Why they don't tell you about Hitler's 'Shrinking Markets' problem

This video will no doubt by targeted by Nazis, inter-Nazis and Holocaust denialists. Ignore them. The Holocaust happened, the Holodomor happened, and their ideologies are immoral.

This video is discussing events or concepts that are academic, educational and historical in nature. This video is for informational purposes and was created so we may better understand the past and learn from the mistakes others have made. Those who do not learn from the past are doomed to repeat it.

Sources and notes will be in the pinned comment. Videos EVERY Monday at 5pm GMT (depending on season, check for British Summer Time).

Here’s some other videos you may be interested in -

My video titled “Why I'm Passionate about HISTORY and What Got Me Into it”

History isn’t as boring as some people think, and my goal is to get people talking about it. I also want to dispel the myths and distortions that ruin our perception of the past by asking a simple question - “But is this really the case?”. I have a 2:1 Degree in History and a passion for early 20th Century conflicts (mainly WW2). I’m therefore approaching this like I would an academic essay. Lots of sources, quotes, references and so on. Only the truth will do. #history

[TheImperatorKnight]

*Sources*

Can’t wait to get put on “Bad History” again on Reddit to be ‘refuted’ by an inter-Nazi using two sources, one of which is Wikipedia… or to be told to “read a book” by other Nazis...

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Barkai, A. “Nazi Economics: Ideology, Theory, and Policy.” Yale University Press, 1990.
Bel, G. "Against the mainstream: Nazi privatization in 1930s Germany." Universitat de Barcelona, PDF.
Birchall, I. “The Spectre of Babeuf.” Haymarket Books, 2016.
Bosworth, R. “Mussolini’s Italy: Life under the Dictatorship 1915-1945.” Penguin Books, Kindle 2006.
Brown, A. "How 'socialist' was National Socialism?" Kindle, 2015.
Engels, F “Socialism: Utopian and Scientific.” Written, 1880. Progress Publishers, 1970.
Evans, R. “The Coming of the Third Reich.” Penguin Books, Kindle 2004.
Dilorenzo, T. “The Problem with Socialism.” Regnery Publishing, Kindle 2016.
Farrell, N. "Mussolini: A New Life." Endeavour Press Ltd, Kinde 2015.
Feder, G. "The Programme of the NSDAP: The National Socialist German Worker's Party and its General Conceptions." RJG Enterprises Inc, 2003.
Feder, G. "The German State on a National and Socialist Foundation." Black House Publishing LTD, 2015.
Friedman, M. “Capitalism and Freedom: Fortieth Anniversary Edition.” university of Chicago, Kindle 2002. (originally published in 1962)
Grand, A. "Italian Fascism: It's Origins and & Development." University of Nebraska Press, 2000.
Geyer, M. & Fitzpatrick, S. "Beyond Totalitarianism: Stalinism and Nazism Compared." Cambridge University Press, Kindle 2009.
Hazlitt, H. “Economics in One Lesson: The Shortest & Surest Way to Understand Basic Economics.” Three Rivers Press, 1979. (originally published 1946)
Hibbert, C. “Mussolini: The Rise and Fall of Il Duce.” St Martin’s Press Griffin, 2008.
Joseph Goebbels and Mjölnir, Die verfluchten Hakenkreuzler. Etwas zum Nachdenken (Munich: Verlag Frz. Eher, 1932). (English translation)
Hobsbawm, E. "The Age of Extremes: 1914-1991." Abacus, 1995.
Hoppe, H. “A Theory of Socialism and Capitalism.” Kindle.
Hitler. A. “Mein Kampf.” Jaico Books, 2017.
Hitler, A. "Zweites Buch (Secret Book): Adolf Hitler's Sequel to Mein Kampf." Jaico Publishing House, 2017.
Kershaw, I. “Hitler: 1936-1945 Nemesis.” Penguin Books, 2001.
Kershaw, I. “Stalinism and Nazism: Dictatorships in Comparison.” Cambridge University Press, Kindle 2003.
Keynes, J. "National Self-Sufficiency, " The Yale Review, Vol. 22, no. 4 (June 1933), pp. 755-769.
Marx, K. “Capital: A Critique of Political Economy: Volume I Book One: The Process of Production of Capital.” PDF of 1887 English edition, 2015.
Marx, K. “Capital: A Critique of Political Economy: Volume III Book One.” PDF of 1894, English edition, 2010.
Marx, K. “Capital: A Critique of Political Economy: Volume III Book One.” PDF, English edition, 2010. (Originally written 1894)
Marx, K. “Capital: A Critique of Political Economy: Volume III Book One.” Penguin Classics, Kindle edition. (Originally written 1894)
Mises, L. "Socialism: An Economic and Sociological Analysis." Liberty Fund, 1981. 1969 edition (roots back to 1922).
Moorhouse, R. "The Devil's Alliance: Hitler's Pact with Stalin, 1939-1941." Random House Group, Ebook (Google Play) 2014.
Mosley, O. "Fascism: 100 Questions Asked and Answered." Black House Publishing, Kindle 2019.
Muravchik, J. “Heaven on Earth: The Rise and Fall of Socialism.” Encounter Books, Kindle.
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The American Economic Review, Vol. 1, No. 2, Papers and Discussions of the Twenty-third Annual Meeting (Apr., 1911), pp. 347-354


(Accessed 04/10/2018)

[ricktimmermans]

I'm getting the idea that TIK doesn't really like socialism.

[mark-o-man]

"When two girls share one cup"?! Long forgotten images suddenly come back to mind while I'm having dinner. Thanks for nothing, mate.

[bigfan]

Socialism ; Policies so good, that they need to be mandatory.

[basedshaman]

I was taught “shrinking markets theory” in my economic classes as well, but it wasn’t taught me by a Marxist. Honestly, I couldn’t tell you what the political leanings of my economics professor was because he kept it to himself. Instead the “shrinking markets theory” was a passing subject.

[MorningGIry]

When I entered college I was a keen, and devoted Econ major. After two years of only being taught Keynes, and Marx I finally switched majors to data science and haven’t looked back since.

[benavraham]

Naming inflation as a "silent tax" is brilliant!

[HansMcc]

"when two girls share one cup, now thats real socialism!"


I'm dying. XD

[captainamerica]

I have heard of the WWII shrinking markets theory, but never studied it in depth. Thank you for delving into this issue.

[AlexKeens]

We covered Hitler's Germany back when I was in yr11, we didn't really go into the in's and out's of the economy but our teacher made it imperative that we remembered that Hitler was a socialist, one person eventually asked how he was a socialist and my teacher dedicated pretty much half a lesson as to why Hitler was a socialist

[frederickthegreatpodcast]

Did Tik just say “Two Girls One Cup”???

[julianshepherd]

Keynes was a revolutionary socialist?
You on the spice?

[Hannodb]

You just earned yourself a subscription. Finally a historian who doesn't just study the past out of obsessive curiosity, but who actually seek to make apply its lesson for today

[max-kbcf]

Not saying that your point is wrong, but I dont believe that you can just plot political idealogies on a 1D scale

[tonyjc]

Hold on, why of all people is Keynes considered a MARXIST Socialist? Where did that come from? Keynes supported capitalism through his concepts of government interventionism and deficit spending to get out of an economic recession or depression rather than the reckless concept of laissez-faire. And never have I ever read that he supported the Shrinking Economy. Did you confuse the concept of Shrinking Economies with the concept of shrinking production during an economic downpour?

[calimike]

I graduated with honors with a political science degree and your view point I agree with. I thought people were just ignorant of the lies they believe. Now as a older person I think people want to believe the lies so they are not responsible for the truth.

[hoppinggnomethe]

When you mentioned Khmer Rouge Cambodia, I remember my relatives who went missing there. Others were running to Southern Vietnam. My grandpa and grandma were lucky that they fled to South Vietnam before 1975 due to mass bombing from the Americans, knowing nothing about the Khmer Rouge.
I was so glad that my government reformed in 1986, allowing private businesses and foreign investments to happen. No more equal food portion distribution system or taking away rich people's properties and goods in the name of socialism. We are getting further away from poverty slowly. Our lives are much better than post-1975 era. Only if the government becomes a socialist no more.

[LaddDentalGroup]

Just found this channel and it’s just what I needed!! Appreciate all of the knowledge and history presented

[hrvojeantoniobusic]

You sir, History hustle and Mark Felton are my favourite historians. Let's hope that I'll also become one.

[codysodyssey]

Why haven't I found this channel sooner?