, Hannah Ryggen
, Carolyn Christov-Bakargiev
, et al.Chus Martínez, Bettina Funcke, Katrin Sauerländer, Cordelia Marten, Sam Frank, Stefanie Drobnik, John Irons, Gerrit Jackson, [1 More...]
1928: Monetary tightening in U.S. produces deflationary shock in European markets. 1929: Collapse of FAVAG, Germany’s second-largest insurance company, followed by a stock-market crash. 1931: Creditanstalt, Austria’s largest deposit bank, fails. Austria, Britain, Czechoslovakia, Germany, Hungary, and all of Scandinavia leave the gold standard. 1933: Vast European unemployment. Europe divides into currency and trade blocs. Hitler installed as chancellor of Germany by President Hindenburg. First concentration camp installed and opened in Dachau. 1935: The share of military spending in German national income increases from 1 to 10 percent. 1936: The European economy shows signs of full recovery.
“Modernity—it is hell,” wrote ...