Sonntag, 6. April 2008

"The Third Reich tends to create a planned economy. But what distinguishes the German from the Russian planned economy is the fact that ownership of the means of production is maintained in Germany, and the individual entrepreneur is allowed to exist. However, the idea of ownership is quite different from what it was in the nineteenth century. Ownership is looked upon more as a service than a right; especially the profit earning power of ownership is to a certain degree destroyed. This attitude tends to limit narrowly the entrepreneur's freedom to act, and I doubt whether he will be similar in character and ability to the entrepreneur of the nineteenth century if development continues to move in this direction."
Fritz Redlich im Harvard Business Review, Herbst 1936, Vol. 15 Issue 1, Seite 95.