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Berlin, March 31, 1937. Adolf Hitler’s regime appears stronger than ever. The Enabling Act is extended for another four years, the civil service is bound more tightly to Hitler personally, and Germany formally rescinds its signature from the war-guilt clause of the Versailles Treaty. But behind the speeches about honor, work, and national revival, another transformation is underway. In the first quarter of 1937, Nazi Germany moves deeper into an economy built around rearmament, Party patronage, racial exclusion, corporate privilege, and theft. The new German Corporation Law weakens ordinary shareholder control and strengthens management boards. Industrial giants profit from military preparation. Jewish property becomes a field of extortion and enrichment. Hitler himself grows wealthy through book royalties, image rights, hidden payments, and political slush funds.
