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ISBN-10: 1107016959

ISBN-13: 9781107016958

This choice of essays explores the effect that nationalism, capitalism, and socialism had on economics through the first half the 20 th century. concentrating on critical Europe, individuals learn the function that businesspeople and firms performed in Germany's and Austria's paths to the disaster of Nazism. in accordance with new archival examine, the essays amassed the following ask how the enterprise group turned curious about the political method and describes the implications bobbing up from that involvement. specific recognition is given to the responses of person businesspeople to altering political situations and their efforts to stability the calls for in their consciences with the pursuit for revenue.

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Extra info for Business in the Age of Extremes: Essays in Modern German and Austrian Economic History (Publications of the German Historical Institute)

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S. 25 These facilities certainly protected the emigrants from exploitation at the hands of unscrupulous boarding-house keepers and racketeers, and they increased their chances of being admitted to the United States, but the emphasis on hygiene and cleanliness also reflected a certain prejudice against Slavs. Other shipping companies, above all those in Great Britain, claimed that their customers were pressured to annul passage and purchase new tickets from the two German lines. Although these accusations have never been proved, HAPAG and Norddeutsche Lloyd clearly profited from the policing functions that they in effect performed on the transit route through Germany.

83 Ballin’s pessimistic expectations were soon confirmed. The remarks he made from the spring of 1918 onward reveal his fear that revolution would break out in Germany, weaken the country militarily, and result in the loss of German territories and the end the monarchy. , 224f, 228. See the letter Ballin wrote to Professor Ernst Francke on March 19, 1917: printed in Stubmann, Ballin, 221f. 79 Cecil, Ballin, 242–63, 268. 80 Cited in Gerald D. Feldman, “Die Deutsche Bank vom Ersten Weltkrieg bis zur Weltwirtschaftskrise 1914–1933,” Die Deutsche Bank 1870–1995 (Munich, 1995), 147.

44 Following the economic crisis of 1907–1908, there were also efforts in Russia to ensure that its merchant marine, which was uncompetitive on the free market, and the Russian Baltic port of Liepaja would profit from mass emigration from the czardom. Most of the emigrants were Poles and Jews, whom the government was not sorry to see go. Because Russia’s weak financial situation ruled out direct subsidies, both the so-called Voluntary Fleet, which was interested mainly in the Atlantic traffic, and the Russian-America Line hoped that a draft emigration law submitted in early 1910 would finally be enacted.

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Business in the Age of Extremes: Essays in Modern German and Austrian Economic History (Publications of the German Historical Institute)


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