But what in economy isn't a powerful state an integral element--including our own so-called free market economy? One has to first distinguish the image of economy painted by the ideology of professional economists from how things actually work.
In this light, every major modern economy may be regarded as some variety of capitalism (if the word has any meaning at all) and therefore all more or less anti-democratic whether styled as facist or demorcatic or socialist or marxist or whatever. Differences at best amounting to quantitative variations on the same basic theme.
> Date: Sat, 19 Sep 2009 11:31:24 -0700
> From: cgmaisano at yahoo.com
> To: lbo-talk at lbo-talk.org
> Subject: [lbo-talk] More on Obama and Fascism
>
> Fascism and social democracy/Keynesianism/welfare liberalism/whatever you want to call it actually do share some common roots in their economic thinking, as both attempted to subordinate significant portions of the economy to some sort of political control (though obviously the big difference is the nature of the state in a fascist regime vs. a social democratic/welfare liberal regime) and make use of some sort of corporatism (tripartite economic planning by the state, organized labor and organized business). They were both forms of dissent from the practice of orthodox liberalism and orthodox Marxism in the early 20th century, both of whch adhered to classical economic theory. Sheri Berman wrote a pretty good book a couple of years ago called The Primacy of Politics (http://www.cambridge.org/us/catalogue/catalogue.asp?isbn=9780521521109) that deals pretty extensively with this issue.
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> Today's teabaggers and their ilk obviously don't really go much beyond sloganeering when the equate whatever the Obama admin is doing economically with fascism, but there is a very small grain of truth in that argument.
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