“The work that everybody is called on to supply cannot be judged by its objective value. Everyone has only one duty: to take trouble. Whoever does this duty becomes, by doing so, indispensable to the community — whether it is something that only he can do, or that’s within the capacities of anyone. Otherwise the man who achieves something important, the effect of which can be felt for decades, or even for centuries, would have a right to puff himself up and despise the man who sweeps the streets.” – Adolf Hitler

To understand Aryan economics, it is first necessary to realize that communism has the same goal as capitalism, and that it is this goal which is morally unacceptable. Believing in the primacy of the consumer, these economies are based around the fundamental economic problem of maximizing human wants attained by the exploitation of limited resources. The only disagreement between these and various other non-Aryan economic theories regards how better to accomplish their shared goal, usually based on whether a top-down or bottom-up feedback circuit is more effective. Aryan economics differs fundamentally from non-Aryan economics by refusing to treat consumption as valuable in itself.

Directed Economy

“It is the high task of our national economy to direct the consumption power of our people along lines which can be satisfied out of the resources of our own national production.” - Adolf Hitler

A National Socialist economy is not centrally planned, but centrally directed. Central planning involves taking demand for granted and then using the state to regulate supply. Central direction involves determining adequate supply and then using the state to limit demand. Hence a National Socialist economy should not be confused with a mixed-market economy, which is a fundamentally capitalist economy with state intervention in subservience to implicitly capitalist values. Hitler himself had no role in managing the state and economy, but rather was responsible for preventing the economy (and hence those who would seek to manipulate it by investments) from leading astray the state.

Hitler warned that: “The basis of Jewish commercial policy is to make matters incomprehensible for a normal brain.” Certainly, Jewish collective success throughout history has consistently correlated with the economic complexity of the society involved, hence the ZC propaganda throughout the colonial era to convince the complex economic societies of their “superiority” over the more economically simple societies that they colonized, in order to discourage the former from learning from the latter. In opposition to this, a National Socialist economy consciously aims to be as simple as possible, both in production and in trade. An economy that is too complex to be understood by non-experts is too complex, and it is the responsibility of the state not only to prevent the economy of its nation from becoming more complex than is necessary, but moreover to constantly seek ways to simplify it further. 

Simple economics that everyone understands

The importance of an encompassing state policy is highlighted by our insistence on a viewing economy and demography as two elements of the same issue. The state’s economic role is not merely to divert non-Aryan instincts and urges of the existing population in the required direction, but to feed a demographic policy to improve the Aryan quality of the population. Therefore, the National Socialist economy is best viewed as a means towards an end – a life-support system to keep the patient’s body running while the doctor operates on it.

Above all, a National Socialist economy is not dependent upon an ever-expanding population to keep it running, and indeed is one of the few economic forms equipped to work with a population that reduces over time, so long as such reduction occurs in a controlled way under state supervision. Specifically, a National Socialist economy would focus on reducing new births more steeply than the rate at which natural resources are running out, thereby maintaining quality of life by ensuring that there is enough to go around for everyone. This makes it the best response to impending crises such as Peak Oil. Furthermore, in a National Socialist economy, phenomena such as “deflation” and “recession” would be celebrated as positive events, because falling prices would only imply that products are being produced more cheaply than before, and reduction in economic activity would only imply that products are bring produced with greater labour-efficiency than before. These would then permit either greater leisure, or (better yet) faster depopulation, all without lessening quality of life.

Class Cooperation

“All work which is necessary ennobles him who performs it.” - Adolf Hitler

The economy should be viewed in a light no different than any other of our means to accomplishing a purpose. Our motto, UNITY THROUGH NOBILITY, is based on the same spirit of cooperation in pursuit of a final goal, as a prerequisite to which the folk must have total unity, including economic unity. Under such a worldview, class becomes merely a differentiation of occupational skills, with no social status or egotistical prestige pertaining to it. The steering wheel of a car is not higher or lower in status than the road wheels; nor is the engine more or less prestigious than the fuel tank; what matters is the ability of the car to complete its journey, which depends on the cooperation of all mechanical parts essential for this function. Thus the very notion of “class conflict” becomes as absurd as the notion of the different parts of the same vehicle declaring war on one another – all it would accomplish is disabling the entire vehicle and preventing arrival at our destination.

Only the parts altogether superfluous to the function need be phased out, and it is the responsibility of the state to direct this. We can broadly distinguish between jobs aimed at satisfying demand and jobs aimed at stimulating demand, of which the latter have no place in a National Socialist economy.

Correspondingly, the success of a National Socialist economy is measured not by the quantity or variety of its activity, but by the labour-efficiency of its activity, and by its independence from external economic forces. If the measure of consumerist economic success is like measuring how fast a car can go or how many gadgets it has, the measure of National Socialist economic success would be like measuring how well it is moving itself towards the finish line. The fastest and most gadget-packed car is no good if the driver is lost or can be intimidated to drive in the wrong direction. 

Money

“From the deluge is born a new world, while the Pharisees whine about their miserable pennies! The liberation of humanity from the curse of gold stands before us!” – Dietrich Eckart

Money has been described variously as a medium of exchange, a measure of value, a store of value, and a method of deferred payment. However, a National Socialist economy strictly defines money as a measure of productivity. In Hitler’s words, “If a farmer should ask me what is the value of the goods that he produces, I should reply, the value of the work that they enable a town labourer to do.”

Such a definition of money necessarily rejects the backing of currency by gold, silver or any other physical material. Material-backed currency by definition submits itself to dependence on the quantity of the material in existence, and to entanglement with currencies of other economies backed by the same material. For example, a currency backed by gold would find its unit value changing as a result of a new gold mine being discovered, even if the gold mine were located in Israel another country! This is unacceptable to a National Socialist state which insists on total monetary independence, and on foreign trade by barter only.

Labour-backed currency alone precludes any shortages or excesses of money in circulation, as the quantity of money in circulation would never have any justifiable reason to be other than directly proportional to the quantity of production within the country. What happens in other countries henceforth becomes economically irrelevant to a National Socialist state. Conversely, a National Socialist state can never be plausibly blamed by other countries for manipulating their economies, as it has explicitly relinquished all means by which it could do so. Like the Neolithic Aryan subsistence farmer who grows all his own food and to whom gold coins are a meaningless idea, so a National Socialist economy that attains what Hitler called “national subsistence” can feel confident about its economic future and earn the trust of others in a way that the gold-bound states can never know.

“What each of us receives must first have been produced by another; no one can receive more than the others have produced. Thus the problem of currency is no artificial one, but merely a question of production, a question of the organization of work and of the distribution of the results of work.” – Adolf Hitler

Furthermore, a National Socialist economy must be one that prevents monetary gain through lease or financial speculation of any kind, which is always reducible to the Jewish idea of profit by possession, the principle behind usury whose mathematically certain conclusion is concentration of all money in the economy under the ownership of the usurers. The advantage of a labour-backed currency in this case is that it prevents usurers from disguising their gains behind inflation or other temporal distortions. In a National Socialist state, identification of usurers will be a trivial matter of spotting non-producers who are able to remain solvent.

“How could money multiply itself?” – Alfred Rosenberg

The principle that labour should only be employed where necessary in a National Socialist economy completes our understanding of the role of its money. This strictly rejects any use of labour in the production of unnecessary goods or of necessities in excessive quantities. The people’s primary concern is assisting in the ennoblement of themselves and others, not producing goods and services to derive maximum pleasure. A National Socialist economy does not merely oppose excess and espouse moderation, but opposes the very core of consumerism, thereby espousing frugality in all aspects of daily life as an Aryan virtue in its own right.