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I’ve always thought of bourgeois democracy as being the form in which 
capitalists rule domestically primarily through persuasion (with their control 
over the ideological state apparatuses), but are willing to use force when 
necessary. (Think of the violent repression of the Panthers, labor strikes, 
urban rebellions, anti-war protests.) Of course, when dealing with challenges 
abroad, violent force is usually the norm, as seen in Korea, Vietnam and dozens 
of other places.

Fascism is when the capitalists decide to rule primarily through coercion 
(state violence), although the secondary aspect of indoctrination is still 
important.

In the past, capitalists have opted for making coercion primary when faced with 
a restive, revolutionary-led working class. But does that mean that in the 
future there might not be other motivations? It seems possible that when faced 
with intractable crises — economic disarray, political chaos, environmental 
ruin and serious challenges from rival imperialists — the capitalists may 
decide it needs to discipline elements of its own class, as well as the working 
class, in order to adequately deal with the crises.

I found this MR article on the subject to be persuasive:
http://monthlyreview.org/commentary/it-could-happen-here

Glenn
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