Why Fascism Is Neither Right-Wing nor Left-Wing (Economically)

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There's a reason why they refer to themselves as 'third position'

Culturedthug
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Fascism: anything I don't agree with

egg
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the left right dynamic isn't a good descriptor for anything.

hulagu
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It's like someone looked at Capitalism & Marxism and then said "What if we combine the *worst* parts of both?"

vonneely
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0:36 "The German or Zwangswirtschaft "compulsory economy" system (...) maintains private ownership of the means of production, entrepreneurship, and market exchange. (...) The government tells these seeming entrepreneurs what and how to produce, at what prices and from whom to buy, at what prices and to whom to sell. The government decrees at what wages laborers should work, and to whom and under what terms the capitalists should entrust their funds. Market exchange is but a sham. As all prices, wages and interest are fixed by the authority, they are prices, wages and interest rates in appearance only; in fact they are merely quantitative terms in the authoritarian orders determining each citizen's income, consumption and standard of living. The central board of production management is supreme; all citizens are nothing else but civil servants. This is socialism with the outward appearance of capitalism. Some labels of capitalistic market economy are retained, but they signify here something entirely different from what they mean in the market economy." - Ludwig von Mises, Planned Chaos, an excerpt from 1951 edition of Socialism: An Economic and Sociological Analysis.

matiaserp
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Franco wasnt a fascist, or a leftist, or a reactionary, or any ideology. He was a spanish nationalist and did whatever (he believed) was the best for spain. When it was convenient he placated the reactionarries, the theocrats or the falangists (the closest spanish equivalent to a fascist movement), or the technocrats or whoever.
In the end he pushed the radicals away from power and by the 60s made technocrats run the economy.

It was similar in Romania, the dictator Sima there used fascists in his movement to get into power and then pushed them away form reigns which sparked a civil war with Antonescou.

stanisawzokiewski
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Mussolini himself said "The only constant of Fascism is action".

murdelabop
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Post WWI and the Great Wall Street Crash saw a mass collapse of traditional conservative and capitalist parties across Europe, while at the same time traditional socialists were terrified of the tidal wave of communism sweeping Europe, which was seen as too violent and revolutionary following what happened in Russia. So many left-wing parties moved or pretended to move to the centre to appeal to both the right and left, and to distance themselves from communism. That's how nationalist socialist parties like the Nazis and Fascists were formed. What's interesting is the longer these parties stayed in power the more communist/corporatist they became. Now look at how many countries today are moving that way.

zukritzeln
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15:06 Also the time when pasta was banned in italy as it took too many resources.

anushagr
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4:19 Left-wing parties are fraught with internal battles because left-wing isn't an ideology, it's a physical place turned into a metaphor for a late 1700s social consensus. "The left" is literally all the groups of people represented by those who sat on the left side of the National Assembly before and during the French Revolution. This is a large group of people with conflicting views whose only commonality was not having noble or clerical privilege (the "third estate").

The right wing was also a place: namely, the other side of the room. Again, the only commonality at the time was that they all had noble or clerical privilege (first and second estates) and thus the legal ability to veto anything anyone else wanted. Today such privileges have largely gone away, so now "the left" generally means "those who represent the interests of the oppressed" and "the right" generally means "those who represents the interests of the privileged and/or powerful".

Wanting to retain power and privilege is a fairly strong unifying force, so the right tends to remain unified. The left, on the other hand, is a marriage of convenience between libertarians - people who want to take boots off people's necks - and temporarily embarrassed authoritarians who merely want a role reversal.

SuperSmashDolls
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"If destiny is against us, that's worse for it", said once Mussolini. ("Se il destino è contro di noi, peggio per lui"). Well, destiny WAS against them and Mussolini was executed by the Italian partisians.

But to me the most impressive part is that in nowadays Italy, many Italians believe the only mistake Mussolini did was to enter WW2. He's still admired by a surprisingly big number of Italians.

danilolabbate
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Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊

detectiveofmoneypolitics
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A country thhrives when prices fall due to an increase in production efficiency, not due to a fall in sales.

GregoXWK
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Fascism was not presented as an economic idea, even by Mussolini. This video is confused.

rocksnot
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state controlled or command economy with party top officials holding key positions in major industries in short state capitalism.. are we supposed to ignore their party names and ideology? Even their origin is in Syndicalism.

Kevin-vcjf
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Thats pretty close to what Russia and China is doing recently.

ExcessumGaming
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The architect of Fascism was an italian Philosopher named Giovanni Gentile. According to a prominent Italian historian named Benedetto Croce, he wrote that (and I quote) "...Gentile's philosophical basis for fascism was rooted in his understanding of ontology and epistemology, in which he found vindication for the rejection of individualism, and acceptance of collectivism, with the state as the ultimate location of authority and loyalty outside of which individuality had no meaning (and which in turn helped justify the totalitarian dimension of fascism)." If that does not hold many parallels with today's left, I don't know what does.

jorgeundertaker
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This is pretty interesting, but the Italians were far less effective in their war effort than the Germans or arguably even the Japanese, who took on much bigger military and economic powers than themselves simultaneously. The economic systems of Axis Germany and Japan would be really interesting follow-ups to this, as a sort of series or trilogy.

I've heard the US war economy was also incredibly interventionist during WW2 (people always throw out that "90% income tax" meme; doesn't sound realistic or plausible to me), so that would be an interesting comparison as well.

ShimobeSama
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Good video, this comports with books I've read on the Fascist economy like "Italian Industrialists from Liberalism to Fascism" and "Corporatism and Fascism: the Corporatism Wave in Europe". Corporatism was popular in Europe at the time among right-wing regimes like Francisco Franco and Salazar, as well as Fascists like Mussolini as well the Catholic Church. At the time in Europe, the right-wing wasn't yet associated with capitalism and preferred government controlled economies that protected the power of the elite. 💯

A-Big-Beautiful-Wall
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As I understand it what all right-wing ideologies have in common is that hierarchies are natural. They just differ on who is on top (church, monarch, billionaire, generalissimo), how you get there, and if it should be enforced or if nature should take it's course to make it so.

ilesalmo