Originally published in 1940, this book remains an illuminating and forceful survey of the economic development of modern Germany. It reveals for the first time the basic trends of German business enterprise towards central control. This survey makes three important factors clear. Firstly, the continuity in the underlying trends of German history; secondly the characteristic prevalence of 'statism' in German history; thirdly, Nazism cannot be explained on purely economic grounds: no other county showed such a striking sequel of ups and downs as that which this book illustrates in the economic history of the late 19th and early 20th centuries.
Part 1: Introductory Part 2: Toward Industrial World Power 1. Before the Unification of Germany 2. The Foundation of the Empire 3. The Industrialization of Germany 4. The Importance of the Banks 5. The Expansion of Foreign Trade 6. From Liberalism to Protectionism 7. The Colonial Era 8. Government Ownership 9. Social Reform 10. The Organization of Business and Labour Part 3: The World War 1. War Finances 2. War Socialism 3. Social Changes 4. The End Part 4: The Weimar Republic 1. General Characterization 2. Inflation, 1918-1923 3. Stabilization 4. Plans for Reparation Payments 5. Prosperity 6. Collapse 7. Government and Business in Weimar Germany 8. Interlude Part 5: The Third Reich 1. The 'Unalterable' Nazi Party Programme 2. Economic Policy 3. Financial Policy 4. The Social Structure under National Socialism 5. Summary and Outlook