Wall Street: "More Lipstick for the Pig"

"Marxists argued that fascism is a form of state capitalism that emerges when laissez-faire capitalism is in crisis and in need of rescue by government intervention. Fascists have operated from a Social Darwinist view of human relations. Their aim has been to promote "superior" individuals and weed out the weak. In terms of economic practice, this meant promoting the interests of successful businessmen while destroying trade unions and other organizations of the working class. Lawrence Britt suggests that protection of corporate power is an essential part of fascism. Historian Gaetano Salvemini argued in 1936 that fascism makes taxpayers responsible to private enterprise, because "the State pays for the blunders of private enterprise... Profit is private and individual. Loss is public and social."

- http://en.wikipedia.org/wiki/Anti-capitalism

"Whenever the fascists came to power in Europe, they banned the work of the Austrian economists. The reason: the Austrians wrote as vehemently against "right-wing" central planning as against old-fashioned left-wing socialism. While many are alert to the dangers of socialism, far fewer know of the danger of fascism, which might be defined as economic regimentation toward monopolized state capitalism.

The word fascism is so often used as a swear word that we might sometimes forget that it really did exist as a system of political economy, and it continues to exist as a policy tendency. Like socialism, it took on different forms in different countries. Its spirit continues to exert a huge influence on the organization of economic life today.

As in the 1930s, it is assumed that the economy must be managed by the either the right or the left: socialism or fascism is our choice. Just as important, fascist-style thinking has experienced resurgence. One is just as likely today to find critics of the market economy on the right as on the left. Whereas the left wants to wreck the free market for the sake of equality and fairness, the right wants central planning for war, cultural renewal, and national pride. Both choices come at the expense of liberty."

- http://mises.org/events/75

Does any of this seem even remotely familiar to you?