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David Weiner — The important question is, Can fascism create social stability?

Summary:
As David Weiner says, "important." The problem is that people prioritize security, good order and liberty in a descending order. When social dysfunction increases domestically in a liberal society, or an external threat is perceived as existential, then liberty cedes to order and, in extremis, to security. The question is whether "the free world" is facing such an issue, as some argue, and tending in this direction — vide the Patriot Act, the Department of Homeland Security, and the rise of the surveillance and security state. If so, what to do about it? David Weiner admits that he is not sure what his choice would be if push comes to shove in a divisive environment. And just as the excess of "socialism" is totalitarian collectivism; so too, the excess of "capitalism" is

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As David Weiner says, "important."

The problem is that people prioritize security, good order and liberty in a descending order. When social dysfunction increases domestically in a liberal society, or an external threat is perceived as existential, then liberty cedes to order and, in extremis, to security.

The question is whether "the free world" is facing such an issue, as some argue, and tending in this direction — vide the Patriot Act, the Department of Homeland Security, and the rise of the surveillance and security state. If so, what to do about it? David Weiner admits that he is not sure what his choice would be if push comes to shove in a divisive environment.

And just as the excess of "socialism" is totalitarian collectivism; so too, the excess of "capitalism" is totalitarian fascism. These are the extreme of political organization and both are reciprocal aspects of totalitarian statism in which an elite rules by diktat.

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The important question is, Can fascism create social stability?

David Weiner
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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