Source: Libertarian Institute
by Thomas Eddlem
“At its base, economic fascism is a form of capitalism, not socialism. It has always been this way, though many leading promoters of free markets today wish it wasn’t. But fascism has native-born citizenship in capitalism, in private property, and not in state property socialism. Fascism’s private property DNA can’t be denied. There are many words to describe statism generally, as well as words to describe our capitalist system that has been corrupted by parasitic billionaires. These include cronyism, fascism, corporatism, plutocracy, and kleptocracy (this latter one, admittedly, can apply to socialism or capitalism). We don’t have to shoe-horn socialism into the role.” (12/02/25)