August 10, 2015
Obamism and Neo-fascist America
The philosophical foundation of the American Left and the Democratic Party is a proprietary hybrid of Fascism. While in lockstep with the economic and political tenets of Fascism, the unique feature of the current American iteration is anti-nationalism as reflected in the belief that the United States is the locus of malevolence in the world as compared to militant nationalism of Italy and Germany in the 1920’s and 30’s.
Sheldon Richman in the Concise Encyclopedia of Economics describes Fascism as follows:
As an economic system, fascism is socialism with a capitalistic veneer.
Where socialism abolished all market relations outright, fascism left the appearance of market relations while planning all economic activities. Where socialism abolished money and prices; fascism controlled the monetary system and set all prices and wages politically.
Under fascism, the state, through official agencies, controlled all aspects of manufacturing,...(Read Full Article)