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Economic Fascism


=>https://www.worldatlas.com/articles/what-is-a-fascist-economy.html


worldatlas.com, while hardly an authority, has a nice definition of Economic Fascism. Quoting:


> In addition to the previously mentioned basics of fascism, the ideology also carries a unique economic structure. Although not all fascist governments practice the exact same type of economy, some general characteristics do apply. In a fascist economy, the role of the government is more than simply regulatory. It has strong influence over controlling investments and industries.

>Under this type of economy, the government ensures that the most successful entrepreneurs are supported in their business ventures while simultaneously working to dismantle unions. In order to garner government support, however, businesses and their profits must be promised to enhance the interests of the country. The idea behind this was also that any losses or failures would be shared by the public, in other words, the taxpayers.

>Most fascist leaders oppose free-market economies and socialism, instead believing that social classes and corporate centric policies are healthy for society. Additionally, because fascism is rooted in nationalism, international trade is usually abolished. The argument with this is that the national economy depends on international economies and risks loss if other economies decline. Under fascist rule, military allocations are often increased and privatization is encouraged.


Sounds familiar. Missing the elimination of the small business and the carefully groomed escalation of 'enterprise' culture interwoven into government.


Wikipedia delves into it much deeper:


=>https://en.wikipedia.org/wiki/Economics_of_fascism


I bet you didn't realize you've been living in what is easily described as a fascist economy. Not even 'capitalist', and pretty much opposite of 'free market' (queue the required 'fuck yous' as soon as free markets are mentioned).


A quick quote by a historian Gaetano Salvemini, criticizing fascism in 1936:

>...the State pays for the blunders of private enterprise. ... Profit is private and individual. Loss is public and social


What is really confounding is that current 'interests of the country' include greenwashing. Enormous subsidies for completely unsustainable technologies flow directly into the pockets of billionaires like Musk. Impossible to follow regulations that pretty much guarantee the only ones standing will be huge corporations. Actual impact on the environment is largely imaginary, and increased consumption is encouraged.


Just something to consider.


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