I've recently got into other aspects of Nazi Germany like economics. I've watched a few Youtube videos that claim that the Nazis were somehow socialist due to their tendency of controlling the economy through the state. I didn't agree with those claims, but it did get me thinking on whether or not Nazi Germany's economy was socialist or capitalist.

From what I've read so far it seems that Nazi Germany's economy was mostly capitalistic. They never really had a pro-worker stance and seemed to favor the corporations. The videos I've watched claim that those corporations were under threat from being nationalized by the government although a quick look in Wiki states that such things were rare and the corporations had the option to back out on Nazis projects. The Nazis also outlawed labor unions, strikes and lockouts. The only labor union that existed during Nazi Germany was controlled by the state though it was mostly about increasing worker output, not actually protect the workers. The claims that the Nazis were "opposed" capitalism are either misinterpreted by the fact that the Nazis usually meant that by "Jewish Bankers" and only opposed the Laissez-faire economic model.

In all, it seems that the Nazis economy was mostly capitalist though I'm not really educated on the subject because I just read through Wiki. So was Nazi Germany's economy socialist, capitalist, or a mix of both?