Tuesday, September 6, 2011

Fascism, American Style

Here's a look at how fascism has been implemented here in the US:

First, and this is key, we must look at the economic system. The liberals are proud to have had a role in creating its socially democratic elements. The conservatives are proud of America’s towering financial and military institutions. Republicans and Democrats all pretend America has a free enterprise system, attacking greedy profiteers while crediting themselves for the benefits of capitalism, blaming laissez faire for all our problems while dissonantly congratulating themselves for having supplanted it with sensible regulation and safety nets once and for all.




The dirty little secret is that there has been a bipartisan project of corporatism, the economic underpinning of fascism, for almost a century. The regulatory bureaus, the banking establishment, agricultural policy, telecommunications planning, even the welfare state all enrich corporate interests, but at the ultimate direction of the state. One could say this arrangement was foreshadowed in Lincoln or even Hamilton. But it was during the World Wars and New Deal that the nation embarked upon something decisively fascistic.





Hitler, Mussolini, and the other fascists all employed a general approach of co-opting the market through huge governmental takeovers of industry while maintaining the pretense of private property. Along with this came interventions that would be considered socialistic in other contexts. Lew Rockwell very nicely summed up the economic programs of Hitler, which mirror the great prides of Progressive politics of the 20th century:



He suspended the gold standard, embarked on huge public works programs like Autobahns, protected industry from foreign competition, expanded credit, instituted jobs programs, bullied the private sector on prices and production decisions, vastly expanded the military, enforced capital controls, instituted family planning, penalized smoking, brought about national health care and unemployment insurance, imposed education standards, and eventually ran huge deficits. The Nazi interventionist program was essential to the regime's rejection of the market economy and its embrace of socialism in one country.

No comments:

Powered By Blogger
free counters