Published on Jul 14, 2012

To deal with the massive unemployment and economic paralysis of the Great Depression, both the Roosevelt government in the US and Hitler's government in Germany launched innovative and ambitious programs in 1933. Although Roosevelt's "New Deal" programs helped only marginally, the Third Reich's much more focused and comprehensive policies proved remarkably successful. Within three years unemployment was banished and Germany's economy was booming. As Weber explains, this remarkable achievement is little known and rarely acknowledged. He also takes a look at the Third Reich's economic and taxation policies, and their impact on people's lives, as well as the ideology and social-economic principles on which they were based.