re: #125 neverquit
re: #119 J.S.
They were completely controlled by the State. Period. Just because they were allowed to make money, in the hands of the very few, as long as they did Hitler’s bidding.
If you feel they existed in Free Market Capitalism, you’re severely uninformed.
Both communism and fascism are totalitarianisms, so of course Krupp made what their state client ordered. But they got to keep the industry and the profits; in the Soviet Union, the state owned the industry, and was its own client, so there were no profits (you can’t sell something to yourself and increase your total worth).