📖 Overview
Wall Street and the Rise of Hitler examines the financial connections between American banking institutions and Nazi Germany before and during World War II. The book documents specific transactions, agreements and business relationships between major U.S. corporations and German companies during Hitler's rise to power.
Through extensive research and primary sources, Sutton traces the flow of American capital and technical assistance that supported German rearmament and industrial expansion in the 1920s and 1930s. The investigation focuses on key Wall Street firms and their German subsidiaries, examining their roles in building up German military and economic capacity.
The narrative follows the money trail from America's financial center to German industry, revealing how business interests transcended national boundaries during a pivotal historical period. Sutton presents evidence from government records, congressional investigations, and corporate documents to construct his account.
This work raises fundamental questions about the relationship between international finance and political power, and the potential conflict between private profit motives and national interests. The book challenges conventional narratives about the economic forces behind World War II.
👀 Reviews
Readers describe this as a detailed account of Wall Street's financial involvement with Nazi Germany, backed by extensive documentation and primary sources. Many note the book presents hard evidence rather than speculation.
Readers appreciated:
- Clear paper trails showing financial connections
- Specific examples of American companies' involvement
- Thorough citations and references
- Neutral, academic writing style
Common criticisms:
- Dense, dry writing
- Technical financial terminology can be hard to follow
- Some sections feel repetitive
- Limited broader historical context
Ratings:
Goodreads: 4.12/5 (374 ratings)
Amazon: 4.5/5 (251 ratings)
Several readers noted the book pairs well with Sutton's other works on Wall Street's role in major historical events. One reviewer called it "methodical to a fault - like reading corporate financial reports." Multiple readers mentioned the book contains information not found in standard WWII histories.
📚 Similar books
Trading with the Enemy by Charles Higham
Documents American corporations and financial institutions that maintained business relationships with Nazi Germany during World War II.
IBM and the Holocaust by Edwin Black Reveals IBM's role in providing technology and business systems to Nazi Germany for tracking and organizing Holocaust victims.
The Devil's Chessboard by David Talbot Chronicles Allen Dulles's connections between Wall Street, US intelligence, and Nazi-affiliated organizations before and after World War II.
Standard Oil and World War II by Steve Reiss Examines Standard Oil's strategic business arrangements with German chemical company I.G. Farben during the Nazi regime.
Hitler's American Friends by Bradley W. Hart Details the network of American businessmen, politicians, and organizations that supported Nazi Germany through financial and political means.
IBM and the Holocaust by Edwin Black Reveals IBM's role in providing technology and business systems to Nazi Germany for tracking and organizing Holocaust victims.
The Devil's Chessboard by David Talbot Chronicles Allen Dulles's connections between Wall Street, US intelligence, and Nazi-affiliated organizations before and after World War II.
Standard Oil and World War II by Steve Reiss Examines Standard Oil's strategic business arrangements with German chemical company I.G. Farben during the Nazi regime.
Hitler's American Friends by Bradley W. Hart Details the network of American businessmen, politicians, and organizations that supported Nazi Germany through financial and political means.
🤔 Interesting facts
🔹 Author Antony Sutton was expelled from the prestigious Hoover Institution at Stanford University after publishing this controversial book in 1976, despite his previous academic success and numerous well-received publications.
🔹 The book reveals that General Motors, Ford, and other American companies continued to supply Nazi Germany with crucial materials and technology even after Pearl Harbor through their subsidiary companies.
🔹 Through extensive research of U.S. government documents, Sutton demonstrated that Brown Brothers Harriman, a private banking firm, worked with Fritz Thyssen, Hitler's primary financial backer, throughout most of the Second World War.
🔹 The book documents how I.G. Farben, a German chemical company, established a cartel agreement with Standard Oil of New Jersey, owned by the Rockefellers, which continued to operate even during wartime.
🔹 The research presented in this book became part of a larger trilogy by Sutton examining Wall Street's role in major historical events, including "Wall Street and the Bolshevik Revolution" and "Wall Street and FDR."