Capitalism is not the problem crony capitalism is... which is pretty much fascism. The bankers get together with the bribed lawmakers to pass laws heavily favoring bank profitability. They even provide the lawmakers with the legislation to regulate themselves. You think these clowns in DC can write the multi thousand page bills that regulate the banks? This is how all legislation is produced in DC and State capitals. The public-private partnership that progressives are talking about is this very process. Hey Antifa... This is fascism. Not some Republican who wants to own guns or drive an SUV.
The Fed was originally established after the crash of 1907 to become a public private partnership that would serve to continually bail out the bankers when they lost money in their gambles on the market. A social bailout of private loses. Fascism.
None of this has anything to do with fascism. I recommend looking up the meaning of words before opening your mouth.
This post illustrates the problem I have with stacker.news. Sometimes there is interesting technical content and then you have...this.
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The classic definition is basically private influencers guiding the control of gov and economic institutions. Public Private partnerships in the forms the WEF advocates Thus today's progressives, its exactly that. Own nothing, be happy... Who owns it when we don't? The corporations that profit off renting every item in our lives back to us after they buy it off us at firesafe prices pushed on us by law. The corporations who write the very laws Klaus Schwab is describing in his book to rescue us from climate change. The very laws Trudeau is passing in Canada guided by his mentor K.S. as a member of the young politicians club. You look up the definition... smother your own mouth.
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Fascism has been popular in the US for many many years. Mussolini was admired by the elite in the 1930s. A lot of this has been white washed out of the history you learn in government schools but it happened. WW2 required the US elites to rebrand but if you look at the actions of FDR and going forward the US has been a fascist ever since. Fascism triggers people so some call what we have corporatism.
That said, there is a big problem with the word Fascism. We can't agree on the definition. The word is pretty much meaningless in popular culture. It is a term you use to disparage people/groups you don' t like. The US is not Mussolini's Italy or Hitler's Germany but it is far closer to these than we'd like to admit and neither major party truly embrace personal and economic freedom. Both parties work hand and glove with the elite business interests.
If you read how Mussolini pitched fascism it was "the third way". Way one being liberal free markets, way two being socialism(another word that confuses people), government control over the means of production. The central focus of fascism and what made it different economically was the public / private partnership. The mixture of strong government control of big business. Heavy regulations and more limited central planning than socialism. Yes, it included nationalism and militarism but economically this is what it means.
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The U.S isn't really a free market anyways... It's very much over "regulated"
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