The problem with fascism

First, what IS fascism?

Most economists define it as government control of the economy, while leaving ownership in private hands.  This is what our country is turning into.  (Miscellaneous factoid.  The current cost of regulations costs our economy the same as an additional tax on our GDP of $1.7 trillion dollars a year, according to studies from the Small Business Administration. This is over and above our largest-in-the-world corporation tax of 39.2 %.)

The advantage with fascism is that the politicians in the government call the shots., purportedly rescuing us and saving us from greedy people who would only be motivated to make a profit without other concern for what happens in their business.  The other advantage is that when the business fails and goes under, it is only the fault of the business owner who failed.  Nothing to do with the politician.  Nothing to see here. Move along.

The disadvantage is that the regulations imposed by the politicians may have no basis in the reality of what it takes for a business to actually survive by actually making a profit.  Big old evil profits are what keeps business from ceasing to exist.  The other disadvantage is that fascism ignores the actual way that a free market functions, where two parties enter into a voluntary, MUTUALLY beneficial economic arrangement.

This is different from where there is no competition, where there are no alternatives except the one party to do business with.  In a functioning free market, it would actually be the JOB of the government to break up monopolies and regimens that restrict the opportunity to make more economically beneficial purchases.  The government used to do this.

This is also different from the arrangement where one party has guns and forces the other party to do something that they do not want to do.  In fascism neither party in the economic arrangement has the guns.  Instead, the guns are being pointed at both parties by the government.

Perfect for Presbo and the people who do his bidding.  Not so perfect for everybody else.

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About drrik

3rd career and 2nd childhood. Spends spare time repairing old things. Aspires to burn more gasoline, gunpowder, and ink in pursuit of slowing down. Child of the 60s and aspiring student of history. No desire to see us repeat the failed social experiments that keep failing for lack of human beings that meet the left wing standards and have to be killed off. Did engineering long enough to realize that very little is new and the wheel does not need to be reinvented.
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