Notable Point · 7:38-8:52

The Holocaust and Nazi economic irrationality

Nazi Germany murdered people it was exploiting for forced labour, an economic contradiction alongside the Holocaust's overwhelming moral and ethical wrongs.

Notes

The Holocaust's moral and ethical wrongs are unequivocal. Murdering people subjected to forced labour also destroyed labour that the Nazi regime sought to exploit. This is part of a broader criticism of German wartime economics and ambitious weapons projects that could not be built properly. Napoleon's belief that taxation should focus on visible activity provides another example of a ruler's poor economic judgment.