A couple of brief notes from Fjordman.
When debating capitalism in the comments section on a post from last summer, the American reader Queen said the following:
What we have today is not “capitalism!” It’s fascism. The word fascism is used so much today that we have forgotten its original meaning. The real meaning is simply an economic system in which corporations, labor unions, and governments all cooperate to create a totalitarian state. In which case, the government gets all totalitarian so it can screw the multi-nationals’ competitors and potential competitors, as well as us, “the little guy.” In the 1930s, it was supposed to be the “Third Way” between liberal capitalism and Communism. No coincidence then that Tony Blair called his system of government, which combines elements of cultural Marxism with corporate fascism, the “Third Way.”
Here is a new essay by my good friend, the Asian blogger Ohmyrus :
Roosevelt’s administration got many of his ideas from Mussolini, a fact acknowledged by former Democrat and New Dealer, Ronald Reagan. Reagan said in 1976, “Fascism was really the basis for the New Deal.”
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While Fascists did not obliterate the capitalist class like what Stalin did, they co-opted them. Their idea was that labour and management work together for national goals that they set. The tendency of that is that big business gets bigger. Laws will be passed that only the bigger companies can afford to comply. Smaller companies will find it too costly to comply. Small companies go under as a result.
The political leaders will favor this as it is easier to deal with a smaller group of large companies than with thousands of smaller companies. Big business will favor the arrangement because they have less competition. The collusion between big business and big government will create a marriage of convenience that will not benefit the small guy.