I don't understand how the economy works

>national socialist economics and communist societies in general
Any suggestion? I'm enriching my library.
>around today is a bigger sign nobody reads, including university professors.
Well i'm not an economist, but it makes me cringe when even marxists with PHD in economics come up with arguments such as the supercomputer/AI one, as if you can defeat false information sent by soviet entreprises asking for 200% more material than what is needed and still make everything inefficient as fuck. After all you're just a planner, not a technician.

Read Naked Money and Big Debt Crises.

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One man’s credit is another man’s debt.

tl;dr it's the Jews

Hitler's Revolution by Richard Tedor (must be expanded edition, it's really hard to find a PDF of this version specifically so I recommend buying it), excellent book about National Socialist economics (but actual NSDAP policies they put into practice looked at in depth rather than just standard NS economic theory). Very well and thoroughly sourced with lots of pre 1945 sources. I think the word Jew only appears in the book 3 or 4 times and it's not in an accusatory way so it's not an ideologically driven book, it's a genuine honest look at economic and social life in Hitler's Germany, though I would recommend reading Mein Kampf and having at least some understanding of the Jews' role in German economic life pre-1933 before going in. Warning it gets very depressing at the end because it also details Jewish Soviet war crimes against German citizens towards the end / after the war had already finished. Cannot overstate how essential this book is to anyone interested in economic policy.

Definitely read all of Gottfried Feder's work, Manifesto For Breaking the Financial Slavery to Interest is a must read on par with the things generally considered "essential" by most on this board.

The Nazi Economic Recovery 1933 - 1938 by R. J. Overy is also a good one.

If you're interested in the Soviet / Communist side of things I highly recommend The Perestroika Deception by Anatoliy Golitsyn, very very dry, political study that in my opinion is essential to understanding the modern economic environment, though it's not exactly an economics book.

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Thank you fren.

HOW THE ECONOMY WORKS

>you have talents and skills and goods you can provide to people
>you want services and goods from other people
>other people have talents skills and goods they can provide to people
>other people want services and goods from you
>when you perform a service for someone else, they are essentially in debt to you and must give you back an equivalent service/good in response
>the barter system is too inefficient (i want things that you don't have, etc)
>they give you money in return which is basically a form of IOU
>the amount of money you receive is proportional to the amount of work you provide
>you can use this IOU and spend the money on anything to receive any good/service you desire
>some things require more IOUs than others (e.g. a house may require tens of thousands of hours to labor to purchase, while a restaurant dinner may only cost 1-2 hours of labor, etc)
>repeat ad infinitum for 8 billion people on this planet

>NS economic theory
There is such a thing ?

Yes. Some people believe that economics should be secondary to the wellbeing of the people. National Socialism is a race / people focused ideology and their economic policies reflect that. NS differs from Fascism in that the people are the highest ideal, and the state, and thus the economy, is only a means to the end of ensuring the happiness of the people. NS economics is a combination of the work of Feder (who wrote his ideas before the NSDAP were formed, they were adopted by Hitler after he saw Feder speak, though (for reasons unknown to me at present) Feder was only placed in a fairly low position in the party), and the German people focused social politics of the NSDAP.

Their economy was much closer to capitalism than people would have you believe, though it was predicated on the fact that Jews had been expelled from all positions of influence in finance and the media, meaning malicious, profit seeking behavior was absent from the German economy, and the public weren't being manipulated psychologically by "Mammonistic" influences into believing they needed to buy a bunch of useless shit they didn't need. I don't recall any commercial business actually being nationalised by the NSDAP, I recall something about the railways being nationalized but I can't say for sure and if I'm remembering right is was because they (correctly) identified them as a military asset rather than public infrastructure. Anyone was free to start a business and profit, but excessive profit at the expense of the people (polluting, pedalling smut etc) was a nono, and rightly.

What's the point of high GDP if your people are miserable? Wealth doesn't exist in the ground, it requires the minds to invent the machinery to extract and produce it, the true wealth of a nation is its people, which is why African nations with huge amounts of natural resources are poor, while smaller nations like Singapore have high standards of living while having basically no natural resources.

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