"[R]elatively light sentences handed to [Nazi] I.G. Farben and other German business executives, who in many cases were reinstated in their former positions. While Farben company patents were confiscated by the Allies, particularly the U.S., and the cartel deconcentrated, the three successor companies are now each bigger than their parent company ever was, with combined assets of seventeen billion dollars"
5-7-1997 The Persistence of Elites and the Legacy of I.G. Farben, A.G. Robert Arthur Reinert Portland State University..
... With its monopoly over the manufacture of products critical to the war effort, and its global business interests, LG. Farben became one of the most powerful companies in the world during World War II., and an integral part of the Third Reich power structure. The Reich's policy of reducing dependence on foreign raw materials and detaching the country from unfavorable foreign exchange made it further dependent on LG. Farben for the development of synthetic goods, diverting to the company enormous research subsidies and further fueling the growth of company profits.
The company reciprocated with generous contributions to the NSDAP. • Despite the initial plea of LG. Farben executive Bosch to the Third Reich on behalf of Jewish associates and scientists, the company quickly moved to profit from the purging of Jewish executives and the acquisition ofliquidated Jewish assets. Company directors not only became Party members, but intimates in the Nazi inner Page 99 circle and SS members.
As the war progressed on two fronts, I.G. Farben aggressively pursued the exploitation of slave labor, investing heavily in the building of Auschwitz, and in doing so, condemned to death millions of civilians in labor camps and concentration camps.
During the post-war occupation of Germany, the Allied powers were soon preoccupied with Western European stability as a bulwark against Soviet communism; this, in part, contributed to the relatively light sentences handed to I.G. Farben and other German business executives, who in many cases were reinstated in their former positions.
While Farben company patents were confiscated by the Allies, particularly the U.S., and the cartel deconcentrated, the three successor companies are now each bigger than their parent company ever was, with combined assets of seventeen billion dollars.
VI. CONCLUSION Germany always had two bosses: one the General Staff, and the other the Rhine industrialists. We still have the latter only a little chastened. Let us not take on the other for a while. 218 (John McCloy to Henry Stimson June 28, 1950) [https://pdxscholar.library.pdx.edu/cgi/viewcontent.cgi?article=6374&context=open_access_etds]
Comments