Tuesday, March 16, 2010

What is Fascism?



John T. Flynn in his classic study "As We Go Marching", originally published in 1944, explains the idea and the movement called Fascism. Whether fascism was capitalist or anti-capitalist, labor or anti-labor, no one could say until the leaders themselves decided upon a course of action. It was improvised as the movement went along. It is government system that accepts responsibility to make the economic system work at full energy, using the device of state-created purchasing power effected by means of government borrowing and spending, and which organizes the economic life of the people into industrial and professional groups to subject the system to control under the supervision of the state. http://mises.org

John T. Flynn biography

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