So it pretty well fits our current economic system.

I don't blame either party, rather I blame both.  They both want to limit
liberty and freedom, personal and economic, albeit for different reasons.

On Mon, Apr 2, 2012 at 10:12 PM, Jerry Barnes <critic...@gmail.com> wrote:

>
> "Early Warning Signs of Fascism"
>
> Oh.  This is in regards to Republicans.  That makes sense.  The early signs
> for President Obama have been around since he was elected.
>
> Anyway, what do you define as fascism.  It means different things to
> different people.
>
> Here's a definition from Sheldon Richman's "Concise Encyclopedia of
> Economics"
>
> In its day (the 1920's and 1930's), fascism was seen as the happy medium
> between boom-and-bust-prone capitalism, with its alleged class conflict,
> wasteful competition, and profit-oriented egoism, and Marxism, with its
> violent socially divisive prosecution of the bourgeoisie.
>
> Where socialism abolished all market relations outright, fascism left the
> appearance of market relations while planning all economic activities.
> Where socialism abolished money and prices; fascism controlled the monetary
> system and set all prices and wages politically.
>
> Under fascism, the state, through official agencies, controlled all aspects
> of manufacturing, commerce, finance, and agriculture.  Licensing was
> ubiquitous; no economic activity could be undertaken without government
> permission.  Levels of consumption were dictated by the state, and "excess"
> incomes had to be surrendered as taxes or "loans".
>
> To maintain high employment and minimize popular discontent, fascist
> governments also undertook massive public-works programs financed by steep
> taxes, borrowing and fiat money creation*. *
>
>
> That is
>
> As an economic system, fascism is socialism with a capitalistic veneer.
>
>
>
>
> J
>
> -
>
> Ninety percent of politicians give the other ten percent a bad reputation.
> - Henry Kissinger
>
> Politicians are people who, when they see light at the end of the tunnel,
> go out and buy some more tunnel. - John Quinton
>
>
> 

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