The Reichsmark and the ruble : a study of two totalitarian systems and their economies in conflict / Neville Panthaki.
The Second World War ended more than fifty years ago, however, historians have constantly been learning and uncovering new information about the conflict. This is especially the case for affairs which occurred on the Eastern Front. The Nazi-Soviet conflict is now widely accepted as the main theatre of World War II. Nevertheless, historians are still at a loss to explain the fundamental reasons for the military outcome. This study examines aspects of economics as the basis for military defeats and victories. It is a comparative study of two totalitarian systems as well as their economies. The thesis is divided into two sections and presents findings by way of a parallel study. The conclusion is reached, that the Soviet economy was better able to withstand the stress of war due to its foundations in the pre-war era. The Soviet economy was likewise, better able to propel the Red Army, due to relatively better industrial efficiency and labour productivity compared to the Nazi economy. Therefore, the reader will realize that the basis of military victory was economic power, and that less bureaucracy, forthright industrial planning and the proper allocation of labour represent the basis of economic efficiency and strength.
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