The Economics of Fascism

A Links entry from Monday, September 29, 2008

10:18 PM

The Economics of Fascism

Wikipedia on The Economics of Fascism:

Fascism also operated from a Social Darwinist view of human relations. Their aim was to promote “superior” individuals and weed out the weak.[15] In terms of economic practice, this meant promoting the interests of successful businessmen while destroying trade unions and other organizations of the working class.[16] Historian Gaetano Salvemini argued in 1936 that fascism makes taxpayers responsible to private enterprise, because “the State pays for the blunders of private enterprise… Profit is private and individual. Loss is public and social.“[17]

So that we’re all aware, we’re not looking at a socialist economic bailout, but a fascist one.

Note: Bryan posted this already in the comments section, but I think it’s extremely relevant to our current national predicament so I’m posting it again. Plus I think Digg and Reddit are going to eat this up.

2 Comments

Trackbacks & Pingbacks

Velvet Howler › Blog Archive › “Fleecing Shareholders”

[…] comments section a discussion recently erupted extending from fascism to the Wall Street bail-out. Yesterday Mark featured part of the discussion on the economics of fascism. Today I want to bring up this […]

Trading Free Traders: Ciao, USA! Salut EU! | mike soron . com

[…] and systems change. In the meantime, we need to reduce our dependence on the shit-parade towards economic fascism underway in the US and the less progressive BRIC “tigers” (Brazil, Russia, India, […]

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