Word: fascism
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Dates: during 1930-1939
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...more thoughtful discussion of a problem of immediate interest is Max Nomad's "Capitalism without Capitalists." Pointing out that both Communism and Fascism are new forms of capitalism with privileged, self-perpetuating classes, Mr. Nomad endeavors to consider the question: who is to have the power? He lucidly points out that "the new system, in its various forms, will have its own internecine struggles of various groups contending for power, for the possession of the key positions in the government--and better jobs for their clientele...
Recently at Cornell a student conference on War and Fascism was held, which was largely dominated by a group who held that war is concomitant of capitalism, that Fascism is the last recourse of capitalism, that the only alternative is Communism. A speaker not of this group quoted from "Arms and the Men'' [FORTUNE, March 1934] quite extensively. During the discussion I pointed out that capitalists are being reformed with regard to war as evidenced by "Arms and the Men" appearing in FORTUNE whose circulation is almost exclusively "capitalists." The only answer was from a professional Communist...
...professed hope that at some time in the middle distance--a hundred years hence perhaps--communism may become an achieved fact. Doctrinaire socialism of the Marxian type he did not find in operation. Indeed, with democracy, he thinks it dead the world over. The one live political dogma is Fascism...
Political hormones seem to be flowing freely this spring, and the results are almost as startling in the corpus politicus as in the corpus biologicus. One notes that Bulgaria is attempting the noble experiment of fascism. Under the tender ministrations of Tsankoff, whose government in 1923 executed Stambolisky, the Agrarian dictator, the king's conscience has been stirred. Abandoning the neutrality which he has maintained for many years, Boris has consented to dissolve parliament and replace the present cabinet with an "authoritarian" government. Successful declaration of martial law has been followed by the usual arrests of Socialist and Communist leaders...
Real economic freedom, he stressed, depends upon the preservation of property rights. The rise of communism in Russia and of Fascism in Italy were due on the one hand to the absence of a powerful middle class and in the other to the weakening of the middle class by economic stress associated with the war. Hence preservation of economics freedom depends upon the development of this middle class which is not susceptible to "the contagious emotions of huddled crowds"; which neither covet nor possess such wealth as to inspire coveteousness in others...