This Day in History: Italian Fascist leader Benito Mussolini and his mistress are killed on this day in 1945. Fascism is a term that gets thrown about liberally, but few actually know what it means. Another word for Fascism is Corporatism, and for many, it is the economic system of most Western countries, including the United States.
Mussolini however was also a Socialist who believed that businesses should be closely tied to the State.
"No aspect of life is untouched by government intervention, and often it takes forms we do not readily see. All of healthcare is regulated, but so is every bit of our food, transportation, clothing, household products, and even private relationships. Mussolini himself put his principle this way: 'All within the State, nothing outside the State, nothing against the State.' I submit to you that this is the prevailing ideology in the United States today." Lew Rockwell
Ben O’Neill in his “The Vampire Economy and the Market" described Fascism as “attempts to secure economic growth and prosperity by fusing a ‘partnership’ between business and the State, absorbing business into the State in this process.” While communism '[when] faced with existing institutions that threaten the power of the state – be they corporations, churches, the family, tradition – the Communist impulse is by and large to abolish them, while the fascist impulse is by and large to absorb them.' Essentially, 'fascism is a form of hyper-interventionism amounting to socialism.'”
When Mussolini's dead body was hung upside-down in a public square, his form of governance should have died with him. But the bad ideas of the past (socialism / communism /fascism) don't die as these ideologies provide the recipe for power too many so eagerly desire.
See also Over 300 PDF/Acrobat Books on Socialism, Communism and Economics and 300 Books on DVDrom for Libertarians, Objectivists and Voluntaryists
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For a list of all of my books on disks and other ebooks click here
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