Economic Fascism
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It may be argued that Mussolini (1883–1945, dictator of Italy 1922–1943) invented modern crony capitalism. Although he described himself as a socialist, he rejected the Marxist version. As he saw it, the state would not own the economy. Ownership would nominally remain in private hands, although the state would exercise total control.
Government control without direct ownership had the advantage th...
Government control without direct ownership had the advantage th...
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It may be argued that Mussolini (1883–1945, dictator of Italy 1922–1943) invented modern crony capitalism. Although he described himself as a socialist, he rejected the Marxist version. As he saw it, the state would not own the economy. Ownership would nominally remain in private hands, although the state would exercise total control.
Government control without direct ownership had the advantage th...
Government control without direct ownership had the advantage th...
Read more
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