By Gottfried Feder, Hadding Scott
Initially released in 1919, this new translation of 1 of crucial historic fiscal manuscripts proposes a few innovative adjustments to the German economic climate which are additionally appropriate to any state at the present time. Gottfried Feder used to be a key founding father of the German Nazi celebration and the industrial mentor of Adolf Hitler.
In his Manifesto, Gottfried Feder is going after Mammonism and interest-slavery whereas featuring new principles and suggestions to universal financial woes, in particular difficulties affecting Germany on the time.
Published with no the common anti-German footnotes present in many translated Nazi records (especially as visible in Mein Kampf), this Manifesto is must-read for any scholar of both historical past or economics!
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Then the curves run flatter, and in certain industries will perhaps even decline slightly, if new inventions have led to the devaluation of existing factories, machines, and so on. I would like to select only one example here, the development of the Krupp works. In 1826 old man Krupp died almost without assets. In 1855 Alfred Krupp received his first order for 36 cannons on behalf of the Egyptian government. In 1873 Krupp already employed 12,000 workers. In 1903 Frau Berta Krupp sold the entire works and property to the Alfred Krupp joint-stock company for 160 million.
Socialism, conceived as the highest moral idea, as the idea that man is not in the world only for himself alone, that every man has duties toward the community, toward all humanity, and that he is not only responsible for the momentary wellbeing of his family, of the members of his tribe, of his folk, but that he also has unshakable moral obligations toward the future of his children and his folk. More concretely, we must see Mammonism as the conscious collusion of the power-hungry big capitalists of all peoples.
Never has Mammonism been prepared in such a world-encompassing manner to begin world-domination. Never yet has it placed in its service all baseness, lust for power, lust for revenge, greed, envy, and falsehood in such a cleverly concealed and yet brutally pushy manner as now. The World War is at its inmost core one of the biggest decisions in the evolutionary process of humanity in the struggle to decide whether in the future the Mammonistic-materialistic worldview or the socialistic-aristocratic worldview should determine the fate of the world.