1. Quotes
  2. Authors
  3. Günter Reimann

Günter Reimann Quotes

Günter Reimann was a German economist and founder & editor of International Reports, a New York-based weekly publication he sold to the London Financial Times in 1983. Prior to World War II, he was a member of the Communist Party of Germany and at the forefront of the underground resistance to Adolf Hitler within Nazi Germany. Wikipedia  

✵ 13. November 1904 – 5. February 2005
Günter Reimann: 16 quotes0 likes

Famous Günter Reimann Quotes

“The larger the big corporations grow and the closer they become connected with the State bureaucracy, the fewer changes there are for the rise of new competitors.”

Günter Reimann

Source: The Vampire Economy: Doing Business Under Fascism, 2014, p.187

“Fritz Nonnenbruch, the financial editor of the Voelkischer Beobachter, states: ‘There exists no law which binds the State. The state can do what it regards as necessary, because it has the authority…. The next stage of National-Socialist economic policy consists of replacing capitalist laws by policy.”

Günter Reimann

Source: The Vampire Economy: Doing Business Under Fascism, 2014, p. 13 (Fritz Nonnenbruch, Die Dynamische Wirtschaft (Munich, Centralverlag der N.S.D.A.P., 1936), pp. 114-119

“The existence of a state within the State—the Party and the bureaucracy—is a phenomenon of the post-War world.”

Günter Reimann

Source: The Vampire Economy: Doing Business Under Fascism, 2014, p. 18

“You have no idea how far state control goes and how much power the Nazi representatives have over our work... In this respect they certainly differ from the former Social-Democratic officials. These Nazi radicals think of nothing except ‘distributing the wealth.’ Some businessmen have even started studying Marxist theories, so that they will have a better understanding of the present economic system.”

Günter Reimann

Source: The Vampire Economy: Doing Business Under Fascism, 2014, p. 6 (letter from a German businessman)

“The totalitarian State does not tolerate any ‘second government,’ any challenge to the power of the all-wise dictator. [As the Nazi party has stated] ‘Within the constitution of the Third Reich any position independent of the will of the Fuehrer no longer exists. The principle of separation of power is a thing of the past. Only the Party has a privileged position.”

Günter Reimann

Source: The Vampire Economy: Doing Business Under Fascism, 2014, p. 13 (Zeitschrift der Akademie fuer Deutches Recht, July 1, 1938, p. 513)

“A foreign visitor to the Berlin Stock Exchange would easily be deceived. There are announcements of daily quotations and price changes as though a free Stock Exchanged still existed, but nowhere would he find the former ‘public’— private buyers and sellers—as represented by independent brokers, bankers and ‘visitors.”

Günter Reimann

Source: The Vampire Economy: Doing Business Under Fascism, 2014, p. 178

Günter Reimann Quotes

“You cannot imagine how taxation has increased. Yet everyone is afraid to complain about it. The new State loans are nothing but confiscation of private property, because no one believes that the Government will ever make repayment, not even pay interest after the first few years.”

Günter Reimann

Source: The Vampire Economy: Doing Business Under Fascism, 2014, p. 7 (letter from a German businessman)

“While State representatives are busily engaged in investigating and interfering, our agents and salesmen are handicapped, because they never know whether or not a sale at a higher price will mean denunciation as a ‘profiteer’ or ‘saboteur’ followed by a prison sentence.”

Günter Reimann

Source: The Vampire Economy: Doing Business Under Fascism, 2014, p. 7 (letter from a German businessman)

“I must confess that I think as most German businessmen do who today fear National Socialism as much as they did Communism in 1932. But there is a distinction. In 1932, the fear of Communism was a phantom; today National Socialism is a terrible reality. Business friends of mine are convinced that it will be the turn of the ‘white Jews' (which means us, Aryan businessmen) after the Jews have been expropriated… The difference between this and the Russian system is much less than you think, despite the fact that we are still independent businessmen.”

Günter Reimann

Source: The Vampire Economy: Doing Business Under Fascism, 2014, p. 6 (letter from a German businessman)

“Japanese exporters are organized in export cartels by the State. The State restricts competition among exporters and importers. The same thing is done in Germany and Italy. Moreover, it is not only in totalitarian States that payments for imported goods have become dependent on governmental decisions.”

Günter Reimann

Source: The Vampire Economy: Doing Business Under Fascism, 2014, p. 216

“Whereas in democratic countries the businessman may use his money to influence legislation and public opinion and thus operated as a source of power and corruption, in fascist countries he can exist only as the subject upon whom State power operates. The corruption in fascist arises inevitably from the reversal of the role of the capitalist and the State as wielders of economic power.”

Günter Reimann

Source: The Vampire Economy: Doing Business Under Fascism, 2014, p. 24

“Of all businessmen the small shopkeeper is the one most under control and most at the mercy of the Party. The Party man, whose good will he must have, does not live in faraway Berlin; he lives right next door or just around the corner. This local Hitler gets a report every day on what is discussed in Heer Schultz’s bakery and Herr Schmidt’s butcher shop. He would regard these man as ‘enemies of the State’ if they complained too much. That would mean, at the very least, the cutting of their quota or scarce and hence highly desirable goods, and it might mean the loss of their business license.”

Günter Reimann

Source: The Vampire Economy: Doing Business Under Fascism, 2014, p. 31

“[F]ascism is a new brand of feudalism in which the private capitalist has become merely a tool of the State—where absolute power has entirely taken the place of money power.”

Günter Reimann

Source: The Vampire Economy: Doing Business Under Fascism, 2014, p. 28

“The old type of capitalist who adheres to the traditional concepts of property rights is doomed to failure under fascism.”

Günter Reimann

Source: The Vampire Economy: Doing Business Under Fascism, 2014, p. 9

“In others cases, National Socialist officials were levying harsh fines of millions of marks for a “single bookkeeping error.””

Günter Reimann

Source: The Vampire Economy: Doing Business Under Fascism, 2014, p. 12

“The slightest formal mistake was punishable with tremendous penalties. A fine of millions of marks was imposed for a single bookkeeping error. Obviously, the [Nazi] examination of the books was simply a pretext for partial expropriation of the private capitalist with a view to complete expropriation and seizure of the desired property later.”

Günter Reimann

Source: The Vampire Economy: Doing Business Under Fascism, 2014, p. 12

Similar authors

Paul A. Samuelson photo
Paul A. Samuelson47
American economist None
Jan Tinbergen photo
Jan Tinbergen21
Dutch economist None
Thomas J. Sargent photo
Thomas J. Sargent10
American economist None
Max Weber photo
Max Weber41
German sociologist, philosopher, and political economist None
John Maynard Keynes photo
John Maynard Keynes122
British economist None
John Hicks photo
John Hicks14
British economist None
Theodore Schultz photo
Theodore Schultz15
American economist None
Douglass C. North photo
Douglass C. North18
American Economist None
Wassily Leontief photo
Wassily Leontief10
Russian economist None
Ludwig von Mises photo
Ludwig von Mises62
austrian economist None