Corporate fascism entails “principles, doctrines, or a system of corporative organization of government founded on privatization and corporate ownership.” It is important to note that under Nazism, the needs of the individual were subordinate to the needs of the state, and in 21st century America there has been a definite trend towards giving preference to the needs of corporatists like the Koch brothers and Wall Street over the needs of the people. Subsequently, the Republican push to decimate government investment, eliminate social programs such as Social Security, Medicare, and other crucial safety nets, combined with killing jobs and increasing poverty among the population is leading America down the same austerity path giving rise to the dangerous neo-fascism threatening Europe. For a portent of what awaits America if its addiction to austerity economics is not broken soon, a brief history of how Europe is falling victim to the threat of fascism is reported here. It is a cautionary tale that both describes what lies in store for America if it continues pandering to corporatists and religious extremists, and reinforces what economists and liberals have proposed is a solution to save America from the threat of corporate and religious fascism.
Posted on: Mon, 25 Nov 2013 11:57:43 +0000