Tuesday, January 13, 2015

What Is Fascism?

"John T. Flynn writes that it is government system that accepts responsibility to make the economic system work at full energy, using the device of state-created purchasing power effected by means of government borrowing and spending...."

http://mises.org/library/what-fascism-0

"Fascism is a system of social organization that recognizes and proposes to protect the capitalist system and uses the device of public spending and debt as a means of creating national income to increase employment."

http://mises.org/library/what-fascism

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