Sowell on Fascism

Thomas Sowell on the history of fascists and the American sympathizers.

Excerpt

Because the word “fascist” is often thrown around loosely these days, as a general term of abuse, it is good that Liberal Fascism begins by discussing the real Fascism, introduced into Italy after the First World War by Benito Mussolini.

The Fascists were completely against individualism in general and especially against individualism in a free-market economy. Their agenda included minimum-wage laws, government restrictions on profit-making, progressive taxation of capital, and “rigidly secular” schools.

Unlike the Communists, the Fascists did not seek government ownership of the means of production. They just wanted the government to call the shots as to how businesses would be run.

They were for “industrial policy,” long before liberals coined that phrase in the United States.

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