By Steve McCann 8-10-15
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, commerce, finance, and agriculture. Licensing was ubiquitous; no economic activity could be undertaken without government permission. Levels of consumption were dictated by the state, and “excess” incomes had to be surrendered as taxes or “loans”.
The concept of a corporate state has been a staple of the American Left since Franklin Roosevelt. It was FDR that initiated the National Labor Relations Board to make the Government the final arbiter in labor issues. The National Recovery Act governed all aspects of manufacturing and commerce and the Agricultural Adjustment Act which introduced central planning to agriculture. It is generally acknowledged today that this approach by Roosevelt prolonged the Great Depression by another five years. (Jonah Goldberg’s masterpiece Liberal Fascism convincingly demonstrates the fascist roots of today’s liberalism.)
Read more: http://www.americanthinker.com/articles/2015/08/obamism_and_neofascist_america.html#ixzz3iPdrLXe8
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