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From a Chris Hedges interview with Michael Hudson:

"If you look back in the 1930s, Leon Trotsky said that fascism was the inability of the socialist parties to come forth with an alternative. If the socialist parties and media don’t come forth with an alternative to this neofeudalism, you’re going to have a rollback to feudalism."

http://www.counterpunch.org/2016/04/01/the-lies-of-neoliberal-economics-or-how-america-became-a-nation-of-sharecroppers/

As it happens, Hudson is actually the godson of Leon Trotsky. His father was Carlos Hudson who was one of the Trotskyists who went to prison in 1941 for opposing WWII.
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