Once the [Fascists] came into power, it did not take long for the government to produce official statements against nationalization. On 12 February 1933, Mr. Bang, an important advisor within the team of Alfred Hugenberg, the State Secretary of Public Economics, publicly stated that ‘The policy of nationalization pursued in the last years will be stopped. The state owned enterprises will be transformed again into private firms’. It is worth noting that Hugenberg was not a member of the Nazi Party. In fact, most of the members of Hitler’s first cabinets did not belong to the Nazi Party. These cabinet members belonged to conventional right-wing parties (before they were suppressed in July 1933) and had strong ties with German industrialists.
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