Abstraktionen in der Geologie

Kockel, C. W.

doi:10.1007/bf01801266

Cited by 2 publications

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“…47 In his analysis of German oil politics between 1928 and 1938, Titus Kockel concludes that the shift toward autarky dramatically changed the balance of power between the four groups of industries engaged in the oil industry. 48 These four groups comprised of the international oil companies, domestic oil companies, the German coal and steel (Montan) industry, and the German chemical industry. The first group primarily imported finished products, owned small-scale refineries and large distribution and marketing networks.…”

Section: Nazi Autarky and Private Businessmentioning

confidence: 99%

Property, control and room for manoeuvre: Royal Dutch Shell and Nazi Germany, 1933–1945

Boon¹,

Wubs²

2022

Between Coercion and Private Initiative

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Nationalistic Nazi politics created huge problems for foreign multinational firms in Germany. Business during the Nazi period has been characterised as either state controlled, complacent or complicit. Yet, some cases show that local management had considerable room for manoeuvre and acted primarily with the integrity and long-term interest of the company in mind. This article questions to what extent Royal Dutch Shell (RDS) controlled its assets in Nazi Germany and what its room for manoeuvre was. Although RDS lost control over its subsidiary over the course of the 1930s, the local management retained considerable room for manoeuvre well into the war.Nationalistic Nazi politics created huge problems for foreign multinational firms in Germany. When Hitler rose to power in 1933 the business community feared he would make good on the avowed Nationalsozialistische Deutsche Arbeiderpartei (National Socialist German Workers' Party) objective of nationalising Germany's big business. 2 After assuming power Hitler quickly recognised that nationalisation would harm his government and set out to assure large foreign-owned firms in Germany that private ownership would be honoured. 3 Nevertheless, short of nationalisation, the state increasingly intervened in the economy to support the Nazi objectives of rearmaments and autarchy. 4 Although the economic boom as a result of the war preparations offered great opportunities for business, the regulation and control of the economy severely restricted the conduct of business for all companies in Germany, but particularly for foreign-owned firms. Currency restrictions hampered imports of raw materials and intermediates, capital controls made it impossible to repatriate funds, and prices and resource allocations, as well as the marketing of final products were gradually regulated and controlled by the state.Business in Nazi Germany presents a rich case of the impact of dictatorship as an extreme form of political risk in international business. 5 The record of German big business conduct

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Section: Nazi Autarky and Private Businessmentioning

confidence: 99%