"When the regime wanted additional industrial capacity or resources for the military economy which the private sector could not provide, it was created by the state… during the Third Reich state ownership expanded into the productive sectors, based on the strategic industries, aviation, aluminum, synthetic oil and rubber, chemicals, iron and steel, and army equipment. Government finances for state-owned enterprises rose from RM 4,000m in 1933 to RM 16,000m 10 years later; the capital assets of state-owned industry doubled during the same period; the number of state-owned firms topped 500."

“here could be no guarantee in a free market that the interests of race or state as Hitler defined them would take priority over the interests of businessmen or consumers. After 1933 the role of the state in regulating and directing economic life increased sharply, first in order to encourage economic revival, then to divert economic resources to the growth of German military power… led, in an unplanned, incremental way, to the establishment of a kind of command economy.”

“The outcome was a command economy, governed by military priorities, but run by a coalition of state officials, soldiers, party hacks and industrial technocrats.”

“Nazi political hegemony in the end prevented German capitalists form acting as capitalists.”

“In a remark made in 1932 to Otto Wagener, one of the party’s economic experts, Hitler observed that the business bourgeoisie “know nothing except their profit. ‘Fatherland’ is only a word for them.”

“Göring industrial empire represented, in this sense, one of the major steps towards restricting private industrial capitalism and substituting a ‘völkisch’, state-run industrial economy.”

“The regime was also able to use the state-owned multi-nationals as a ‘battering ram’ for entering economies that were not occupied territory.”