News. Sports. Fun. Life. (And, it's pronounced muh-DARE-ee)

Welcome to Medary.com
Monday, April 24 2017 @ 06:12 AM CDT

Fascist is as fascist does

Definition, from The Concise Encyclopedia of Economics:
As an economic system, fascism is socialism with a capitalist veneer.
. . .
Where socialism sought totalitarian control of a society’s economic processes through direct state operation of the means of production, fascism sought that control indirectly, through domination of nominally private owners. Where socialism nationalized property explicitly, fascism did so implicitly, by requiring owners to use their property in the “national interest”—that is, as the autocratic authority conceived it.

See also:


Image scraped from Andrew Malcom's Twitter feed.

Story Options

Fascist is as fascist does | 0 comments | Create New Account
The following comments are owned by whomever posted them. This site is not responsible for what they say.