Socialism Is Dead; Participatory Fascism Has Triumphed

Unlike full-fledged socialism, which leads to totalitarian rule, mass poverty and economic decay, participatory fascism not only placates people’s wish to participate in the formal process of government decision-making but also permits private entrepreneurs enough room for maneuver that they can in some cases get rich; also enough that they can keep national output at a tolerably high level and in some cases even generate positive economic growth.

Healthcare: A House Divided Cannot Stand

I predict that the US government will adopt a “single-payer” healthcare system no later than 2030, and probably sooner. And while I oppose that outcome and believe its results will be far worse than a real free-market system would produce, I also suspect that those results will be better than the current half-fish, half-fowl, largely socialized but with fake “private” players sucking it dry, system.

What is Fascism?

As an economic system, fascism is socialism with a capitalist veneer. The word derives from fasces, the Roman symbol of collectivism and power: a tied bundle of rods with a protruding ax. In its day (the 1920s and 1930s), fascism was seen as the happy medium between boom-and-bust-prone liberal capitalism, with its alleged class conflict, wasteful competition, and profit-oriented egoism, and revolutionary Marxism, with its violent and socially divisive persecution of the bourgeoisie. Fascism substituted the particularity of nationalism and racialism—“blood and soil”—for the internationalism of both classical liberalism and Marxism.