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About this quote

What does it mean?
Schacht is criticized as an opportunist who supported a winning wrong movement then claimed opposition.
In plain terms
An opportunist supports a winner then claims to be against them.
What can you take from it?
Changing sides for safety damages credibility.

Where it applies

  • political shifts
  • career moves
  • post war narratives

Putting it to work

  • track consistency
  • verify claims

Questions to consider

  • When is changing sides acceptable?
  • How do we judge political survival?

Another view

Survival sometimes requires tactical shifts that look like opportunism.

More from Hjalmar Schacht

  1. He seems unable to brook any criticism or challenging of his stories or statements. My comments from time to time, my obvious failure to be convinced of his co…

    Permalink to quote #11
  2. It was Schacht, the facade of starched respectability, who in the early days provided the window dressing, the bait for the hesitant, and whose wizardry later …

    Permalink to quote #13
  3. Schacht is a disappointment because of another thing. If I would have had the terrible secrets of crimes committed by the Nazis in my hands, which Schacht said…

    Permalink to quote #10

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