"Aryanization" is, according to Kreutzmüller and Zaltin in Dispossession: Plundering German Jewry, 1933-1953, "a Nazi slogan that was used to camouflage theft and its political consequences.
In both cases, Aryanization corresponded to Nazi policy and was defined, supported, and enforced by Germany's legal and financial bureaucracy.
Either by direct force, government interventions such as sudden tax claims, or the weight of the circumstances, Jewish property changed hands mostly below fair market value.
On 12 November 1938, Jews were forbidden to function as business managers, forcing Jewish owners to install "Aryan" surrogates.
Because the Jews were burdened with heavy payments as "atonement" for the damage done by the SA and antisemitic mobs during Kristallnacht, the selling off of Jewish property was only a question of time.
On 3 December 1938, the value of Jewish landed property was frozen at the lowest level, and valuables and jewels were permitted to be sold only through state offices.
[16] The heads of the public 'Landessippenämter' (state offices of mores) and in particular the Protestant pastors and the Evangelical Lutheran Church played an important role in the preparation of Aryanization.
[17] After Austria merged into the Third Reich in the Anschluss on March 12, 1938, Austrian Jews were plundered and thousands of properties seized through Aryanization.
[18] Major landmarks owned by Jews, like the Wiener Riesenrad, which had belonged to Eduard Steiner, were Aryanized and their owners murdered.
[22] In Vichy France, Aryanization was governed by a July 22, 1941 law of the French state, which was following the October 18, 1940 Nazi ordinance for the occupied zone.
[clarification needed] In October 1938, it was followed by the Racial Laws in the Kingdom of Italy, which stripped the Jews of Italian citizenship and governmental and professional positions.
[28] The aim of these measures was to achieve the "Aryanization" of Italian society by excluding Jews from various areas of economy, education and social life and having to emigrate.