession but rather belongs to the whole community, economic property was no longer anyone’s private possession but to be used by State permission and only for the good of the people.
-Stephen R.C. Hicks
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