“Actually, a kind of state socialism seemed to be gaining more and more ground, furthered by many of the [Nazi] party functionaries. They had already managed to have all plants owned by the state distributed among the various party districts and subordinated to their own district enterprises… Our very system of industrial direction in the interests of war production could easily become the framework for a state-socialist economic order. The result was that our organization, the more efficient it became, was itself providing the party leaders with the instruments for the doom of private enterprise.”

— Albert Speer

Source: Inside the Third Reich: Memoirs (1970), p. 359

Adopted from Wikiquote. Last update June 3, 2021. History

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Albert Speer 21

German architect, Minister of Armaments and War Production … 1905–1981

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