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Fascism vs Socialism

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Fascism vs Socialism

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Fascism vs Socialism
Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

4 comments

  1. Bitchute is better than Youtube

    Under Fascism there was plenty of public ownership (like 50% of the economy, health, travel, education, mining, many factories etc) and it's wasn't just government direction, they set prices, decided who could be hired, directed resources, approved of business plans, etc etc etc. and those businesses had to take their """profits""" and spend it as the Nazis told them. That's no different than taking taxes and deciding how they would be spent. Don't forget there was the 4 year plans, and the Nazis starting their own businesses (eg mining) and forcing businesses to buy shares in those companies. And those shares had no dividends or voting rights. Only the Nazi party had voting rights. And those companies hired Nazi party members in order to function cause over half of their communication was with government.

    • But this is not socialism.

    • Bitchute is better than Youtube

      ​@Thomas V. Wormin that case many of the systems that call/ed themselves socialist weren't socialist. Government owning and directing resources is socialism. If you cannot do with your property what you choose, but instead must follow the government dictate, is it really your property? Imagine if government told you how to spend your wage, would you still think of it as your wage? If government forces you to hire party members, and tells you what you have to produce, the prices you have to use, who you can hire etc, well you're not calling the shots. You're an employee holding out hope that one day you'll be boss again.

  2. Fascism is a extremist form of social conservatism. It is not an economic ideology. It's focus is inforcing a rigid hierarchy of social groups.

    They are generally agnostic on economics, so long as it serves The 'nation'. When private business was under directives it was hearing up for and executing total war. If you read the papers on how they did that they used market mechanism to do it. The allies also used directives and price controls during the war.

    After the war. The fascist governments that survived had more state capitalist systems and then liberalised when it wasn't working well.

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