Hitler's views on economics, beyond his early belief that the economy was of secondary importance, are a matter of debate. On the one hand, he proclaimed in one of his speeches that "we are socialists, we are enemies of today's capitalistic economic system",
[16] but he was clear to point out that his interpretation of socialism "has nothing to do with Marxian Socialism," saying that "Marxism is anti-property; true Socialism is not."
[17] At a later time, Hitler said: "Socialism! That is an unfortunate word altogether... What does socialism really mean? If people have something to eat and their pleasures, then they have their socialism."
[15] The term that Hitler later wished he had used for his political party name was “social revolutionary.”
[18] In private, Hitler also said that "I absolutely insist on protecting private property... we must encourage private initiative".
[19] On yet another occasion he qualified that statement by saying that the government should have the power to regulate the use of private property for the good of the nation.
[20] Shortly after coming to power, Hitler told a confidant: "There is no license any more, no private sphere where the individual belongs to himself. That is socialism, not such trivial matters as the possibility of privately owning the means of production. Such things mean nothing if I subject people to a kind of discipline they can't escape...What need have we to socialize banks and factories? We socialize human beings".
[21] He clearly believed that the lack of a precise economic programme was one of the Nazi Party's strengths, saying: "The basic feature of our economic theory is that we have no theory at all."
[22] While not espousing a specific economic philosophy, Hitler employed
anti-semitic themes to attack economic systems in other countries, associating ethnic Jews with both
communism ("
Jewish Bolsheviks") and
capitalism,
both of which he opposed.
[23][24] Hitler also believed that individuals within a nation battled with each other for survival, and that such ruthless competition was good for the health of the nation, because it promoted "superior individuals" to higher positions in society.
[25] At
Berchtesgaden in July 1944, Hitler gave his final speech in front of an audience. Drafted by
Albert Speer, he emphasised the "self-responsibility of industry". After the war was won "private initiative of German business will experience its greatest moment". Hitler also expressed his belief in "the further development of humanity through the promotion of private initiative, in which alone I see the precondition for all real progress."
[26]