Nazism, big business and the working class: Historical experience and political lessons

WORLD SOCIALIST WEB SITE

This webinar examines the historical relationship between Nazism, big business, and the working class—a discussion with urgent contemporary relevance.

Moderated by David North, chairperson of the International Editorial Board of the WSWS, the discussion involves three distinguished historians: David Abraham, Professor Emeritus of Law at the University of Miami and author of The Collapse of the Weimar Republic: Political Economy and Crisis; Jacques Pauwels, Canadian historian and author of Big Business and Hitler; and Mario Kessler, Senior Fellow at the Centre for Contemporary History in Potsdam, Germany, whose scholarship focuses on the German Communist Party and European labor movements. Also participating is Christoph Vandreier, chairman of the Sozialistische Gleichheitspartei in Germany.

On October 16, 2025, the World Socialist Web Site (WSWS) hosted a webinar examining the historical relationship between Nazism, big business and the working class—a discussion with urgent contemporary relevance. 

The discussion was chaired by David North, chairperson of the International Editorial Board of the WSWS and of the Socialist Equality Party in the United States. He was joined by three distinguished historians: David Abraham, professor emeritus of law at the University of Miami and author of The Collapse of the Weimar Republic: Political Economy and Crisis; Jacques Pauwels, Canadian historian and author of Big Business and Hitler; and Mario Kessler, senior fellow at the Centre for Contemporary History in Potsdam, Germany, whose scholarship focuses on the German Communist Party and European labor movements.

The webinar opened with North recounting the vicious academic campaign that destroyed Abraham’s career as a historian in the 1980s. After publishing his Marxist analysis of how conflicts within German capitalism facilitated Hitler’s rise, Abraham faced attacks from conservative historians Gerald Feldman and Henry Ashby Turner, who accused him of fraud. Abraham explained that the attack stemmed from “ideological animus, personal pique, and intellectual know-nothingism.”

In the discussion, Jacques Pauwels attacked the claim that Hitler’s rise was accidental or unconnected to capitalist interests. “Hitler’s so-called capture of power was merely a transfer or surrender of power,” he stated. “Without the financial and other support of industry and finance, in other words, big business, the rest of the German power elite, Hitler could never have risen to supremacy.” Pauwels described fascism as “the stick of capitalism, not to be used at all times, but certainly always ready behind the door.”

Mario Kessler addressed Hitler’s mobilization of the middle classes while preventing their left-wing radicalization toward socialism. He noted that the Nazi Party “never succeeded in making consistent inroads into the working class” and “never achieved an absolute majority of the votes” in any Weimar election. Hitler’s function was to “collect the votes of the unemployed people, the resentment of all who considered themselves losers of what was called the system.” Kessler stressed that “before Hitler and the German fascists could annihilate the Jews, they had to destroy the German and European labor movement.”

Pauwels demolished the myth that Hitler improved workers’ living conditions, documenting how “the German workers’ real wages fell dramatically under Nazi rule while corporate profits soared.” He revealed that work accidents and illnesses increased from 930,000 cases in 1933 to 2.2 million in 1939, calling Nazi policy “a high profit, low wage kind of policy.” The first concentration camp at Dachau was established not primarily for Jews but because “regular prisons were full of political prisoners, mostly social democrats and communists.”

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