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The First Socialization Debate of 1918: Was the Socialization Commission Doomed to Failure Right from the Start?

In: The First Socialization Debate (1918) and Early Efforts Towards Socialization

Author

Listed:
  • Hans A. Frambach

    (University of Wuppertal)

Abstract

The devastating economic situation after World War I in Germany and the political change from monarchy to republic made calls for socialization and nationalization of industries louder. The ruling coalition was committed to socialist aims on the one hand, but aware of the limited economic performance of a socialist system on the other. In order to evaluate the consequences of opting for socialism, and to gain time, a board of experts from all areas of the economy was established: the First Socialization Commission. However, the Commission’s intensive analysis of the economic situation and proposals for the realization of socialist aims were preceded by actual developments in economic practice, as well as by political decisions, so that its influence was small and its failure pre-programmed from the start.

Suggested Citation

  • Hans A. Frambach, 2019. "The First Socialization Debate of 1918: Was the Socialization Commission Doomed to Failure Right from the Start?," The European Heritage in Economics and the Social Sciences, in: Jürgen Backhaus & Günther Chaloupek & Hans A. Frambach (ed.), The First Socialization Debate (1918) and Early Efforts Towards Socialization, pages 1-16, Springer.
    • Handle: RePEc:spr:euhchp:978-3-030-15024-2_1
    DOI: 10.1007/978-3-030-15024-2_1
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