What Is Fascism?

October 28, 2024

My friend, Robyn Harte-Bunting, expands on the graphic above:

I think of Fascism as Socialism but with the appearance of private property.

“…State’s managers can do very well for themselves to a far greater extent than in a pure Socialist system, at least for a while [maybe a long while, especially if following on from a period of genuine prosperity generated by the free market, as in the US, which looks more corporatist than at any point in the past].

But the essence is that both systems generate the Misesian Calculation Problem and are fragile and unsustainable.

From this point of view, we have a distinction without a difference.

It doesn’t matter that Fascism is overtly violent while Socialism is covertly violent.

Fascism is currently unfashionable but all varieties of statism will f*** you up.

Robyn Harte-Bunting is an award-winning scholar and research fellow from Mises University (2010-2012). He currently resides in Vienna.

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Michael McKay retired from the financial industry in 2014. He then went back to school and is now advises the implementation of health improvement and self-care strategies. He’s also the author of Secrets About Money That Put You At Risk. He can be reached at [email protected]