Simply stated: capital and capitalism are two different things. The struggle is against capitalism, not capital. It is not the fact that there are factories, that there are mining assets, that is to blame for our misery, but rather the way in which they are managed and exploited contrary to the people’s welfare. Capitalism is the immoral distribution of capital. Marxism is Jewish there, too; it fights national capital in order to make it capitalism. Its theory is demagogic. Its practice is devastating." - Meaning and context.">
p. 17

Simply stated: capital and capitalism are two different things. The struggle is against capitalism, not capital. It is not the fact that there are factories, that there are mining assets, that is to blame for our misery, but rather the way in which they are managed and exploited contrary to the people’s welfare. Capitalism is the immoral distribution of capital. Marxism is Jewish there, too; it fights national capital in order to make it capitalism. Its theory is demagogic. Its practice is devastating.

— Joseph Goebbels

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "Simply stated: capital and capitalism are two different things. The struggle is against capitalism, not capital. It is not the fact that there are factories, that there are mining assets, that is to blame for our misery, but rather the way in which they are managed and exploited contrary to the people’s welfare. Capitalism is the immoral distribution of capital. Marxism is Jewish there, too; it fights national capital in order to make it capitalism. Its theory is demagogic. Its practice is devastating." in the context of "p. 17" to mean that wisdom is timeless.

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Source: Wikiquote: "Joseph Goebbels" (Quotes, 1920s, "Lenin or Hitler", Joseph Goebbels’s speech (19 February 1926): Opera House in Königsberg (Prussia), book published in 1926, Zwickau: Streiter-Verlag, 1926 https://research.calvin.edu/german-propaganda-archive/lenin-hitler.htm) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 29, 2026). https://gemini.google.com/app
Joseph Goebbels

About Joseph Goebbels

Paul Joseph Goebbels (29 October 1897 – 1 May 1945) was Adolf Hitler's Propaganda Minister in Nazi Germany. He was a German Nazi politician and Reich Minister of Propaganda of Nazi Germany from 1933 to 1945. He was one of Adolf Hitler's closest and most devoted associates, and was known for his skills in public speaking and his deeply virulent antisemitism, which was evident in his publicly voiced views. He advocated progressively harsher discrimination, including the extermination of the Jews in the Holocaust.