"Not surprisingly, some of the first measures enacted after the Nazis came to power were aimed at alleviating the threat, felt by the majority of Germans in the wake of the Depression, of eviction and repossession. Several early Nazi laws restricted the right of creditors vis-à-vis debtors so as to prevent ‘the impoverishment of the people.’ The 1938 Old Debt Eradication Law invalidated hundreds of thousands of titles to collectible debts. The Law for the Prevention of Misuse of Repossession, passed in 1934, was directed against what was seen as the ‘nearly unlimited freedom enjoyed by creditors’ in the past."
React to this quote
More by Götz Aly
See allResonant Thoughts
"There are some of our own people who still think that the Communists are the left wing of the Socialist movement. They are not. The Socialist movement was a movement for freedom in its widest sense. F…"
"There is no concrete possibility at all of disengagement from social, political, and economic determinations. The only freedom man has is to recognize these and to recognize that he is determined by t…"
Explore Further
Related Quotes
"Truth indeed is sacred; but, as Pilate said, "What is truth?" Show us the undoubted infallible criterion of…"
— William Stanley Jevons"We are offered silence, free speech is all but dead in Europe. We live in a post free speech era, the attac…"
— Tommy Robinson"But it may be urged, on the other side, that Liberty is not the sum or substitute for of all things men oug…"
— John Dalberg-Acton"The Fifth Amendment is an old friend and a good friend, one of the great landmarks in men's struggle to be …"
— William O. Douglas"In its essence, the right of self-determination means that individuals and peoples should be in control of …"
— Alfred-Maurice de Zayas"Happiness is the free play of the instincts, and so is youth."
— Will Durant
