21st Century Fascism?
We throw around the term fascism all the time usually referring to what we may perceive as any authoritarian practices. The Merriam-Websters definition is thus:
a political philosophy, movement, or regime (as that of the Fascisti) that exalts nation and often race above the individual and that stands for a centralized autocratic government headed by a dictatorial leader, severe economic and social regimentation, and forcible suppression of opposition
The most prominent example of fascism is that of Mussolini’s Italian regime in the middle part of the 20th Century. Thomas J. DiLorenzo posted on the LRC Blog this quote from Gaetano Salvemini’s Under the Axe of Fascism (1936), p. 380.:
“The Italian Charter of Labour says that private enterprise is responsible to the state . . . [but] it is the state, i.e., the taxpayer, who has become responsible to private enterprise. . . . Profit is private and individual. Loss is public and social.”
How fitting is this assessment of Fascist Italy to the current economic and political situation in 21st Century America?